Post
Topic
Board Economics
Re: Honda Now Accepts Bitcoin and Ethereum As Payment Methods
by
benalexis12
on 04/10/2023, 13:37:22 UTC
With such an opportunity to spend btc to buy luxury cars-
*Will you be willing to spend your btc to buy car from Honda? Or any other automobile company that will follow the Honda's part?
I have used a Honda car and the product is one of the best. Honda products are strong and durable. This is a piece of great news coming from one of the leading automakers in the world. Although they are using a centralized payment system it is still good for Bitcoin awareness and adoption. I will be willing to spend bitcoin on a Honda car based on the terms and conditions of the intermediary FCF Pay. If they require a KYC document that I am not comfortable giving out, that will be the end of the deal.

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*Which other automobile company would you want to also accept btc for payment?
Toyota is a popular car brand in my country and it suits our poor infrastructure and high cost of fuel. So I want them to be the next to accept bitcoin.

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*Is this news big enough to trigger market uptrend in the coming weeks, months?
Honda is a respected global brand. So I will not underestimate the possibility that this move can change investor attention. But it will affect the market sentiment slightly and for a very short term.

Well, honestly, I like the Honda brand because the quality of their brand is good, although for now I don't have a 4-wheel Honda, but I have a Honda motorcycle. I've been using it for a long time, about 13 years. I haven't opened the engine yet, but all I do is take care of the oil and other parts. I have traveled to faraway places.

Is what Honda did universal in all countries? Does that also mean that even here in our country, it is also implemented in other ASEAN countries? Although the work they did is good, it doesn't seem to have much impact on the market, although they added Bitcoin and other cryptocurrencies to the payment options.