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Author Topic: Would You Rent A Car With Bitcoin?  (Read 1122 times)
omidsha
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April 06, 2020, 10:36:45 AM
 #101

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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GDragon
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April 06, 2020, 12:36:19 PM
 #102

It depends, I would if it is cheaper during the time of payment. I think that's the exact answer. People nowadays are smart when it comes to money. We are all walking calculators. When I encounter shops who accepts bitcoin, I will automatically think if its better with fiat or bitcoin. I will always choose what's cheaper. That's normal. For now, there is so much to think about when using bitcoin.

We have to support the start of bitcoin currency but we can't deny that we will always choose what's best for us. Well, I hope there will be the time where bitcoin will always be the right choice, not for now.

darewaller
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April 07, 2020, 05:36:35 AM
 #103

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?
Any business that wants to be successful shouldn’t just be accepting cryptocurrency as a payment method, because there might be people who may want to make use of their services but due to they don’t make use of cryptocurrency they will not make use of the company.

But, if the car renting company is accepting several payment methods and also accepting Bitcoin and then letting their customers to know that they are accepting Bitcoin, as time goes on some of the customers might be interested in trying out Bitcoin. So don’t just accept on Bitcoin, accept other payment methods as well, and the most important thing is the kind of services you’re offering, if it’s excellent, then you will get lots of customers.
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April 07, 2020, 08:44:45 AM
 #104

I don't use cryptocurrencies in my daily life, so it's unlikely.
FanatMonet
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April 07, 2020, 11:19:24 AM
 #105

I do not have rights for the car, and indeed for any means that require them. But if I had such an opportunity, I would consider it, but at the same time, when paying with cryptocurrencies, I would use it only on condition that I would be entitled to a discount or some bonuses. Cash would be easier for me.

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Twentyonepaylots
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April 07, 2020, 11:41:10 AM
 #106

I do not have rights for the car, and indeed for any means that require them. But if I had such an opportunity, I would consider it, but at the same time, when paying with cryptocurrencies, I would use it only on condition that I would be entitled to a discount or some bonuses. Cash would be easier for me.
Cash would be a lot easier, indeed. Paying with cryptocurrencies still bother me, it makes me think that I would regret it in a sense that it may go higher than the price I spend it. I can't help to think that way since cryptocurrencies are volatile especially bitcoin but I would be very glad if I found a car rental shop that's accepting bitcoin as payment, it means that the bitcoin is being recognized by the merchants however it might not that be a trend since people are storing bitcoins as an investment and acts a emergency button.
Bitcoinislife09
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April 07, 2020, 12:40:34 PM
 #107

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.

For me it is not essential to rent a car with bitcoin because in renting a car with bitcoin there is a possibility that your money will be scammed. There are companies that are offering renting a car with bitcoin but there are also not legit companies that is why we need to be careful in making decisions when it comea to bitcoin because our money may come into vain. There are establishments that are already accepting bitcoin as their mode of payment such as starbucks and other storea for good we can use our bitcoin in it insetad. We must use our bitcoin carefully so that we will not be scammed.
htsy585
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April 07, 2020, 10:53:22 PM
 #108

Cash would be a lot easier, indeed. Paying with cryptocurrencies still bother me, it makes me think that I would regret it in a sense that it may go higher than the price I spend it. I can't help to think that way since cryptocurrencies are volatile especially bitcoin but I would be very glad if I found a car rental shop that's accepting bitcoin as payment, it means that the bitcoin is being recognized by the merchants however it might not that be a trend since people are storing bitcoins as an investment and acts a emergency button.

No doubt, using cash and FIATS will be lots easier when performing such basic transactions but i can't help but commemd the various effort of those involved in creating suitable plugins and API's that will enable merchants incorporate bitcoin as a payment option. It's part of a way of creating real life value for bitcoin and I'd say it's an amazing moves towards pushing the use of bitcoin to mass adoption. Afterall,  such functions are why the whole the whole cryptocurrency was created; a digitized financial institution
FanatMonet
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April 07, 2020, 11:07:24 PM
 #109

I do not have rights for the car, and indeed for any means that require them. But if I had such an opportunity, I would consider it, but at the same time, when paying with cryptocurrencies, I would use it only on condition that I would be entitled to a discount or some bonuses. Cash would be easier for me.
Cash would be a lot easier, indeed. Paying with cryptocurrencies still bother me, it makes me think that I would regret it in a sense that it may go higher than the price I spend it. I can't help to think that way since cryptocurrencies are volatile especially bitcoin but I would be very glad if I found a car rental shop that's accepting bitcoin as payment, it means that the bitcoin is being recognized by the merchants however it might not that be a trend since people are storing bitcoins as an investment and acts a emergency button.
For me personally, the main problem here is even the don't expectation that Bitcoin will grow and I will spend more in the future than I could, namely, that I will have to spend much more time to pay with cryptocurrencies than with cash,and I will also spend more from for commission.

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itsxHanan
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April 08, 2020, 07:11:00 PM
 #110

Agree on you becaues renting on a crypto currency makes you simple to exchange goods and money and services in elctronic currency.
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April 08, 2020, 07:27:07 PM
 #111

Actually, why not? Using Bitcoin for rent a car or for payment of any other goods or services what difference does it make? I often use Bitcoin as a payment method but of course everything depends on merchants conditions. Bitcoin should be used a currency in the real life that is my opinion and I try to do that in practice. That is also one of the ways how to spread awareness of Bitcoin and cryptocurrencies.

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