The CEO of Uber, the company that offers a private taxi service, Dara Khosrowshahi, in an interview with Bloomberg last Friday, said the company "absolutely" will accept cryptocurrencies as a form of payment, although not immediately. Uber towards payment in cryptocurrencies While in a previous interview with CNBC the CEO had ruled out Bloomberg, as opposed to Tesla's thinking of an investment in Bitcoin, whether he would accept cryptocurrencies as a form of payment, Khosrowshahi replied by stating: “Sure it could. We converse continuously. I think right now, what we see with bitcoin and some of the other cryptocurrencies are quite valuable as a store of value. The exchange mechanism is expensive, it is not exceptional for the environment. As the trading mechanism becomes less expensive, it becomes more environmentally friendly, I think you will see us get a little closer to cryptocurrencies. So we are absolutely watching it. And if you say, will Uber accept cryptocurrencies in the future? Absolutely. At a certain point. This is not the right point, but we will do it ”. At the same time, however, he said that this fact will not happen immediately, but more likely in the next year. This is because the CEO of Uber still expressed doubts about the efficiency of cryptocurrencies as a means of payment. He spoke of the problems associated with both high transaction costs and excessive electricity consumption for mining. "As the exchange mechanism becomes less expensive, it becomes more respectful of the environment, I think you will see us get a little closer to cryptocurrencies", he added about it. Uber is preparing to accept cryptocurrencies as a means of payment Major companies that already accept cryptocurrencies However, there are already several companies that accept cryptocurrencies as a form of payment. According to recent research by HSB, of the Munich Re insurance group, 36% of American small and medium-sized companies already accept cryptocurrencies as a form of payment. But even big giants, such as Microsoft, KFC, Subway, Overstock, Pizza Hut, Virgin, Burger King, AT&T and AMC, have long accepted the main cryptocurrencies as a form of payment in their stores. According to research by consulting firm Gartner from December 2021, about 20% of the world's large companies will accept cryptocurrencies as a form of payment by 2024. The report reads: "The mainstream acceptance of cryptocurrencies on traditional payment platforms and the rise of central bank-issued (CBD) digital coins will lead many large companies to incorporate digital currencies into their applications. Digital currencies will be used primarily for payment, to accumulate value and for the ability to leverage high-yield investments in decentralized finance (DeFi) applications ”. In this regard, Paypal announced at the end of November that it would also accept cryptocurrency transfers and payments on its digital platform. In early January he announced that he was working on a project of his own stablecoin.
Vincenzo CacioppoliVincenzo is Genoese by birth but Milanese by adoption. He has a degree in political science. He is a journalist, blogger, writer, marketing and digital advertising expert. After a long experience in traditional marketing, he began activities with the web and digital advertising in 2011 by founding a company Le enfants. Always passionate about the web and innovation, in 2018 he deepens the issues related to blockchain and cryptocurrencies. Independent cryptocurrency trader since March 2018, he collaborates with companies in the sector as a content marketing specialist. In his blog. mediateccando.blogspot.com, has long been dealing mainly with blockchain, which he considers as the greatest technological innovation after the Internet. His first book on blockchain and fintech is expected to be released in November. RELATED POSTS MORE FROM AUTHOR
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