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Author Topic: BTC for taxi  (Read 3230 times)
Ewox
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October 05, 2017, 02:38:03 PM
 #81

I really think it is a great idea to circulate the usage of Bitcoin, and paying taxis using Bitcoin would also be a great idea in the future. Although saving it would also be one great idea for the future also of our kids because as we all know the value or price of Bitcoin does keep on increasing almost every year.
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October 05, 2017, 02:38:20 PM
 #82

There are many things that need to be upgraded, and considered before small payments through BTC payments, We all know that BTC has a high cost for excellent and bad deals for small and inexpensive payouts. And also other issues that will arise both parties and the time it takes to credit Bitcoin into your account. Unlike credit cards (when comparing with digital), this will be real. I have never found a payment about a taxi, it would be a very interesting idea, by making a payment using Bitcoin or special altcoin will add to the progress of cryptocurrency, hopefully all materialized.
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October 05, 2017, 02:48:22 PM
 #83

for the time being in my city still no one is implementing payments using bitcoin for taxi, most still use cash to pay taxi, maybe in the future it can be done in my city. because bitcoin still rarely use it for payment. most of them only use bitcoin for investment.
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October 05, 2017, 03:14:47 PM
 #84

I can relate with you I use taxi pretty much everyday and now they have started accepting e-wallets in my region, I hope they add Bitcoin as a payment option soon confirmation time might be a problem here though.

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October 05, 2017, 03:20:29 PM
 #85

I can relate with you I use taxi pretty much everyday and now they have started accepting e-wallets in my region, I hope they add Bitcoin as a payment option soon confirmation time might be a problem here though.

Good thing if bitcoin will be accepted as payment for taxi.  It will increase bitcoin user because it will be like promoting bitcoin.  Though, it would look like a good thing and will bring convenience to people, I would not use my bitcoin just to pay my fare on taxi.  I will just keep them and save.
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October 05, 2017, 03:23:57 PM
 #86

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

Well I think its not , is in it the we have to open wifi go to your respective account and transfer your payment to them are all hassle?instead having a paper money that you can easily used to pay them and the vulnerability to be robbed is lesser than what the latter one? Cause simply its ironic that we can just give it ao why implementing a tech-to-tech medium of payment? I think this is not a good idea specoficalky if you are riding a taxi alone.

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October 05, 2017, 03:27:57 PM
 #87

That's a good idea. And when this happens the bitcoins are more familiar and many people will have knowledge of bitcoins. In fact, Not to mention there is an ICO and their concept has become the option of paying for taxis. So many companies have adopted crypto.  Because they believe the crypto has a good effect on our daily lives
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October 05, 2017, 03:34:05 PM
 #88

Taxi driver will not wait for BTC confirmation, it can take up to one hour and more. Plus Taxi car must be equiped with fast instant Internet, which costs some money and is not available everywhere. Plus in some countries Internet in the cars is not available due to low quality Internet, like in Africa, India, Pakistan etc. So Internet in Taxi is Bitcoin future.
Have you sent any transaction lately? I usually have a confirmation within 10 min. Sometimes even faster. My last transaction had a confirmation in just 2 or 3 minutes.
It's actually easy to create a service that holds your coins and vouches for the confirmation in your name. Many fiat payment systems are based on this. The money doesn't get to you instantly, but a third party confirms the transaction so you know it's all good.

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October 05, 2017, 03:36:33 PM
 #89

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.
Yes as a commuter i would like to see bitcoin in taxi that is a paying material, there is no hustle in paying because in using bitcoin its fast and easy.
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October 05, 2017, 03:37:59 PM
 #90

First, your country should accept bitcoin, I mean bitcoin should be legal in your country. Secondly, the taxi company must be willing to accept payment via bitcoin. Because if your country has legalized bitcoin, you still can not pay a taxi with bitcoin if the taxi company does not want to receive payments via bitcoin.


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CriptoCreater
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October 05, 2017, 03:44:01 PM
 #91

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

I think that this is the same situation as with other spheres of business. Now there are no normal working conditions for bitcoin in many countries. As far as I know, now there is no system for quick and easy payment in bitcoin.
bitblackred
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October 05, 2017, 07:32:06 PM
 #92

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

I heard uber was considering the use of bitcoin, but I'm not sure. I don't really think it will work in a near future though because the fees are still to high, so paying a taxi, that normally is already expensive, will become even more expensive because you will be paying fees for the transaction. It would be much better for users to just pay with fiat.
For me, Bitcoin is not the cryptocurrency that will solve this problem. Because as of now, bitcoin is used as investment or something like stocks and its too volatile to use as daily transaction. I suggest another altcoin or token, the advantages are to promote their business and win customer's loyalty by giving them incentives who use tokens. It is proven in some services and I believe, it will be effective in transportation section.

bitcoins have acheive so much popularety that now a days a taxi is also accepting the bitcoins because they know that bitcoins are more valuable then cash money in cash form could be riskey but but if your money is in the form of bitcoin then you should not be worried.
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October 05, 2017, 07:35:06 PM
 #93

Have you heard of CarTaxi? That is a startup which is going to be like the Uber of car towing.

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October 05, 2017, 07:39:58 PM
 #94

Have you heard of CarTaxi? That is a startup which is going to be like the Uber of car towing.

Fortunately, they had the good sense to use anything else BUT BTC for this. I'll explain. If we are waiting for initial confirms (not required anymore but it is best practice), unless the customer has already deposited an amount of btc before you charge them you will have to wait for them to pay you. Even if your address is already out and displayed, its going to take the average person 3-5 minutes to provision a transaction. You are looking at another 10-15 minutes for that initial confirmation. and if the funds need to be refunded, you will have a hell of a time trying to track down the cabbie.

You need a low fee, fast confirming coin for merchant functions in person. Bitcoin is no longer than by any means.
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October 07, 2017, 01:35:28 AM
 #95

Nice thought.It will reflect if they implement.I hope one day uber and ola will use bitcoin for payments.That would be easy anywhere and anytime, if we run of cash. Actually there is a project called CARTAXI which is a uber of blockchain.Now ICO is running, you can invest in it.As you said you love taxi that accepts bitcoin as payment, this cartaxi is having their service in three different cities initially.

Obviously you don't know what you are promoting and giving false information to the people. It's clearly stated on your signature and I have read the website. CarTaxi is UBER LIKE FOR CAR TOWING SERVICES It's not for Taxi or Uber LITERALLY. This topic isn't related with CarTaxi project. Check your facts.
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October 07, 2017, 01:58:49 AM
 #96

Well if you are saying taxi, the taxi that you picked by waving your hands then no. It is not practical for conventional taxi because of the wait time of Bitcoin transaction. But if you are referring to the online taxi's like Uber, Lyft, Grab, Didi Chuxing, etc, then maybe those provider may take the risk of unconfirmed transactions.

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October 07, 2017, 03:39:24 AM
 #97

I would love to use bit coin as means of paying my taxi fare but just like what others say it would depend on what country are you in... But a cashles taxi fare would be amazing...
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October 07, 2017, 03:47:05 AM
 #98

on thinking about it, a token would be the best solution for this. it wouldnt be a terrible expectation for riders to have purchased the token already if the are expecting to use the service. they could load the tokens in a wallet; the wallet could tell the driver how far they can go on the token balance they have.

tokens would lock for the duration of the ride; and the amount could be debited from the balance automatically when the door opens, after the user approves the transaction (and possible leaves a tip). this should all be off chain, and this would look best on the ethereum network, given the functionality/speed/cost.

solves the confirmation delay Smiley if you did this with tokens on the bitcoin network, you would rage throw your phone out of the taxi window Wink
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October 07, 2017, 03:56:09 AM
 #99

Bitcoin for taxis is a good idea, if all the fields accept bitcoin as a means of transaction it is very convenient for bitcoin holders and entrepreneurs and merchants. But it will be difficult to do in countries that still have not legalized bitcoin.
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October 07, 2017, 04:08:14 AM
 #100

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.
it's very good, maybe if it's true that a taxi receives on bitcoin pay I believe it will make it easier for Bitcoin owners to travel and taxi drivers will get rich easily. if there is one then I will be a taxi driver who only accepts Bitcoin pay.
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