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Topic: Would You Rent A Car With Bitcoin? - page 5. (Read 1208 times)

sr. member
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March 05, 2020, 08:31:06 AM
#31
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 if you will be able to have a business then probably you can choose a mode of payment for your clients just like for example if you want to pay you as an cryptocurrency or digital currency then you must have a mode of payment just like that so that the client will be able to have a more hassle free different cases and also it would be really a features of your company because i believe that eventually after a years there would be a progress on cryptocurrency and maybe this will be the key where clients and employees with their half ways.
hero member
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March 05, 2020, 07:23:31 AM
#30
Renting a car?, yeah maybe if the current Bitcoin price is pretty high ($10,000). So, I could spend less Bitcoin than when the price is low.
I have tried renting out a car a couple of times, and both paid with fiat, since I'm afraid of using debit cards. So, why not Bitcoin right?

~snip~

Stop saying it is a waste. If everybody held their coins and did nothing with it,,, bought nothing with it. Then there would be absolutely zero use case other than for holding.

You know what happens in this case? No price, no demand, nothing.

Want proof? Look at 99% of altcoins.

Some investors don't fully understand how the market works to be able to achieve such value.
And some considered Bitcoin as a store of value rather than spending it and using it to increase the demand and improve the currency circulation.
It's so ironic, how people wants Bitcoin to increase it's value without doing anything other than hoarding.
hero member
Activity: 2128
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March 05, 2020, 07:19:18 AM
#29
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?
Some may think that it isn't effective but for those people who loved and always used to travel. Using cryptocurrencies as payment upon renting would make for them convenient since they don't need to convert their cash into local currency. However, only problem you would encounter is the time when market make a drastic movement.
For people who are knowledgeable enough to work with crypto payments, it won't be hard for them to adopt and for sure they will love using it as they don't need to bring cash inside their wallet. They can easily transact without having any problem as long as there's available crypto payment process to the
receiving parties.
More progress will be seen since bitcoin is getting much wider exposures, it's just need more deeper understanding from different businesses in order  to become available working with their respective systems.
sr. member
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March 05, 2020, 06:55:07 AM
#28
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?
if given no chance?yeah why not because i have Bitcoin in my Wallet so whats the problem?this will give me chance of spending my Bitcoin to circulate?
but if in have Fiat specially today or this year?when i am expecting the price of bitcoin will grow even more higher?
i will choose to use other option and don't take in my Bitcoin even a little part because  i have to wait first for at least this whole year.

I think is a revolutionary idea, you can use the blockchain to ensure the correct use of the car. I support the idea the rental car companies must develop new strategies.
yeah i believe in service section there is a TAXI SERVICE in Thailand that offers this service when you visit their country.
and having them are very great opportunity to prove the world whats the function of this cryptos.
hero member
Activity: 2940
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Winding down.
March 05, 2020, 06:41:58 AM
#27
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.
full member
Activity: 1638
Merit: 122
March 05, 2020, 05:10:04 AM
#26
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 have been keeping my Bitcoin for quite sometimes so i think i will pass using my Bitcoin just to pay a car when i can use my Fiat or credit card to pay for this?and Halving can happen couple of months from now and also market will Bull after that so i will just use my cards and pay after halving maybe to maximize my profit and prevent advance spending of my crypto.

for a btc holder they are buying btc for investing purpose only and not for spending   . if there are services that they like they can just use their cards or money but to some that buys btc for payment purpose because they want something that is revolutionary , they prolly try every service that accepts btc including on what we have here  .  for me  , i can say im hybrid investor  , seller  . i can sell my btc anytime if cash isnt available and i also love to rent a car so this service will fit me the most but the sad part is that there isnt service that accept btc at the moment on my place  , maybe in the future  .
hero member
Activity: 3150
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March 05, 2020, 01:37:18 AM
#25
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?

No,in my country the car rental business is not popular at all.
It's just too expensive and not convenient.I would rather buy a used car than rent one.
I don't know about using BTC and crypto payments.There's the never ending anticipation that the Bitcoin price might skyrocket,so I would really regret if I spend 0.01 BTC on something like a car rental,but after a few days the BTC price goes up and I lose potential profits.I would rather use cash,if I had to rent something
sr. member
Activity: 994
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March 05, 2020, 01:29:50 AM
#24
I could consider it depending on the situation,
Let's say I am in a foreign country and only have limited Fiat then I would rather pay up with BTC since I wouldn't be so sure if I could easily convert my crypto into their local currency and I wouldn't be so sure if other things could be paid with crypto like what if I got hungry and I don't have enough to buy food because I choose to pay with Fiat instead of crypto when I could use it.
hero member
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March 05, 2020, 01:16:48 AM
#23
It would be a total waste now to buy your Bitcoins with luxury and material things, especially when the halving event in nearing. Renting a car is also i think not beneficial because in the end it's only a limited time use, you'll have to return it eventually. When you can just go and commute, while you invest in cryptocurrency assets such as Bitcoin.
And when the time comes when bitcoin rally and hits ATH, you might be able to buy a car not rent it.

Stop saying it is a waste. If everybody held their coins and did nothing with it,,, bought nothing with it. Then there would be absolutely zero use case other than for holding.

You know what happens in this case? No price, no demand, nothing.

Want proof? Look at 99% of altcoins.
sr. member
Activity: 1176
Merit: 301
March 05, 2020, 01:14:44 AM
#22
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 it is not refundable when you rent a car with bitcoin. Right after I read this topic, I make a research and found this out https://www.e-zrentacar.com/blog/paying-for-your-car-rental-with-bitcoin/ .Yes I get the point of not bringing large amount of money on your pocket but I am still wondering what would I feel if bitcoin price rises. Of course I'll first regret because if I used fiat instead of crypto in that car rental, I already gain profit in my bitcoin.
The reason why most people wouldn't use crypto as a payment even if they could, Because of the price volatility the price of crypto could go up just like you had said.
This is also the reason why it isn't being used or accepted by other company.
I think they would only consider it if they have no other choice.
hero member
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March 05, 2020, 01:08:00 AM
#21
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 don't want to rent a car with bitcoin because in here, I can rent a car and pay with fiat. I don't want to use my bitcoin, which I can use fiat to buy something. Besides that, I don't find the services that accept bitcoin or crypto in here, so I still prefer to use fiat for that. People here are not many of them know about bitcoin, and my friends or people who know bitcoin would prefer to save their bitcoin or withdraw their bitcoin to fiat. But perhaps, we can use the other coins besides of using bitcoin because bitcoin is too worth to use for those things.
hero member
Activity: 1932
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March 04, 2020, 11:46:07 PM
#20
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?
If it will be possible in our area why not but I prefer using other currencies rather than bitcoin as I am concerned with the transaction fees because bitcoin is not that good to use in small payment compare to eth or xrp and etc.

This feature will be effective if the area have plenty of crypto users but if there are very few then it is not that effective. Crypto is very easy and simple to use therefore many will surely use a service that accepts this payment options if it is available in their area and I am one of them if in case there will be services here in our country that accepts crypto currencies as payment not only in car rents.
hero member
Activity: 3052
Merit: 651
March 04, 2020, 10:29:57 PM
#19
First problem is looking for it something that accepts crypto currencies.
I don't want to be stressed out just for that reason if there is another option that will be easier.

I support crypto but I also want to get real into not thinking too much.
I am lazy dude, just want to relax with every place that I will go. Who doesn't?
So, I would still prefer the easy way. Go to a car rental company and pay how it is supposed to be paid. If they have the other option for bitcoin then why not. As long as it is also a win for me.  Cheesy
sr. member
Activity: 1400
Merit: 269
March 04, 2020, 09:43:17 PM
#18
It would be a total waste now to buy your Bitcoins with luxury and material things, especially when the halving event in nearing. Renting a car is also i think not beneficial because in the end it's only a limited time use, you'll have to return it eventually. When you can just go and commute, while you invest in cryptocurrency assets such as Bitcoin.
And when the time comes when bitcoin rally and hits ATH, you might be able to buy a car not rent it.
sr. member
Activity: 728
Merit: 254
March 04, 2020, 09:24:44 PM
#17
Personally no. I'm just the type of person who don't travel much and I just think that it's not the best way of payment when you're going to rent a car for travel purposes. And when you have a car or someone in your family who has a car, I don't think you would even need to rent a car in other agencies. But as for others, maybe they would. It depends on their preferences. I just haven't tried it yet so I don't know how it works but of course someone would still want to try using Bitcoin for renting a car. Maybe if they have no other choice.
full member
Activity: 2520
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March 04, 2020, 08:53:44 PM
#16
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 may check also this thread as they are offering taxi service in Thailand accepting Bitcoin https://bitcointalksearch.org/topic/thailand-taxi-service-bitcoin-accepted-here-5190810 so if they
 can offer this then why not you?
about the question?of course i am happy using my Bitcoin for a car service
because in this i can spread the usage of Bitcoin and also
helping the circulation moving and not just for many to Hold.
and not just for car service i am planing to use also for booking my hotels if ever i am in vacation outside my city or country.
i am looking if Trivago will sooner let us use bitcoin in their Bookings.
legendary
Activity: 3528
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March 04, 2020, 07:45:38 PM
#15
Also in many a place you can't have a car without them taking a large deposit on a credit card so they can steal it off you later. Not sure how many rental places would want to give that up.
Mm, good point.  I've rented cars before as well, and they do indeed get a security deposit up front--and that's a smart practice IMO.  I don't necessarily think that would preclude bitcoin's use in renting a car, but it certainly would make it harder if a payment processor is used. 

In any case, I would not use bitcoin to rent a car, but that's just my bias against spending bitcoin when fiat can do the job just as well.  Why give up the potential of making a profit with bitcoin when you can spend fiat, which you'll never make a profit with?  If it came down to it, I'd pay for an Uber ride with bitcoin (assuming it didn't cost that much), but not for a car rental. 
hero member
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March 04, 2020, 06:55:40 PM
#14
.....recently found some global online travel agencies such as EasyRentCars start getting into crypto payments.
Well, yes. Especially In the US. They are such as Miami Exotic Car Rentals, Miraflores Rent a Car, CABS Car Hire South Africa, and others (can be found in http://spendbitcoins.com/places/c/car-rental/).
Mostly, the companies or car rentals that accept Bitcoin as one of the payments is the big companies in the city that legalize BTC as payment. but for some other countries, it may be very difficult to find, moreover, BTC is still not legalized as a payment method.

.....how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?
It will depend on the method of payment. Most of them may offer a fixed amount in USD first and then converting BTC into the fiat-based on the current rate. of, they offer the fixed BTC payment? Well, it will depend on how brave the company. However, if looking at the companies that accept BTC so far, they are mostly big companies and they are really smart to accept BTC or probably other trusted cryptocurrency as payment. For, it is one of the ways to follow the technology development and global era. More practice and easy enough.

I personally am interested in this kind of payment, it probably can increase the utility and use case of BTC or other cryptocurrencies. However, before using this crypto, I will prefer to consider and count on the rate of the BTC at the moment.
sr. member
Activity: 1190
Merit: 256
March 04, 2020, 06:25:33 PM
#13
I don't see this as much of a question to be asked again in this current time. An average bitcoiner would love to do everything with Bitcoin. There have been need of buying cars with Bitcoin. Me personally, would love that and even on the bigger side, an only crypto based vacation to any part of the world.
sr. member
Activity: 2506
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March 04, 2020, 05:42:23 PM
#12
I would love to but for special occasions like I don't have cash on hand. This is an effective feature but you don't have to remove the other payment methods that you're accepting. Have a test run if this is going to be an effective way to attract crypto users to pay the accepted crypto with your car company. Don't just accept any cryptocurrency but be specific with the most popular ones like bitcoin or Ethereum and you take the rest what the other alts that you think are good to accept.
I'm with you. I am only renting if there's a special occasion that I want a car for the expenses travel like with a family or friends going out on a specific place. I'm not gonna rent though by using Bitcoin, I will always use cash especially if I am in a different country. Using Bitcoin to pay for something is a little hassle to me when in other country, I would rather use the most convenient choice for me.
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