Would You Rent A Car With Bitcoin? - page 4.

Mahanton

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Quote from: samcrypto on March 06, 2020, 05:04:31 PM

If there’s a good option like this then why not, beside this is the purpose of bitcoin and we should not just hold bitcoin, sometimes its better to use it and enjoy it. I do rent a car for some business rides before so I think I will use this feature one day if its already available in my place.

Same here why wont accept it if adoption is already taking place?

As long it do concerns about payments and being considered with traditional businesses then its already counted for a good one.Of course i would much prefer on having this option
rather than on seeing fiat alone.

The question is, would these business owners will consider it out?

dongosquad

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 AM

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

In order to make ends meet, and my daily services prefer fiat, I only use cryptocurrency for trading and investing. Another factor is the limited use of cryptocurrency in my country, which may not be used as a means of payment, so there are almost no service providers and sellers that offer alternative payments with cryptocurrency, except for certain communities. Moreover, cryptocurrency is more effectively used as an investment tool, this is related to high volatility so it is not suitable as a means of payment.

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If there’s a good option like this then why not, beside this is the purpose of bitcoin and we should not just hold bitcoin, sometimes its better to use it and enjoy it. I do rent a car for some business rides before so I think I will use this feature one day if its already available in my place.

tippytoes

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Quote from: Shasha80 on March 06, 2020, 03:56:39 PM

For me it is a good idea to rent a car with a bitcoin payment. Because I am really looking for a travel agency provides payment features
with cryptocurrency. That way makes it easier for me when vacationing abroad do not need to use fiat currency. I only need to use a mobile
phone to make bitcoin transactions. Hopefully there will be more travel agencies who accept payments with bitcoin, that way will make
the development of bitcoin also more rapidly.

This feature is actually good for travellers who don't want to bring a large amount of cash as there is a certain limit that you can carry in and out of the country. So if you can convert your money into bitcoin or other alts that will be accepted in that country where you are travelling, that would be your advantage. Anyway, you still need to convert your money to the local fiat of where you travel so it is like you are also converting your money to crypto, and this might incur lesser fees.

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For now I think there are still many users who will make bitcoin only for an asset in the sense, they would prefer to hold it when compared to using it. But for me personally it will obviously be using bitcoin because after all, I have used bitcoin for payments in the past until there was a new regulation in my country that made everything change. So, payment options using crypto are more effective or not, I personally think if the feature will be more effective.

Shasha80

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For me it is a good idea to rent a car with a bitcoin payment. Because I am really looking for a travel agency provides payment features
with cryptocurrency. That way makes it easier for me when vacationing abroad do not need to use fiat currency. I only need to use a mobile
phone to make bitcoin transactions. Hopefully there will be more travel agencies who accept payments with bitcoin, that way will make
the development of bitcoin also more rapidly.

ice098

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I would love to hear this kind of services to be available sooner, but it's not that easy to incorporate this ways of payment transaction.
The problem is only with those who haven't been oriented by this kind system. It needs a lot of time in order to educate people so that they'll able to acquire knowledge of usinf cryptocurrency for different purposes as well as renting a car using bitcoin.

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Quote from: metenjean on March 05, 2020, 09:56:39 PM

Not good choose for rent a car with bitcoin because bitcoin price always have potential to higher, maybe you can ask for your car company available for rent car with payment using altcoin like doge or ethereum, its more benefit because both altcoin some time going down.

Comes a time when you need to start living and not just hoard. Of course the price may be higher in future but I'd happily spend it on enjoyable things as long as I had enough of it elsewhere.

And alts, whatever their merits or lack thereof, usually do waaay better than BTC during explosions. I got rid of some shitcoins to buy a VR headset. Less than two months later that had turned into a $10,000 headset. And it was crap.

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Quote from: metenjean on March 05, 2020, 09:56:39 PM

Not good choose for rent a car with bitcoin because bitcoin price always have potential to higher, maybe you can ask for your car company available for rent car with payment using altcoin like doge or ethereum, its more benefit because both altcoin some time going down.

This is indeed true if I would rent a car, I think it is better to use my on-hand cash (fiat) because there is a big possibility that the bitcoin you have used renting for that car can rise in terms of value, we cannot predict when but I can say that holding that bitcoin is really a right decision to make since we are waiting for the important halving that will happen this year, we are not sure that after the halving the market and the bitcoin itself will bull run in value but I think that's gonna happen because the last two halvings of bitcoin did make a big impact to the price of it and in the market itself, I can't for that to happen. I recommend to everyone that you should hold the bitcoin or any tokens that you are saving for a long time. You are using that car in just a small-time, but you will regret the decision if you really rent a car using your bitcoin.

fullhdpixel

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Quote from: metenjean on March 05, 2020, 09:56:39 PM

Not good choose for rent a car with bitcoin because bitcoin price always have potential to higher, maybe you can ask for your car company available for rent car with payment using altcoin like doge or ethereum, its more benefit because both altcoin some time going down.

Well, to avoid any price increase/decrease issues you can simply fix the payment in USD and when the payment is made you can use a website like preev and pay in bitcoins whatever the price is right that time. I mean yes price may rise and fall but how does it even matter because you are paying the moment when you make payment.

But at the same time I feel that bitcoins can be cashed easily and why not just sell your bitcoins for fiat and then pay for it, I mean bitcoins payment is good having an option but it should be forced into the system where it is not required.

conected

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Quote from: metenjean on March 05, 2020, 09:56:39 PM

Not good choose for rent a car with bitcoin because bitcoin price always have potential to higher, maybe you can ask for your car company available for rent car with payment using altcoin like doge or ethereum, its more benefit because both altcoin some time going down.

- Bitcoin may rise higher, other altcoins will still have the same connection, so regardless of whether we choose to pay with bitcoin or altcoin for car hire, waste is the first minus point, cash is still a more stable option, paying with crypto can be interesting but this is only a reluctant choice in some situations, not a priority option. In addition, we should remember that we are trying to remain anonymous and avoid taxes through bitcoin, if we suddenly use bitcoin, our income may be investigated, some additional fines and taxes may occur

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 AM

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

not at the moment or even this whole year maybe?but of course in time i will be pleased using services paying with my Bitcoin.
maybe i just wanna enjoy my currency seeing growing about the value?

but if i have no choice like got out of fiat,then for sure i will consider if even now.

anyway i am planning to travel abroad and considering to use Bitcoin in place where the currency is adopted so maybe i can also rent a car having this.

metenjean

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Not good choose for rent a car with bitcoin because bitcoin price always have potential to higher, maybe you can ask for your car company available for rent car with payment using altcoin like doge or ethereum, its more benefit because both altcoin some time going down.

FaithInCrypto

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 AM

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

I think this is a good option, adding crypto and accepting Bitcoin as one of the modes of payments is good for crypto adaptation. Seems like the only way to make crypto known to everyone is through the efforts of the business owners in including Bitcoin as one of their accepted mode of payment.

GreatArkansas

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 AM

(...)
I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

It would be helpful for me, especially renting a car ahead of time. Like I can pay you first for reservation without going in your office to pay a visit and use my fiat to pay. Especially if using such cryptocurrency and just present the transaction code or any proof that you are the one who paid and will rent.

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 AM

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

This unique niche, cryptocurrency and tourism or travel services. The proof, there are several projects that choose this niche, one of them is Sheng Global. By combining services to meet entertainment, holidays, etc. with blockchain and cryptocurrency will offer an extraordinary experience and convenience, especially if traveling abroad, there is no need to bother thinking about currency exchange. I think this will be even more effective someday when bitcoin adoption becomes more widespread, and legality support from various countries. It takes time, but we must not miss it, evolution for a better life also requires a long time and process.
But the biggest problem is the high volatility of cryptocurrency, so sometimes it's quite unfortunate because it's more effective for investment, I think than for payments.

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I will not get involve if the market is downtrend in it price because this will amount to a bigger lose on my part when the price start gong up after which I have already make my deposits. Remember that this deposits will not be refunded back to the rental rather into the company account. Although, am not good in renting cars whenever I travel out of my country, even prefer to make my deposits with fiats to the company involved. Due to Bitcoin volatility, many companies will be afraid on integrating Bitcoin payment method to their existing ones.

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 AM

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

Hmmm

this is a good idea, but I don’t really know if I would be into making use of cryptocurrency (Bitcoin) in making a purchase, I have never used it before for buying anything, except transaction between me and business partners or friends. Maybe if the car rental company is offering a really good services and everything about them looks cool, then I might attempt to make use of Bitcoin in making for such.

There are lots of things I do consider as good services, and that’s doesn’t exclude their site and apps having a modern look and being fast, a good support and cheap rate.

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 AM

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

You have to make an avarage the tourist who like to rent your car. If there are a lot of tourist who use your service before then the payment who use bitcoin/altcoin can be considered. Because, they will come to your site first to see your service feature then if bitcoin is being used as a tool for payment system it may a good feature because most people will use it especially for deposite. But when the avarage of your tourist is small then I think you can use money fiat only as payment system.

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Quote from: Vaculin on March 05, 2020, 06:41:58 AM

I would do that as it's more safer compared to paying in cash, with the blockchain, the transaction can be track and both parties can verify so it's giving us real transparency that the service owner can't deny anything.

yeah, I guess this makes sense. If somehow you are just using a single wallet for your bitcoin and especially you are a traveler then used that kind of service then you are just like giving your crypto name and the anonymous thing offered by blockchain is simply broken. I don't know, I just think that it does make sense. With public blockchain anyone can track you especially web hunters. This is where the fiat currency edges the crypto although it is trendy and efficient. However there will be no problem for users that has a lot of e-wallet.

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