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Author Topic: Would You Rent A Car With Bitcoin?  (Read 1127 times)
maydna
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March 05, 2020, 06:08:00 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.
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March 05, 2020, 06:14:44 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.

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March 05, 2020, 06:16:48 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.

.
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March 05, 2020, 06:29:50 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.

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March 05, 2020, 06:37:18 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

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March 05, 2020, 10:10:04 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  .
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March 05, 2020, 11:41:58 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.
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March 05, 2020, 11:55:07 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.









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March 05, 2020, 12:19:18 PM
 #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.
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March 05, 2020, 12:23:31 PM
 #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.

R


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March 05, 2020, 01:31:06 PM
 #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.

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March 05, 2020, 05:14:14 PM
 #32

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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March 05, 2020, 05:36:46 PM
 #33

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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March 05, 2020, 07:01:03 PM
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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 Undecided Undecided 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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March 05, 2020, 07:18:19 PM
 #35

 Cheesy 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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March 05, 2020, 09:16:50 PM
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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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March 06, 2020, 01:06:47 AM
 #37

(...)
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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March 06, 2020, 01:56:24 AM
 #38

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.

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March 06, 2020, 02:56:39 AM
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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.
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March 06, 2020, 03:10:31 AM
 #40

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.
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