San Francisco Taxis Promote Bitcoins

Coinsetter to Provide a New Bitcoin Trading Platform for Online Traders
Coinsetter to Provide a New Bitcoin Trading Platform for Online Traders

In times when the US financial authorities are leaving no stones unturned in sacking Bitcoin transactions, some of the 375 taxis in San Francisco are now promoting the currency, and quite effectively.

The new campaign can now be seen on the streets of San Francisco in which the taxis are playing a “We use coins” promotion video. Among the 375 taxis, 75 of them

are also featuring a still-image monitor. Bitcoin forum member Dadj explained that how they were looking for local companies interested in accepting bitcoins in their business transaction, to put their advertisement on the still-image monitors in the taxis.

But a lot of questions have been raised about the motto of the campaign which focuses largely on dictating the method to mine bitcoins rather than on how to buy or sell them. Redditor k2p also acknowledged the similar concern about the effectiveness of the video.

They asked “What is Bitcoin’s most visual-friendly advantage. The 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.”

And add,“Now, switch that over to Bitcoin. All they need is a smartphone. They don’t need a driver’s license or credit history. It’s just as simple as taking cash, except without the need to carry wads cash wherever you go or deal with change.”

For more Bitcoin news, visit