Autorickshaw driver accepts cryptocurrency for fare, leaves netizens confused

After Google Pay, Paytm, another type of currency making rounds across the globe, is a cryptocurrency, but it has not exploded in India yet. Recently, a picture of auto-rickshaw accepting payments in cryptocurrencies started doing the rounds on social media, and it has gone viral.

The citizens were taken aback by the rickshaw sign that read, "We accept cryptocurrency."

The autorickshaw driver has been identified as Vinoth Kumar from Tamil Nadu's Chennai. Speaking to him exclusively about what made him post a sign stating that he accepts cryptocurrency, Kumar said he did it for investment purposes and was involved in trading through WazirX. As of now, no customers have paid in cryptocurrency, but it helps in getting the conversation started with the passengers. He has been driving the auto since 2019 and brings his business through Ola.

Take a look at how netizens reacted:

For the unaware, cryptocurrency is a virtual currency that could be exchanged online for goods and services. This type of currency eliminates the possibility of double-spending and counterfeiting.

Tesla owner and SpaceX CEO Elon Musk is one of the biggest supporters of cryptocurrency and Bitcoin. However, many countries and companies have slowly been accepting cryptocurrency as a mode of payment. 
 

• Viral news
• cryptocurrency
• social media