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Topic: Would You Rent A Car With Bitcoin? - page 6. (Read 1223 times)

hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
March 04, 2020, 05:20:59 PM
#11
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.
sr. member
Activity: 868
Merit: 333
March 04, 2020, 09:18:06 AM
#10
I won't, I'd rather use fiat.
Based on my experience, they always asks for advance payment and keep asking for more later on. If bitcoin will be the mode of payment there are chances that you exceed on your budget fund. There are also instances that bitcoin suddenly drop and holders prefer to hold it, which is why I preferably want to use fiat over bitcoin when it comes to this.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
March 04, 2020, 08:36:13 AM
#9
It is an effective way that the business begins to have another vision, much more modern, clearer and also focused on technology, also if they implement it and see the good results it will cause a domino effect on others, and they will adopt the same system of payments, this will bring even more adoption.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
March 04, 2020, 08:34:42 AM
#8
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 would love to also when we are going to use it for quick transportation. Im looking forward too, when crypto will be incorporated on famous car service such as Grab, or Uber (Though Uber has been removed now in our Country). But for the sake of bitcoin potential value to rise, I think I'll conserved it and pay for fiat, but depends if they can fix rhe volatility of price rate. Since btc change quickly so its gonna be confusion on the service provider and customer.
legendary
Activity: 2758
Merit: 1228
March 04, 2020, 08:26:05 AM
#7
I would say it depend on where am I since if there's a chance to pay with bitcoins in some countries when traveling abroad then it's ok since it can minimize the hassle to pay up by exchanging their native currency but if I'm just on my local place then it's a now since I always prefer to pay on everything since I feel comfortable by using it.
hero member
Activity: 2660
Merit: 551
March 04, 2020, 08:14:10 AM
#6
Of course there could be some interest in we are going to pay or use our BTC. That's what we are all looking for right? bitcoin be adopted and used just like any currency. However, still depends on the price though, I would rather hold my bitcoin during a bull run, just saying.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
March 04, 2020, 08:04:26 AM
#5
Personally, it's going do depend on some few things. Though I personally very rarely rent cars, if I would rent one and if I knew this one car rental agency accepts bitcoin, I'd probably go with that one just for funsies. If I'd personally frequently rent cars, me paying with bitcoin vs fiat really depends on bitcoin's price at the time of the rental. If bitcoin's price are quite low,  I'd definitely use fiat.
full member
Activity: 519
Merit: 101
March 04, 2020, 07:56:44 AM
#4
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.
legendary
Activity: 2114
Merit: 1323
Bitcoin needs you!
March 04, 2020, 07:40:56 AM
#3
Not for me at least. When I rent abroad I'm paying through the local portal at home so there's no exchange rate hassle. 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.
Totally agree ! The rental companies always try to get something extra out of you - fuel , insurance, non existent damage . With crypto they will have to chase you and not just take the money automatically.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
March 04, 2020, 07:13:07 AM
#2
Not for me at least. When I rent abroad I'm paying through the local portal at home so there's no exchange rate hassle. 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.
newbie
Activity: 10
Merit: 0
March 04, 2020, 07:04:41 AM
#1
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?
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