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Topic: Uber or Airbnb running on bitcoin - page 5. (Read 1789 times)

hero member
Activity: 2156
Merit: 803
Top Crypto Casino
January 11, 2020, 10:05:33 PM
#14
You can find a list of 40 merchants that allow Bitcoin to pay for their product and service. Here is the link..

I do not think the list has service providers similar to uber but there are few travel and lodging companies.
sr. member
Activity: 1554
Merit: 334
January 11, 2020, 09:27:21 PM
#13
The idea is somewhat same like digital currencies running on fiat. In my country, such e-wallets and cards that store digital fiat are usable in purchases for rides and for stores. Same could be applied on Bitcoin, with the help of QR codes and a wallet app. Though the main discouraging factor is the slow transaction times and the chance of a transaction to not make it through.
sr. member
Activity: 756
Merit: 251
January 11, 2020, 09:20:44 PM
#12
Definitely these merchants are interested in bitcoin since there business is more like of an online process. They're clients are booking them online. It would be good if they use bitcoin as part of there payment system. Its a great opportunity for bitcoin holders to spend and pay their bitcoin upon booking with Uber and Airbnb.
legendary
Activity: 1638
Merit: 1033
January 11, 2020, 08:42:49 PM
#11
If a service only accepted bitcoin it would likely charge insane prices to stay afloat. (Supply and Demand)

Bitcoins features wouldn't be over the head exciting. Uber and Airbnb pay people out fairly and so there really isn't a need to cut them out....yet.



The hardest thing to do when you are in love with bitcoin and crypto in general like we all are, is to keep a sain head and really think to yourself "does crypto really need to be introduced to this section?".

The answer in my opinion is no.

If you can't save money using those services then don't. If at an specific place a taxi or hotel is cheaper, use them. VOTE with your wallet, ALWAYS. You may even manually find a place whose owner actually even accepts Bitcoin when talked to, who knows? Its easier than a franchise imposing conditions.
I think that way is better but still not possible, because every transaction is recorded in the main server of the service, it is impossible for the waiter to add another payment method unless he pays to have a customer in advance with his money.
hero member
Activity: 1328
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January 11, 2020, 07:51:27 PM
#10
The problem is these types of payments need to be front loaded, and then you have issues with ID verification, security deposits and changing contracts which makes the whole thing rather messy.

From a completely practical standpoint, yes, BTC would work just fine. But in the messy world we live in with so many consumer conveniences, cash back and the rest, it's really hard to develop something for BTC. Let alone the fact that few people ever actually use BTC in the real world which is kind of annoying to me personally.
jr. member
Activity: 96
Merit: 1
January 11, 2020, 05:52:52 PM
#9
I think there have been a couple of ICO designed for such business. The problem with them is that why bother with a currency specifically for say Airbnb, going through all the complications when if you were to pay with Crypto, you could with Eth or Bitcoin.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
January 11, 2020, 05:06:43 PM
#8
I'm surprised that we haven't seen that happen with Ride Sharing or even BnB's. Because think about it, both of those are pretty much commodities in society. By now they should be extremely cheap. They should be just a fraction of what is charged by Uber or Airbnb.

Especially with a ride share product. The driver could just pull over. Pick someone up, and then earn some bitcoin for driving them, to or at least close to their drop off point. But mainly compete heavily on price to disrupt the whole Uber or Airbnb sectors.

Uber takes about 25% commission off each fare. Even if you removed them from the transaction entirely, that would only make rides 25% cheaper -- or drivers would earn 25% more, or some combination of both. And that assumes zero costs for the operation of this new ride share app, which is impossible.

It sounds like you're expecting drivers to accept lower pay just because riders are paying with bitcoins. I don't think that will pan out very well.

There is an emerging subscription-based rideshare model that I think has a better chance of dethroning Uber.
legendary
Activity: 3024
Merit: 2148
January 11, 2020, 04:40:45 PM
#7
These services are still centralized, because despite not owning any property, they provide centralized matching and listing service, so they are subject to regulations. So, you can't just create Uber but with Bitcoin, because regulators would probably not approve it. For this to work, we'd need a 100% decentralized solution, but that would be quite hard if not impossible to develop.
sr. member
Activity: 1288
Merit: 253
January 11, 2020, 01:22:40 PM
#6
Good news if have any company want accepted with bitcoin as legal currency payment, not only for bitcoin take benefit but also both company will be easy for payment system where using bitcoin most easy than other fiat currency payment, for company get profit if bitcoin price up and could sell if worry bitcoin want to be lower price.
legendary
Activity: 3248
Merit: 1402
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January 11, 2020, 01:03:36 PM
#5
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?

I was thinking about long distance phone calls. A long time ago you had to pay for that. Then it gradually became free.

I'm surprised that we haven't seen that happen with Ride Sharing or even BnB's. Because think about it, both of those are pretty much commodities in society. By now they should be extremely cheap. They should be just a fraction of what is charged by Uber or Airbnb.

Especially with a ride share product. The driver could just pull over. Pick someone up, and then earn some bitcoin for driving them, to or at least close to their drop off point. But mainly compete heavily on price to disrupt the whole Uber or Airbnb sectors.

Like one day in the same way we say "remember when you had to pay for long distance".... instead people will be saying "remember when you had to pay for a Cab, wasn't that crazy?" I want this to happen somehow soon.  Shocked

What do you think?
I don't know any such thing, but I would be interested in that. I disagree that one cannot save money with Airbnb nowadays, though. I've just returned from a trip where I used Airbnb to find accommodation because it was way better and cheaper than a hotel room on Booking. As for the part about the calls being free now, it's not always the case (you still need the Internet connection which often costs money), and there's a free housing service which is usually called Couchsurfing.  Oh, and Blablacar is kind of like a cheap car travel service.
sr. member
Activity: 1918
Merit: 370
January 11, 2020, 12:56:59 PM
#4
If a service only accepted bitcoin it would likely charge insane prices to stay afloat. (Supply and Demand)

Bitcoins features wouldn't be over the head exciting. Uber and Airbnb pay people out fairly and so there really isn't a need to cut them out....yet.



The hardest thing to do when you are in love with bitcoin and crypto in general like we all are, is to keep a sain head and really think to yourself "does crypto really need to be introduced to this section?".

The answer in my opinion is no.

If you can't save money using those services then don't. If at an specific place a taxi or hotel is cheaper, use them. VOTE with your wallet, ALWAYS. You may even manually find a place whose owner actually even accepts Bitcoin when talked to, who knows? Its easier than a franchise imposing conditions.
True, this is something most people forget nowadays because of how convenient virtually everything is. Sometimes the conventional ways aren't bad. Anyway, I did my researches and so far I don't see any app on the market that sells services in exchange for cryptocurrencies. Like what the other person said, if they were to run on bitcoin per se, they will charge more to compensate for bitcoin's high volatility.
legendary
Activity: 2030
Merit: 1569
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January 11, 2020, 10:14:50 AM
#3
If a service only accepted bitcoin it would likely charge insane prices to stay afloat. (Supply and Demand)

Bitcoins features wouldn't be over the head exciting. Uber and Airbnb pay people out fairly and so there really isn't a need to cut them out....yet.



The hardest thing to do when you are in love with bitcoin and crypto in general like we all are, is to keep a sain head and really think to yourself "does crypto really need to be introduced to this section?".

The answer in my opinion is no.

If you can't save money using those services then don't. If at an specific place a taxi or hotel is cheaper, use them. VOTE with your wallet, ALWAYS. You may even manually find a place whose owner actually even accepts Bitcoin when talked to, who knows? Its easier than a franchise imposing conditions.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
January 11, 2020, 10:05:20 AM
#2
If a service only accepted bitcoin it would likely charge insane prices to stay afloat. (Supply and Demand)

Bitcoins features wouldn't be over the head exciting. Uber and Airbnb pay people out fairly and so there really isn't a need to cut them out....yet.



The hardest thing to do when you are in love with bitcoin and crypto in general like we all are, is to keep a sain head and really think to yourself "does crypto really need to be introduced to this section?".

The answer in my opinion is no.
newbie
Activity: 7
Merit: 2
January 11, 2020, 09:38:43 AM
#1
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?

I was thinking about long distance phone calls. A long time ago you had to pay for that. Then it gradually became free.

I'm surprised that we haven't seen that happen with Ride Sharing or even BnB's. Because think about it, both of those are pretty much commodities in society. By now they should be extremely cheap. They should be just a fraction of what is charged by Uber or Airbnb.

Especially with a ride share product. The driver could just pull over. Pick someone up, and then earn some bitcoin for driving them, to or at least close to their drop off point. But mainly compete heavily on price to disrupt the whole Uber or Airbnb sectors.

Like one day in the same way we say "remember when you had to pay for long distance".... instead people will be saying "remember when you had to pay for a Cab, wasn't that crazy?" I want this to happen somehow soon.  Shocked

What do you think?
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