Using Crypto at Gas Stations

[darexgeorgieviya04]

It's 2020, yet crypto and Blockchain technology are still in their infancy. The introduction of smart contracts (via the Ethereum blockchain) to the mainstream world, has opened up a plethora of possibilities that were never imagined. Many companies have launched their own tokens via ICOs, IEOs, and even STOs. On the hand, stablecoins have been the hottest trend within the crypto space as they provide the convenience of Fiat with the security of the Blockchain.

Now, imagine if a mainstream company creates a Blockchain token that could be used at Gas Stations worldwide? This would definitely increase adoption of crypto and Blockchain tech within the mainstream world like never before. After all, paying for gas is a necessity these days for transportation. This, coupled up with self-serve, could be quite revolutionary. I'd imagine people driving to a gas station and paying with crypto from their phone in their own car to get their gas tank filled automatically. This hasn't been implemented yet, but it would be cool to see it happen someday.

What are your thoughts?

[sashavich04]

Isn't it dangerous if the transaction signal queue can trigger the gas to overflow and become a fire? unless previously ordered with the application system in advance. if they don't use stable coins, many will be confused by the ever changing rates. On the other hand, it might be effective if applied at electric vehicle stations.

[Mr. Cid]

I read an article that one of the Asian countries accepts Bitcoin at gas stations. Anyone can clarify this?

[AbdulShiek]

I read an article that one of the Asian countries accepts Bitcoin at gas stations. Anyone can clarify this?

That could be true. Remember, we are now in an era of innovation. Some countries are trying to emerge into digital world.

[Mr. Cid]

That could be true. Remember, we are now in an era of innovation. Some countries are trying to emerge into digital world.

Yeah, it could be. Nowadays, everything is possible. I wish we had that mode of payment in our country so I can use mine for Gasoline expenses.

[PALM]

I agree on the above post it's not safe to buy gas with while online in your phone when paying crypto on the gas station.

Maybe if they can develop a crypto that can be send offline maybe it will be fine but if it needs internet it is not safe.
Remember gas station always have caution and phone should be always in airplain mode when using it near gas station.

[Newbie_trader]

I agree on the above post it's not safe to buy gas with while online in your phone when paying crypto on the gas station.

Maybe if they can develop a crypto that can be send offline maybe it will be fine but if it needs internet it is not safe.
Remember gas station always have caution and phone should be always in airplain mode when using it near gas station.

That's the disadvantage of living in an online world. Everything is at risk. However, we could avoid things that would put us at risk. For instance, we have to avoid using Public WiFi.

[Alexthedefender04]

i guess, it's already planned by people there. but the fact, its still hard to be realized.
many many problem to make it true, lets say we choose btc as a payment,since btc is the most crypto coin recognize in this world.
but we know exactly btc is very very slow, or we can choose ETH as a payment,since it's more faster than bitcoin,but the fact ETH have a high fluctuaction, maybe the price will not be right.
of course there will be parties who are disadvantaged because of that.
its just on payment problem, another problem such as regulation, partnership, etc, its hard

[AbdulShiek]

i guess, it's already planned by people there. but the fact, its still hard to be realized.
many many problem to make it true, lets say we choose btc as a payment,since btc is the most crypto coin recognize in this world.
but we know exactly btc is very very slow, or we can choose ETH as a payment,since it's more faster than bitcoin,but the fact ETH have a high fluctuaction, maybe the price will not be right.
of course there will be parties who are disadvantaged because of that.
its just on payment problem, another problem such as regulation, partnership, etc, its hard

There are always pros and cons to every progress. We have to adapt to change.

[Trader_Rob]

i guess, it's already planned by people there. but the fact, its still hard to be realized.
many many problem to make it true, lets say we choose btc as a payment,since btc is the most crypto coin recognize in this world.
but we know exactly btc is very very slow, or we can choose ETH as a payment,since it's more faster than bitcoin,but the fact ETH have a high fluctuaction, maybe the price will not be right.
of course there will be parties who are disadvantaged because of that.
its just on payment problem, another problem such as regulation, partnership, etc, its hard

Isn't it going to be problematic if we use it as payment on goods like one provided by gas stations? Since transaction process is very slow, isn't that only going to cause more inconvenience rather than convenience?