RE: Car Crash =’s Bitcoin to the Rescue
Bitcoin proved efficient in this recent example here – two drivers collided and did not want to call the police – one had no cash on hand but did hold Bitcoin – both drivers on their way and happy, all thanks to Bitcoin!
Mr. Jamie’s Car Crash Ends With a Bitcoin Transaction
A Bitcoin maximilist and entrepreneur has shared a few details about his recent car accident. According to Twitter user Mr. Jamie, he ended up with additional Bitcoin (BTC) in his crypto wallet after he got rear ended.
In a series of tweets posted on Saturday, he explains that the guy who crashed into his vehicle did not want to call the police.
The problem, according to Jamie, was that the other driver didn’t have enough cash on hand to pay for the damage. Jamie needed a secure way to receive compensation, on the spot, with a stranger, without the risk of the transaction being reversed at a later date.
‘Got rear ended. Guy really really didn’t want the police involved. Paying later really wasn’t an option. Didn’t trust him. Bank transfers take days. He didn’t have enough cash. Turns out he had #bitcoin. 30 mins later, he’s on a tow truck and I’m on my way home.’”