Topic: Uber or Airbnb running on bitcoin - page 3. (Read 1789 times)

It's pretty different, the 2 you are comparing right now. Overseas phone calls were expensive because the companies were essentially being dicks and charging dollars for something that basically cost close to nothing for them to make. Then came along the internet, and there was no way that they could keep charging ridiculous prices so it ended up become cheaper and cheaper, and is now free.

Now we live in a day and age where the uber to the airport possibly costs more then the plane trip itself. Well, at least in my city. It's due to that there are no cheaper options, even with minimum wage and the shit pay that uber gives to drivers, the current cost of ubers and everything is the lowest price, considering uber also needs to make money.

You'll not be able to find any ride-share services that utilise bitcoin at a cheaper price. Because, it simply doesn't exist. Also, AirBNB seems to be decent pricing (at least compared to hotels around my area), and I know you can buy gift cards for that service for bitcoin.

Awesome

The idea that new things only incite fear is a wrong approach. With that approach one can never improve.

If they are to profit from using bitcoin as a mode of payment then they would take an initiative to make people more knowledgeable to the public and incentivize its use among their service. Although this is logshot but it is a bullish move for the market even if some mainstream companies like FB, Paypal would talk against it.

But the bigger problem is that would a company like Uber, Airbnb want to face the backlash they would get from such mainstream companies? It may drive them bankrupt and at loss of partnerships.

The problem about making such platform is the users that usually prefer to use the already existing platform like uber or airbnb instead of trying out some new platform that like these Uber or airbnb. I'm sure there are paltform about renting like that in the past but got ignored by people.

that will be a good future but considering how hostile these governments agianst anything decentralized I really doubtfull they are gonna legalize the use of crypto for payment or even legal currency.

They will learn the way it is used, it would also contributes to the promotion of Bitcoin. Once they will get a choice and it will be applicable they will start using it. People do not know the usage because they have not come across this technology. Educated people and upper class have much awareness but lower class usually do not know it. Once they will get to know about the advantages it offer and then if given a choice they will use it.

uber on btcs would become for regular users even more suspicious as they have no idea how it all operates

The taxi fare could be priced in both Bitcoin and national stablecoins or fiat currencies. Customers could either use a deflationary currency or stable currencies in a wallet. I don't see why this can't be so. Some will definitely prefer having Bitcoin or stable currency, or both in the taxi app..
A good Crypto-based decentralized or non-custodial taxi app should have all options available to customers

But mainstream projects like Uber and Airbnb as this topic discusses are not interested in them. It would be a huge bullish news if such was to happen and besides the fact that some altcoin projects started on similar businesses there has not been much of a traction in this sector with crypto payments.
Sure but you can ask your bitcoin seller/buyer to exchange bitcoin to fiat and use that to pay for Uber but it thus becomes a two-step process and that is what is not the proper design. Still it is the closest we can get if we want to use bitcoin only for all transactions which is itself a challenge.

Maybe in future we will see more ride-sharing apps that develop their own blockchain and then you can pay that crypto to hail a cab.

Though it hasn't gained mainstream acceptance, with time more and more services have begun to add bitcoin to the payment gateway. In most cases, big brands accept and Stops the same when they don't get the targeted usage from its consumers. In ten years of time though it hasn't reached the mainstream usage the growth tends to make big change in the economic system of the future.

Maybe ten years old for bitcoin enough become legal currency payment in many countries with almost company have accepted bitcoin as legal payment transaction, will bitcoin take ten years later to be legal payment currency or only legal as investment assets without have new way to be legal payment currency with many countries at the future.

10 years have gone by since bitcoin was introduced and yet it is not in a position to become mainstream currency. Why is it so ?  Either bitcoin has not much potential to become a mainstream currency or there is too much opposing power of fiat and local governments who try every tactics to discourage the use of bitcoin as a currency.

I think i've come across some airbnbs that accept not just bitcoin, but ether and ripple as well. Though you'd find it in the description not on the thumbnails. I guess we see this because airbnbs are a bit more personal than ubers. I think little by little we'll start seeing crypto being used. Though if ever it'll be the main mode of payment, i think it's not in this generation.

If you really think about the logic of why these previously cheap platforms are now not so cheap, you can usually work out some ways to save money.

For example, Uber didn't offer its drivers as many of the privileges that it does now. Overall, by being forced to comply with regulations and maintain standards, costs were driven up, which were passed on to the consumer.

Therefore, in order to cut these costs, you need to cut out the middleman, since this will inevitably be driven up by increased operating costs.

So if you want an AirBnb cheaper, reach out to the host directly and settle a deal off-platform. Decentralized systems will likely be faced with the same challenges in the long-run.

Tbh I don't think that crypto is ready to be mainstream. Not yet at least.

Online taxi like uber and Airbnb could promote bitcoin as legal currency payment with country their online taxi working, maybe when many advertising of bitcoin banned on their car of online taxi could give way how to motivate with other know with bitcoin and invest in crypto, we know ho the power or advertising where could make many people interested wit bitcoin and altcoin.

21 million is fine because it can be broken down in smaller pieces. Plus the fact that there are millions that are probably not in circulation makes it very nice.


However, my concern with it being a currency is that people using fiat are trying to make fiat. You can't sit there and say your a bitcoin enthusaist and want it to succeed if you are trading it in return for more fiat that your supposed to be against.

There have been altcoin projects for Uber like services and I am sure some shitcoin has been made for Airbnb wannabe too. Fact is that paying for such services using bitcoin would be something everyone would like to see in future. But currently you can buy gift cards from sites like Bitrefill for paying these providers, again I am not sure if their cards are available.

I do not agree with your "remember when you had to pay for cab" comment, because with bitcoin you are still paying the person. Using fiat or bitcoin is irrelevant there. You are paying no matter what service you take.

Again if someone creates such a service you also have to give it time to grow. These companies did not just come out of the blue, they took their time to grow and now they are popular. Considering the bad reputation of crypto in the general public this is a tough thing to achieve.

I'm not sure what type of "run on Bitcoin" you are talking about. Let's say we are utilizing a car, the rideshare kind.

• Is it running on Bitcoin or let's say any other cryptocurrency meaning that when you use the car, you earn cryptocurrencies?
• You just accept the mode of payment in Bitcoin?

I'm good with either of the two or any type of company that is trying to support the cryptocurrency world. Above all else, I think when comparing the importance of one thing to the other, the Internet is the most important one because it made all of this possible.

I'll remind everyone that none of the rideshare companies globally (Uber,Lyft,etc.,etc.) have managed
to make a profit. It is easy to sell things at a discounted price. Maybe not that easy:
https://www.fastcompany.com/90418766/report-not-even-airbnb-can-turn-a-profit

Bitcoin is another form of payment, the advantages offered by blockchain technology is the
game changer. Contrary to popular rumors, the taxi industry didn't disappear. Last time I
checked the 120 year old American taxi industry and the 370 year old London taxi trade have
somehow survived. I can't remember a time taxi drivers didn't complain about not making
enough money.

Bitcoin is great, and most people I meet have heard of it. None of them actually own any Bitcoin
or have ever used it. People can pay for a taxi or airbnb with a credit card or paypal probably,
so what's the advantage of putting those transactions on the blockchain?

The blockchain can be used for communications, logistics, artificial intelligence, and many things
besides just being a ledger used to record transactions. Rapes and house party killings are indeed
innovative yet somehow taxicabs and hotels have survived. Just wait until the airline industry
discovers the blockchain. It's more than just paying for something with Bitcoin.

The purpose of U4RYDE.GQ is to lead us to “a more sustainable, prosperous future.”
RydeToken.GQ The worldwide #smartcontract market is expected to reach $300 million by 2023.
The World Economic Forum predicts that 1/10th of the global GDP will be stored on a #blockchain
by 2027. In legal terms, #cryptoassets & #smartcontracts are the future. That said, cash is king.
Cash almost always works..... but it can't do all of the things cryptocurrency can do.

Online taxi become most effective way for traveler where going to other country without have recharge to local money and available using bitcoin only, most effective way how to make many people interested with Uber and Airbnb become online taxi for traveler. But will available for many country around the world with both company taxi online accepted bitcoin as payment transaction?