Uber’s ‘Payment with Cryptocurrency’ Explained

Uber CEO Dara Khosrowshahi said the company will one day start receiving payments in cryptocurrencies. However, according to the CEO, the current conditions are not quite suitable for this. Here are the terms of the Uber CEO and the cryptocurrency that Uber will accept...
 Uber’s ‘Payment with Cryptocurrency’ Explained
READING NOW Uber’s ‘Payment with Cryptocurrency’ Explained

Uber CEO Dara Khosrowshahi made evaluations on the agenda as part of the ShopTalk event held in Las Vegas. In an exclusive interview with Bloomberg’s Emily Chang, CEO Khosrowshahi said that Uber could one day be paid with cryptocurrencies. In fact, this has been stated in previous periods as well. However, for such a situation to occur, certain conditions must be met.

According to Dara Khosrowshahi, cryptocurrencies are indeed valuable. However, the benefits of these currencies could not be seen enough. In addition, the high transaction fees and carbon footprint discussions in cryptocurrency mining have not been resolved. Saying that at this point, it will not be important for crypto money to be a payment method for Uber, the CEO stated that they will continue to evaluate the opportunities.

The first crypto currency that Uber will accept will probably be Bitcoin

As a matter of fact, the CEO of Uber has talked about cryptocurrencies in the past. He said that on the next day, payments with cryptocurrencies will definitely be included in the system. Recent statements have revealed the reasons why Uber accepts cryptocurrencies. So if Uber one day accepts cryptocurrencies, which unit will it be? Actually, the answer to this question is not a big secret.

Dara Khosrowshahi stated in her interview in Las Vegas that Bitcoin is an ideal cryptocurrency for both customers and partners. Considering that Bitcoin is accepted by big tech companies, fast food chains and even big auction houses, we can safely say that Uber’s acceptance of Bitcoin will not surprise anyone.

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