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Topic: Travel Booking Giant Expedia Has Quietly Removed Bitcoin Payment - Thoughts? - page 2. (Read 243 times)

legendary
Activity: 1792
Merit: 1283
I think that this option was only available in the US anyways. I've tried to use this option a while back, but it wasn't possible because I get redirected to my local Expedia website, which didn't have the option to begin with.

They clearly half-assed their acceptance of Bitcoin payments, no wonder they're shutting it down so soon.
legendary
Activity: 2492
Merit: 1018
Maybe they are preparing to also set up to accept more coins like ETH and XRP. The bloodbath has probably changed their minds I guess. Lets say during the time when BTC was worth more then $15K a lot of people used their services and so they have collected lots of BTC with less value after the bloodbath. I'd probably stop it too specially if I don't know yet when the price is going to rise up.
legendary
Activity: 3080
Merit: 1500
The extreme volatility may be the reason behind this decision. We need a tech settlement partner who can convert bitcoins to fiat money in real time based on the prevailing market price. The delay in settlement time can cause major loss to the accepting merchant and that is the main bottleneck that is stopping bitcoin's adoption.

However, looking at the growth in interest of using digital money for payment of goods and services, they will eventually have to bring it back in future. As more settlement businesses like bitpay emerges, the market scenario will drastically change overtime.
member
Activity: 532
Merit: 15
I bet they will come back to crypto payments in a few years, don't worry.
newbie
Activity: 92
Merit: 0
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