Increasing acceptance level - Cryptocurrency

[breathlessz]

Good idea, but for me too often you take a transport car and pay with crypto what is excessive while the fiat money in your pocket is spent on more expensive goods. For me it's not a problem, but how about paying with fiat directly it's easier for you to put it next to the driver and leave.

Indeed, it was easier to pay fiat money directly than to pay with crypto. It's a hassle to pay with crypto when you are riding on a car or bus or any transport because you need to make transactions everytime you pay and you need to have internet connection everytime you ride. Then, everytime you made a transaction there is a high transaction fee which is not good, I think.

Cash is of course the best transaction because it doesn't need to wait, of course crypto has a lot of problems when used like fiat, it's a strange thing when the transaction then the balance is lost because it gets hacked, because the private key is also prone to being hacked.

when viewed with cash there is also a weak point, where there are counterfeit currencies too, and this will not be found in cryptocurrencies. but indeed for now cash is the most relevant means of payment, but we will not know what will happen in the future, because the development of the digital world seems to continue to increase and later if it is judged to be more profitable then anything can happen

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[worle1bm]

When such people who are daily workers and don't belong to filthy rich class starts accepting bitcoin and crypto payments then mark it that it is going to soon used by all.They are people who fears volatility and fees could take major portion of the the total fare and they could end up with less amount and have to maintain the wallets and backup keys for the same.But yes they are doing it because educated ones want profits and know it is future of payments and are already making their move to accept it.Good to see that images.

[Dhaniii]

I can see at a glance that the photo attached is a little unclear. That's the transportation used which is generally used by local not foreign transportation, at least he uses We accept cryptocurrency in Hindi not English unless he aims at foreigners so he uses English. so I'm a little doubtful and don't believe that they accept cryptocurrency as a means of transportation payment.

[Jercyhora2]

It's good and all but certainly not something that is economically feasible, unless we're using cryptocurrencies with low transfer fees and are also fast to confirm.

Great to see that the common folk are seeing cryptocurrencies in a different way. Perhaps a lot of them are thinking that cryptocurrencies are get-rich-quick vehicles due to other people's testimonials, but we couldn't blame them though if they are living in awful conditions.

This was exactly I thinking about, it will be hard to pay passenger vehicle like that. Depends on what crypto they accept, maybe using xrp it be more cheaper transaction fee and fast payment. But if using bitcoin, I think it's not very good idea. Because the transaction fees are changing from time to time. Or even using ETH as payment, maybe it'll end up paying expensive fees for cheap transportion service.

[Kittygalore]

I can see at a glance that the photo attached is a little unclear. That's the transportation used which is generally used by local not foreign transportation, at least he uses We accept cryptocurrency in Hindi not English unless he aims at foreigners so he uses English. so I'm a little doubtful and don't believe that they accept cryptocurrency as a means of transportation payment.

Why the hell would that driver put that sign if he doesn't accept cryptocurrency, what logic is that? Even if it's not in Hindi, pretty sure that a lot of Indians can understand those simple sentence and if not, people can always ask what's in the sign. Although, it still depends on the crypto their accepting, there's a lot of it and I am sure that not a lot of people will pay in crypto for transportation.

[ShowOff]

I can see at a glance that the photo attached is a little unclear. That's the transportation used which is generally used by local not foreign transportation, at least he uses We accept cryptocurrency in Hindi not English unless he aims at foreigners so he uses English. so I'm a little doubtful and don't believe that they accept cryptocurrency as a means of transportation payment.

How difficult is English for local people to understand from public transport? The word “we accept cryptocurrency” is almost recognizable by 90 out of 100 people I think now if placed on public transport. But not to say that your guess is wrong, but the second most likely reason you have answered yourself. So keep thinking positive.

unless he aims at foreigners so he uses English