Starting today, some 375 taxi cabs in San Francisco will start playing the âWe use coinsâ Bitcoin-promoting video on their seatback monitors.
Unfortunately for Bitcoin fans, while the cabs will tout the digital currency, drivers will not accept it as payment for fares.
In addition, 75 out of the 375 taxis feature a still-image monitor as well as a video player facing passengers in the backseat. Bitcoin Forum member dadj said he was looking for local companies interested in advertising on the still-image monitors that they accept bitcoins as payment in their businesses.
Ironically, San Franciscoâs Yellow Cab Cooperative does accept payments using its own in-house payment system: the Yellow Travel Card. Unlike bitcoins, the Yellow Travel Card allows customers to limit their usersâ travel costs, cap trip numbers and designate whether trips were for business or personal use ⦠hardly the sort of information Bitcoin fans like to surrender.
Some Bitcoiners also questioned the effectiveness of showing the âWe use coinsâ video, as it focuses a lot of attention on how to mine â rather than spend or accept â bitcoins.
Redditor k2p acknowledged the video could do more to promote the concrete examples of Bitcoinâs benefits.
âWhat is Bitcoinâs most visual-friendly advantage?â he asked. âThe simplicity of money transfers. Imagine someone at a garage sale trying to accept credit cards. Imagine some girl scouts going door to door selling cookies trying to accept credit cards. Now, switch that over to Bitcoin. All they need is a smartphone. They donât need a driverâs license or credit history. Itâs just as simple as taking cash, except without the need to carry wads cash wherever you go or deal with change.â