When In Budapest, Take A Taxi, Pay In Bitcoin
As the ubiquity of Bitcoin continues to be used in a variety of innovative and interesting ways, often times we forget the convenience the payment system can provide for some of the basics. Well if the thought of a Bitcoin accepting taxi has ever crossed your mind, it does exist. In Hungary’s beautiful capital of Budapest, the company COinPAY has partnered with one of the cities leading taxi providers, Budapest Taxi, to run 580 active cabs with Bitcoin systems. The managing director of the taxi group, Csaba Horváth, says “We believe that we have to grab every opportunity that comes....
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One thing the Bitcoin ecosystem is always in need of is more use cases for consumers to conveniently spend digital currency. Even though there are plenty of merchants accepting Bitcoin in the online space, brick-and-mortar locations are a few steps behind. In Budapest, you can now pay your taxi rides with Bitcoin, creating a huge use case for the modern digital currency by affecting the daily lives of residents. Budapest Taxi is among the first public service companies in the country to experiment with Bitcoin.
When major companies such as Dell, Microsoft, and now Budapest Taxi start accepting Bitcoin payments, the popular digital currency gains a lot more credibility and legitimacy. As more and more people start to see the value of Bitcoin as a financial tool, adoption of the digital currency will thrive all over the world. Paying for everyday goods and services with Bitcoin has been a big struggle so far, but things are changing step by step. In Budapest, for example, you can soon use Bitcoin to pay for Budapest Taxi rides, thanks to a partnership with CoinPay. Bitcoin is all about....
Have you heard of Felix Weis who travelled the world for 18 months spending only Bitcoin? As challenging as it sounds, he managed to visit 50 cities in 27 countries. His experience also made me think about how such a trip would look like in my hometown, Budapest. As popular as Bitcoin has been recently, its widespread use in everyday life in Hungary is still a bit farther away. Despite the fact that our neighbours - Austria and Slovakia are ahead of us in terms of products and services that could be bought with Bitcoin, there are still quite a few businesses in Hungary which accept....
I requested information from the team behind Taxi coin, and the team was kind enough to answer my questions. However, when yours truly asked for a name to put in the article... I got "Chad B." very cloak and dagger!! Who is behind Taxi coin? "We are a group of like-minded people located in several countries around the world and have been growing the team and support since we launched. We are developers, producers, engineers, nerds, and citizens. We also all really love Crypto and Taxis! Why did you create a coin specifically for taxis?" It seemed like a natural fit to begin a coin that....
Actually, it is not surprising, when a new alternative coin is entering the stage. It might be based on a web meme, a famous person, be considered as a pump and dump scheme or have great financial ambitions as Bitcoin. The Taxi Coin presents a different approach; it would like to change the situation in the taxi and car hire industry. The group working on the new currency consists of many people around the world – among them are developers, engineers, plain enthusiasts and initial users contributing to the final success. The spokesperson that has already given some interviews provides a....