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Author Topic: Would You Rent A Car With Bitcoin?  (Read 1193 times)
conected
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March 06, 2020, 01:23:18 PM
 #41

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.
- Bitcoin may rise higher, other altcoins will still have the same connection, so regardless of whether we choose to pay with bitcoin or altcoin for car hire, waste is the first minus point, cash is still a more stable option, paying with crypto can be interesting but this is only a reluctant choice in some situations, not a priority option. In addition, we should remember that we are trying to remain anonymous and avoid taxes through bitcoin, if we suddenly use bitcoin, our income may be investigated, some additional fines and taxes may occur


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March 06, 2020, 02:53:05 PM
 #42

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.
Well, to avoid any price increase/decrease issues you can simply fix the payment in USD and when the payment is made you can use a website like preev and pay in bitcoins whatever the price is right that time. I mean yes price may rise and fall but how does it even matter because you are paying the moment when you make payment.

But at the same time I feel that bitcoins can be cashed easily and why not just sell your bitcoins for fiat and then pay for it, I mean bitcoins payment is good having an option but it should be forced into the system where it is not required.

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March 06, 2020, 04:20:13 PM
 #43

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.
This is indeed true if I would rent a car, I think it is better to use my on-hand cash (fiat) because there is a big possibility that the bitcoin you have used renting for that car can rise in terms of value, we cannot predict when but I can say that holding that bitcoin is really a right decision to make since we are waiting for the important halving that will happen this year, we are not sure that after the halving the market and the bitcoin itself will bull run in value but I think that's gonna happen because the last two halvings of bitcoin did make a big impact to the price of it and in the market itself, I can't for that to happen. I recommend to everyone that you should hold the bitcoin or any tokens that you are saving for a long time. You are using that car in just a small-time, but you will regret the decision if you really rent a car using your bitcoin.

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March 06, 2020, 05:42:38 PM
 #44

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.

Comes a time when you need to start living and not just hoard. Of course the price may be higher in future but I'd happily spend it on enjoyable things as long as I had enough of it elsewhere.

And alts, whatever their merits or lack thereof, usually do waaay better than BTC during explosions. I got rid of some shitcoins to buy a VR headset. Less than two months later that had turned into a $10,000 headset. And it was crap.
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March 06, 2020, 07:52:39 PM
 #45

I would love to hear this kind of services to be available sooner, but it's not that easy to incorporate this ways of payment transaction.
The problem is only with those who haven't been oriented by this kind system. It needs a lot of time in order to educate people so that they'll able to acquire knowledge of usinf cryptocurrency for different purposes as well as renting a car using bitcoin.
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March 06, 2020, 08:56:39 PM
 #46

For me it is a good idea to rent a car with a bitcoin payment. Because I am really looking for a travel agency provides payment features
with cryptocurrency. That way makes it easier for me when vacationing abroad do not need to use fiat currency. I only need to use a mobile
phone to make bitcoin transactions. Hopefully there will be more travel agencies who accept payments with bitcoin, that way will make
the development of bitcoin also more rapidly.

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March 06, 2020, 09:48:28 PM
 #47

For now I think there are still many users who will make bitcoin only for an asset in the sense, they would prefer to hold it when compared to using it. But for me personally it will obviously be using bitcoin because after all, I have used bitcoin for payments in the past until there was a new regulation in my country that made everything change. So, payment options using crypto are more effective or not, I personally think if the feature will be more effective.

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March 06, 2020, 10:02:20 PM
 #48

For me it is a good idea to rent a car with a bitcoin payment. Because I am really looking for a travel agency provides payment features
with cryptocurrency. That way makes it easier for me when vacationing abroad do not need to use fiat currency. I only need to use a mobile
phone to make bitcoin transactions. Hopefully there will be more travel agencies who accept payments with bitcoin, that way will make
the development of bitcoin also more rapidly.

This feature is actually good for travellers who don't want to bring a large amount of cash as there is a certain limit that you can carry in and out of the country. So if you can convert your money into bitcoin or other alts that will be accepted in that country where you are travelling, that would be your advantage. Anyway, you still need to convert your money to the local fiat of where you travel so it is like you are also converting your money to crypto, and this might incur lesser fees.
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March 06, 2020, 10:04:31 PM
 #49

If there’s a good option like this then why not, beside this is the purpose of bitcoin and we should not just hold bitcoin, sometimes its better to use it and enjoy it. I do rent a car for some business rides before so I think I will use this feature one day if its already available in my place.

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March 06, 2020, 11:26:04 PM
 #50

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?
In order to make ends meet, and my daily services prefer fiat, I only use cryptocurrency for trading and investing. Another factor is the limited use of cryptocurrency in my country, which may not be used as a means of payment, so there are almost no service providers and sellers that offer alternative payments with cryptocurrency, except for certain communities. Moreover, cryptocurrency is more effectively used as an investment tool, this is related to high volatility so it is not suitable as a means of payment.

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March 06, 2020, 11:59:40 PM
 #51

If there’s a good option like this then why not, beside this is the purpose of bitcoin and we should not just hold bitcoin, sometimes its better to use it and enjoy it. I do rent a car for some business rides before so I think I will use this feature one day if its already available in my place.
Same here why wont accept it if adoption is already taking place?

As long it do concerns about payments and being considered with traditional businesses then its already counted for a good one.Of course i would much prefer on having this option
rather than on seeing fiat alone.

The question is, would these business owners will consider it out?

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March 07, 2020, 12:00:35 AM
 #52

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.

Technically this argument would hold if you're purchasing basically anything, yet, it's because we can exchange it back and forth for goods what give it part of its value. With that said, I also wouldn't, and it might be a ill reason but hey, a year ago I bought a plane ticket with bitcoin, everything was fine up until I realized they fucked up and gave me a wrong date (I had proof of when I made the payment, the date shown was the correct one while on my ticket it was a full day later), had to call in and getting support from a not so popular agency is no fun and no bueno. After a few hours I managed to get it sorted out and got the correct tickets at no extra cost. Just saying, keep in mind that these new companies might not have the same support infrastructure you might be used to.
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March 07, 2020, 12:16:33 AM
Last edit: March 07, 2020, 12:40:57 AM by pixie85
 #53

If there’s a good option like this then why not, beside this is the purpose of bitcoin and we should not just hold bitcoin, sometimes its better to use it and enjoy it. I do rent a car for some business rides before so I think I will use this feature one day if its already available in my place.

For me it's always a better idea to spend fiat and hold Bitcoin but I also see the point in spending bitcoin to increase adoption. Spending Bitcoin to raise awareness is a bit like charity work.

Allowing people to rent cars for bitcoin is a great choice because it allows people who want to travel with bitcoin to have more freedom. It also has some cons because you have to leave a deposit and this usually gets returned to you when you bring the car back undamaged so this forces the rental company to have 2 transactions for each client. Waiting for 2 transactions to confirm for each client could be a pain without lightning payments.
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March 07, 2020, 12:42:30 AM
 #54

I'd prefer to actually wait until I can buy a car without renting them. I mean, do you know that it costs you more if you rent a car? I would rather wait instead of paying more just because I want to own it. It againsts my religion to actually rent something that cost you more.

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March 07, 2020, 05:30:06 AM
 #55

I'd love to see some companies that accepts Bitcoin or other crypto when it comes to renting a car but I don't think that Bitcoin holders are likely to use their Bitcoin to rent a car.

Although there are some who agree, there will be some who are against this kind of idea for some reasons. For me, I would love too use Bitcoin for renting a car but at this moment I don't have any interest in cars so renting a car right now is not in my mind.

 
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March 07, 2020, 07:24:33 AM
 #56

I'd love to see some companies that accepts Bitcoin or other crypto when it comes to renting a car but I don't think that Bitcoin holders are likely to use their Bitcoin to rent a car.

Although there are some who agree, there will be some who are against this kind of idea for some reasons. For me, I would love too use Bitcoin for renting a car but at this moment I don't have any interest in cars so renting a car right now is not in my mind.

Today there are a lot of transaction uses with the cryptocurrency and it is now widely spreading and get a lot of market profit by the help of the crypto, some of the people today use this to make more earnings and some of them use for their businesses and one of the good adaptation of the use of cryptocurrency is the acceptance from the different countries like the china and south Korea that huge country now support the use of bitcoin to use as a transaction money. Still, there are some countries does not accept the use of it because they are still doubting about the effects and the security of the transaction of funds, we can now bought foods, other kinds of stuff and pay for bills with the use of bitcoin but the market price of it is not fixed as we know and it is risky to use because it is volatile and decentralized too.

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March 07, 2020, 07:30:36 AM
 #57

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.

People have different opinions regarding the issue of the price because when you think like that, you can not really use bitcoin as a means of payment. the moment you are about to pay some bills, you're thinking about its price in the next hours or days. Well, it's not gonna work that way though. the idea behind bitcoin is to become the means of payment in the world whatever industries you have out there. the moment you gonna pay with it, don't think of its price in the next day because tomorrow is another thing than today. it's always not the same when you paid with it there are two possible scenarios, the price will gonna rise or it will fall at some point.

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March 07, 2020, 08:24:02 AM
 #58

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 you live in the country that accepting crypto, then that would be an effective way to introduce crypto to the public in your country because they will curious and will ask you what is crypto. While you explain to them about crypto, you can also suggest them to use crypto to try your service, and I think that will give another experience to them to pay using crypto. Maybe you will attract more people to come to your office and rent your cars using crypto too so that you can help crypto grows in your country.

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March 07, 2020, 09:37:54 AM
 #59

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?
Absolutely yes this will be an effective feature of a company or car industry because the clients or customers will be able to have in choices on what day want to pick in terms of mode of payment because as we all know there are some companies that are willing to purchase or rent a car that the payment will be on cryptocurrency mode so if that's the case then it will be an effective feature there's an additional payment selection on the side of the clients or customers.



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March 07, 2020, 05:54:53 PM
 #60

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 would be useful for me. I would love to rent a car in oversea nations with cryptos as a mean of payment. This would also be great for travelers who have to travel various nations for business relations. I would also love if any such projects is launched in my own country as well as each time is might not be possible for me to travel in my own car to various places located.

Moreover, I would love to drive new and advanced cars which would be listed on any such platform. I would personally rent a Car with bitcoin, so this would be my answer to your subject. Bitcoins should be used in such major cases which would increase the use case and it might also indirectly affect in the price growth.
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