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This London Taxi Driver Sells Cryptocurrency to Passengers

If you hail a taxi in downtown London, you could wind up paying for more than just your fare. Pseudonymous cab driver Dave Jenkins is known as the Crypto Cabbie because as he drives passengers around London he provides the ability to purchase BTC.

Also read: Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Meet the Crypto Cabbie

This London Taxi Driver Sells Cryptocurrency to PassengersThere’s a taxi driver in London who will not only give you a ride, but might also ask you if you’re interested in purchasing BTC. Dave Jenkins travels with a device that enables people to purchase bitcoins. As he explained in a recent interview, the hardware is manufactured by a company called Fastbitcoins, and allows the Crypto Cabbie to sell BTC for cash before furnishing the buyer with a receipt. Essentially, the service is a voucher system that can be redeemed for BTC after the purchase at certain locations.

Jenkins says dealing with him is much easier for customers than signing up for an exchange or using a crypto ATM in London that might require KYC identification. The Crypto Cabbie reckons he’s the first taxi driver to offer cryptocurrency purchases. “You know, you just turn up, get in the cab, hand the cash over and you’ve got your bitcoin and away you go,” Jenkins explained during his interview. The Crypto Cabbie is good friends with Danny Brewster, the creator of the U.K.-based Fastbitcoins point-of-sale (PoS) terminal company.

This London Taxi Driver Sells Cryptocurrency to Passengers

Hailing a Cab in the Digital World

According to Brewster, he sells the crypto-enabled PoS devices to retail stores and businesses worldwide and is confident of developing his business during the crypto bear market, believing it makes his company stronger. His buddy Jenkins has been accepting BTC for taxi rides since 2017 and doesn’t seem concerned by its drop in value. The Crypto Cabbie explained:

I only care about owning bitcoin itself — Bitcoin to bitcoin, satoshi to satoshi, whatever.

Jenkins noted that to hail his cab in the digital world, individuals can contact his Twitter handle and provide him with a pickup location. While being driven to their destination, passengers can purchase BTC from the taxi driver using pounds, euros, and U.S. dollars. However, Jenkins only sells BTC during his regular shift hours which are 9 a.m. to 5 p.m. in London. The cabbie professes to only makes a few cents’ worth of BTC for his efforts but doesn’t sell the coins to make money. Rather, he simply enjoys getting more people into cryptocurrencies. “I don’t feel I’m going to become a millionaire out of it,” the cab driver conceded.

What do you think about Jenkins and his crypto taxi service in London? Let us know what you think about this subject in the comments sections.

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Images via Shutterstock, and Twitter. 


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Tags in this story
ATMs, Bitcoin Core, BTC, Cabbie, Crypto Cabbie, Cryptocurrency, Danny Brewster, Dave Jenkins, Digital Assets, Exchanges, Fastbitcoins, London, N-Featured, Point of Sale, PoS, PoS Device, taxi, uk
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Jamie Redman

Jamie Redman is a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Redman has written thousands of articles for news.Bitcoin.com about the disruptive protocols emerging today.