Budapest gets bitcoin taxis

[the_poet]

Will other major cities follow?

http://www.euronews.com/2016/02/11/budapest-gets-bitcoin-taxis/

[Blind Legs Parker]

Hehe that's in line with my ideas to get bitcoin buses. Paying with bitcoins is definitely great for the company as well as for the customer, in these fields.

[virtualdn]

That's a good thing about BTC, as will be introduced to more tourists.

[Denker]

That's cool.
Great to see Bitcoin getting accepted more and more. I would like to know how much taxis this provider is owning.It was just written that it's one of the bigger providers in the city.


Another short article outside Bitcoin related websites.
http://bbj.hu/budapest/budapest-taxi-teams-up-with-coinpay-to-accept-bitcoin_111355

[amacar2]

Now atleast some of the common people will search about bitcoin when they see this taxis for first time. Good news for growth of bitcoin.

[numismatist]

Will other major cities follow?

http://www.euronews.com/2016/02/11/budapest-gets-bitcoin-taxis/

Depends upon their perimeter size, or traffic density.
Any city that requires at least one Blocktime (10 minutes) for most of all travel distances suits 

[NorrisK]

If I understood this correctly the taxis are not really bitcoin taxis but only officially accept bitcoin through coinpay services.

Would've been much nicer if they actually accepted bitcoin in its bitcoin form instead of trading it for fiat right away again.

Good thing ofcourse is the added exposure that this gives!

[elloco4ever]

Now atleast some of the common people will search about bitcoin when they see this taxis for first time. Good news for growth of bitcoin.

This is one of the best thing happened to bitcoin till now, bitcoin's value will increase with leap and bounce now

[the_poet]

Don't forget that Budapest is an important tourist destination, apart from being one of Europe's largest cities, so we shouldn't underestimate the daily exposure for Bitcoin.

[Herbert2020]

this is a very interesting news, and every news about a new way of spending bitcoin sound awesome to me.

but i am more interested to know the result of it in a while (like a month) to see how many people have used it, how much problems did they have (like with confirmation time), did anybody double spend?

[robelneo]

Will other major cities follow?

http://www.euronews.com/2016/02/11/budapest-gets-bitcoin-taxis/

Hungary sure has an aopen minded mind on bitcoin technology,but I'm sure as the technology evolve we will be seein gmore and more cities following budapest leads I'm sure not only taxiz but also restaurants hotels on major parts of the world

[arbitrage]

This is good from standpoint acceptance!
But i will probably will use cash for taxi. Bitcoin is my investment.

[traderbit]

Will other major cities follow?

http://www.euronews.com/2016/02/11/budapest-gets-bitcoin-taxis/

What a great news, will the taxi driver wait for one or three transaction confirmation , other countries should follow this idea.

[Blind Legs Parker]

Yeah I'd like to know how they handle confirmation times too. Do customers need to leave some ID or something in case the transaction gets cancelled?

[traderbit]

Yeah I'd like to know how they handle confirmation times too. Do customers need to leave some ID or something in case the transaction gets cancelled?

If the taxi driver has any hidden camera in his car then i don't think it's needed any ID, i was wondering what will happen if the transaction gets stucked with low-zero fee.

[aakashsangwan]

This is very good news that business peoples are accepting bitcoin as payment option, but this can also be happened only by the help of the government , until government accepts bitcoin in the law till then more business people wont come out. for that like Budapest other country should also accept Bitcoin then only common people will come forward and accept bitcoin.

[--Encrypted--]

Yeah I'd like to know how they handle confirmation times too. Do customers need to leave some ID or something in case the transaction gets cancelled?

If the taxi driver has any hidden camera in his car then i don't think it's needed any ID, i was wondering what will happen if the transaction gets stucked with low-zero fee.

I think the idea is to have the customers register on thecoinpay.com then pay from there.

[trickshot22]

oh its nice to see that more and more companies are starting to accept it more and more, i hope that more cities will do that

[twister]

I saw this yesterday and think its great, no problems of change, you can pay exactly as much as your fare is and/or add a little extra as tips for drivers.

Another plus for drivers is they don't have to worry about getting robbed, which they do with cash sometimes. Can't steal Bitcoin sitting safe in a wallet somewhere else.

[rich93]

Yeah I'd like to know how they handle confirmation times too. Do customers need to leave some ID or something in case the transaction gets cancelled?

If the taxi driver has any hidden camera in his car then i don't think it's needed any ID, i was wondering what will happen if the transaction gets stucked with low-zero fee.

I think the idea is to have the customers register on thecoinpay.com then pay from there.

That forces you to use one particular taxi service if you want to pay with Bitcoins through an intermediary. I often find a taxi doesn't show up and have to ring a competitor's service to hire one. I wouldn't want to be forced to stand waiting in the freezing cold for hours waiting for one particular company's taxi to show up when it's very busy. It would be better if any taxi company accepted Bitcoins directly, but it's early days.