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Topic: Uber or Airbnb running on bitcoin (Read 1758 times)

brand new
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Merit: 0
July 09, 2020, 07:57:54 AM
#91
I will be glad to see the Airbnb running on bitcoin. Indeed, Airbnb at all is a trustful proven company, a world giant that inspires confidence and guarantees success. I usually used them while traveling in different countries, the service is perfect. The main thing is that they chose the best variety of living and provide a full range of services at the highest level. This year I have been using their Website service to help me to list my flat with AMB in the middle of the economic downturn. I was afraid that I will never sell it, but my agent assured me that it would be sold. And he was right. I am extremely grateful for their team for perfect work and professionalism.
My friend was just looking for this information. Thanks
brand new
Activity: 0
Merit: 0
July 09, 2020, 07:45:32 AM
#90
I will be glad to see the Airbnb running on bitcoin. Indeed, Airbnb at all is a trustful proven company, a world giant that inspires confidence and guarantees success. I usually used them while traveling in different countries, the service is perfect. The main thing is that they chose the best variety of living and provide a full range of services at the highest level. This year I have been using their Website service to help me to list my flat with AMB in the middle of the economic downturn. I was afraid that I will never sell it, but my agent assured me that it would be sold. And he was right. I am extremely grateful for their team for perfect work and professionalism.
hero member
Activity: 1778
Merit: 520
July 09, 2020, 02:02:10 AM
#89
The ida of running on bitcoin isn't actuall ideal as i see challenges arising from that, considering the fact that bitcoin is highly volatile, loads of challenges will be faced with the fluctuations that goes with it. imagine having $100 bitcoin in you wallet and you set out on Uber adn midway the journey, bitcoin crashes leaving you will a value way below what your bills have already acumulated. it then becomes na embarrasement. i will not advise both firms to run on bitcoin
It will be good for them to have a payment processor in between them and a customer as then the payment processor will give them a constant amount after taking their fees/cut in between. I guess this will totally remove the price variation problem and also the companies would still be getting the constant payment after the ride and no price fluctuations.


Quote
imagine having $100 bitcoin in you wallet and you set out on Uber adn midway the journey, bitcoin crashes leaving you will a value way below what your bills have already acumulated.
The inverse also holds true in this situation also, because you will also be having more than $100 after the end of the ride if the price increases exponentially. So there are always merits and demerits of using a volatile currency, it is on to you to seek the merit or the demerit in the currency.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
July 09, 2020, 01:27:07 AM
#88
That would be a great idea with this current situation, where there are some public vehicles that are now allowed to drive, it would make the driver and the passenger to have contact to each other because the passenger can pay through his or her device using the bitcoin.
I know it sounds great to hear but be realistic here fellow member, we wont see big companies accepting bitcoin anytime soon. It will take time and maybe by then Uber wont be there anymore or a new ride sharing system based on cryptocurrency payments may have started giving competition to the mainstream ones.

Currently everyone is obsessed with the pandemic situation and thus thinking in these terms, but we have to understand that this is not a permanent thing, so it should not be the theme here.

Also many drivers come from low income families. It is tough for them to keep their money secure because crypto does need a little to a lot of technical know-how at least in the beginning on how to keep money secure. It would be heartbreaking to see a poor but hardworking driver losing money because of a sophisticated crypto scam.
full member
Activity: 742
Merit: 160
June 28, 2020, 12:11:21 PM
#87
That would be a great idea with this current situation, where there are some public vehicles that are now allowed to drive, it would make the driver and the passenger to have contact to each other because the passenger can pay through his or her device using the bitcoin. This kind of payment to the Uner would be a great advantage even if there is no virus already because it makes the payment fast, in any transaction I always prefer to use the bitcoin or other cryptocurrency when paying because it is more convenient, I don't need to bring cash anymore because I have my device to use.
newbie
Activity: 10
Merit: 0
June 28, 2020, 11:50:53 AM
#86
If bitcoin transfer fees become cheaper and transfers become faster, they can be used by taxi drivers.
All cryptocurrencies are open source, you can create a currency like Uber, but you need money it successful.
there is no such currency because these companies do not support it.
UBER will end and bitcoin will figher.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
June 28, 2020, 09:19:00 AM
#85
I bet now that OP has mentioned this, some unscrupulous developers and their teams will create a sham coin for this and scam unsuspecting public as they know the hunger and expectations for this is high. I sincerely hope those of us here will be discerning enough to fish this out if it comes to that.
full member
Activity: 2408
Merit: 202
June 28, 2020, 08:31:39 AM
#84
However, the first thing to do in that case is to be the government of the country that has approved the use of Bitcoin. Otherwise it can never be implemented.

True, the government is the first thing to approved such system without the go signal crypto / bitcoin
would not be implemented, we know that there are
already many businesses who show interest to this payment process, some already using it and some
are in the process of adopting bitcoin and other crypto coins.
If this will be accepted by the government first then expect that there would be more and more company
that will start embracing the system.
hero member
Activity: 1260
Merit: 504
June 27, 2020, 11:41:30 PM
#83
If this happens then in many cases everyone will benefit. In this case, the hassle of carrying cash will go away. As people's confidence in the online currency increases, On the other hand, the pressure on the banking system will also decrease. Currently almost all countries are aware of Bitcoin. Bitcoin can be used in different payment systems. However, the first thing to do in that case is to be the government of the country that has approved the use of Bitcoin. Otherwise it can never be implemented.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 27, 2020, 06:42:01 AM
#82
I always thought it was a good idea when you can pay for your purchases with cryptocurrency. Otherwise, it's just useless.
If paying for services is your only point of being "useful" then yes it is useless. Let aside all the ideological stuff of being different from the traditional banking system and giving the finanacial power back to the people. With governments not allowing the use because they are wary that bitcoin decreases the level of corruption that can be possible with fiat money. Sure enough it is "useless" Roll Eyes

Quote
It is necessary to implement similar payment systems in cafes, taxis and hotels.
Depends on the merchant and the government's approach to the coin. I dont see any ride sharing company till date accepting bitcoin so less chance of it getting into any of them but maybe in future we might see better or a project that allows bitcoin to be quickly paid to the driver in terms of their mode of payment.
full member
Activity: 1442
Merit: 106
June 17, 2020, 07:54:05 AM
#81
The ida of running on bitcoin isn't actuall ideal as i see challenges arising from that, considering the fact that bitcoin is highly volatile, loads of challenges will be faced with the fluctuations that goes with it. imagine having $100 bitcoin in you wallet and you set out on Uber adn midway the journey, bitcoin crashes leaving you will a value way below what your bills have already acumulated. it then becomes na embarrasement. i will not advise both firms to run on bitcoin
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 06, 2020, 01:50:24 AM
#80
I never paid, it was always company use when we missed our public bus, but I always thought, how do people use BTC when even simple card payments are hard?
Sorry to hear about your bad Uber experience, I am lucky enough to have polite and accomdating drivers till date but I know many people have faced similar issues. But I wont comment more on that because I believe every problem can be solved in a diplomatic manner without the need for rudeness.

Anyway bitcoin use in Uber/airbnb can only be if the provider is going to accept it. It might be nice to ask the driver if they are accepting bitcoin or not when starting the ride, in case they fumble just give them cash or kind.

But still bitcoin transaction will take time and often we are in a hurry to pay and leave and linger by the cab. So it does not seem feasible unless the lightning network in brought in place. Grin
hero member
Activity: 796
Merit: 519
May 22, 2020, 09:27:55 PM
#79
cryptocribs.com is what you are looking for. not sure if they are still functioning.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
May 22, 2020, 09:07:30 AM
#78
Sort of a misleading title but let me share the experience of Uber in my place, where it competes with 2 other similar ridehailing services (and is the worst of them all).

- most expensive
- rudest drivers
- before the app allowed card payment, you can say cash or card. But going into the car, they tell you only cash. Happened so many times.

I never paid, it was always company use when we missed our public bus, but I always thought, how do people use BTC when even simple card payments are hard?
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
May 07, 2020, 04:01:46 AM
#77
Uber, Airbnb and Careem do offer different offers to attracted customers but they do not use bitcoins yet. There is a lot of competition between Uber and Careem services and if anyone of these two started using bitcoins and introduced bitcoin in their payment method, this could seriously boost their sales and customers.
Like any mode of payment. Additional payment system to their companies will do good in terms of convenience. Yes clients are not yet using bitcoin or some of them doesnt have an idea about bitcoin, but time will tell that most people can adopt it sooner or later they will. Remember before, we dont have smartphones and just using the model of ever famous phones of nokia modelled 3310, 5110 and so on. But now we are availing those smart phones which are more hard to use than nokia phones before, at first these people will probably have confusion on bitcoin but later they will tell you, "I thought its hard to use its simple and easier than brushing my teeth"
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 07, 2020, 02:23:06 AM
#76
In my opinion, in this situation it is much easier to pay in cash or by credit card, because. The commission for the transfer of Bitcoins will be quite high, and if this is a trip that is very short distance, then this commission may be even more than the amount itself.
For a short distance, use your common sense, would you not prefer to use the public transport, leaving out this lockdown crisis that is if things were normal? It both easier on the pocket and better for your health.

For a medium to long distance travel you would want to have a nice seat with AC and amenities and thus a cab or a privately booked car would be good, thats where the biggest payment is there. For those who use ride hailing every day, it is mostly medium range travel distances. There the hypothetical "fee" would be good enough. But again that is way beyond the current line of thought since first bitcoin needs to be made a tradable and transcatable asset for users which is already a big hurdle.
full member
Activity: 1442
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April 29, 2020, 09:36:06 AM
#75
In my opinion, in this situation it is much easier to pay in cash or by credit card, because. The commission for the transfer of Bitcoins will be quite high, and if this is a trip that is very short distance, then this commission may be even more than the amount itself.

That's why I doubt the use of bitcoin as payment method, it sounds so futuristic and elegant but the question is, does it save you from anything? from fees and time? Peer to peer transaction will just take a seconds but how about the data connectivity you got on your phone? And for the count, people only use as bitcoin as form of investment or just for making profit through trading and holding, if you see people spending bitcoin then consider him in tight situation or just ignorant enough to waste it.
sr. member
Activity: 1022
Merit: 280
April 29, 2020, 09:24:37 AM
#74
I remember when both Uber or Airbnb each came out. You could save money using them. Now you can't.

Isn't there any good Uber or Airbnb type products that run on bitcoin?


Uber, Airbnb and Careem do offer different offers to attracted customers but they do not use bitcoins yet. There is a lot of competition between Uber and Careem services and if anyone of these two started using bitcoins and introduced bitcoin in their payment method, this could seriously boost their sales and customers.
sr. member
Activity: 1624
Merit: 315
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April 29, 2020, 04:25:01 AM
#73
Services integrating cryptocurrency payment is a good move for many businesses that are trying to rise above their competitors. But the problem with these is not that people are charging high prices for the services offered but with the current status of cryptocurrency market, with an unstable fluctuations that are always looming over the market is making the fee for services hanging in balance, we can all understand that businesses are in need of revenue and integrating another system of payment is all part of their strategy and so that means that both ends of the spectrum are in need of addressing with their respected problems.
full member
Activity: 1470
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April 28, 2020, 07:05:08 PM
#72
I think this is kind of good of market strategy that they are using the bitcoin in uber because most of the users today are using this kind of method of payment but the bitcoin before is not too much popular, unlike this time it is just recently that there is a new number of users making included into the world of bitcoin. But today I know they already remove this kind of method of payment because it is not more effective today because most of the people are using the fiat currency, even the online method of payment also they use the debit or the credit card to make payment to their uber which is more convenient today, but still, as a user of the bitcoin, it is good if they are trying to bring back this kind of method if the bitcoin becomes more popular and gained a reputation to their users.

Actually there are many companies and merchants who want to provide payment methods with bitcoin. Because they know the potential
of bitcoin as a currency is very good if realized. Especially with the corona pandemic crisis like this is very appropriate for the company
adopt bitcoin. Only the problem lies with the government, which until now is still selfish and does not want to legalize bitcoin as payment.
Because companies must get permission from the government in order to receive payments with bitcoin. Hopefully the government will
soon realize his mistake.

Also today the bitcoin is one of the good payment methods because of the pandemic outbreak we all know that the cash or the physical money is came from the different people and it came from different hands which the money may contain dirt or virus already and it is not good because it is only helps the virus widely spreading and one of the beet good to do is adopt the use of online payment and the bitcoin which is more effective.
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