[2017-08-28] Uber has chosen Bitcoin-Friendly Dara Khosrowshahi as its new CEO

[ivanpoldark]

Pro-Bitcoin Expedia CEO Picked to Run Uber

Uber has reportedly chosen Expedia chief Dara Khosrowshahi as its new CEO. Under Khosrowshahi’s lead, Expedia started accepting bitcoin. He is also a personal investor in Bitcoin startup 21 Inc.

Uber Picked Bitcoin-Friendly Chief

Uber Technologies Inc reportedly chose Expedia CEO Dara Khosrowshahi as its new CEO on Sunday, according to two sources with knowledge of the matter. Bloomberg reported:

       

"Uber Technologies Inc. will appoint Expedia Inc.’s Dara Khosrowshahi to run the global ride-hailing leviathan."

Khosrowshahi began serving as the CEO of Expedia in August 2005, helping the company extend its global presence to more than 60 countries. “Under his leadership, Expedia, Inc. has grown to become the largest online travel company in the world,” his business profile shows. The Brown University graduate became the highest paid CEO in the S&P 500 in 2015, with compensation totaling $94.6 million, according to a report compiled by Equilar and the Associated Press.

In March 2015, he personally invested an undisclosed amount in the $116 million Series B fundraising round for 21 Inc. In addition, his Linkedin profile shows that he is a member of the professional Bitcoin P2P Digital Currency group.

If Khosrowshahi accepts Uber’s offer, he would be replacing founder Travis Kalanick, who resigned after a shareholder revolt. At press time, he has not yet accepted the offer.

Read more: https://news.bitcoin.com/pro-bitcoin-expedia-ceo-picked-to-run-uber/

[eckmar]

It would actually be great if Uber stars accepting bitcoin. Huge amount of people are using it and It would be great for BTC's publicity

[Siren]

It would actually be great if Uber stars accepting bitcoin. Huge amount of people are using it and It would be great for BTC's publicity

I agree, this gonna be huge for bitcoin ecosystem as we all know that Uber has a lot of customers worldwide and the potential for them to get bitcoin to used as payment would bolster the ecosystem. But then again, the major drawback is the high fees and slow network confirmation.

But this is a welcoming news though as getting a bitcoin friendly CEO to run a successful company would somewhat make a positive impact direct or indirectly to the bitcoin ecosystem. Maybe one day we are going to see bitcoin being accepted ay payment method by Uber. Let's just hope for the best.

[Carlton Banks]

It would actually be great if Uber stars accepting bitcoin. Huge amount of people are using it and It would be great for BTC's publicity

I agree, this gonna be huge for bitcoin ecosystem as we all know that Uber has a lot of customers worldwide and the potential for them to get bitcoin to used as payment would bolster the ecosystem. But then again, the major drawback is the high fees and slow network confirmation.

Taxi services (among many other IRL/brick&mortar business) aren't a good fit for any on-chain cryptocurrency, taxi drivers can't wait around for transactions to confirm before they take their next fare. Only 2nd layers built on-top of blockchain transaction systems (with instant funds clearance, i.e. no confirmations) can perform properly for the taxi driver's needs.

[Kprawn]

What a match made in Heaven would this be if Dara Khosrowshahi could open the door for Bitcoin with Uber. Uber and Bitcoin

is both disruptive technologies and they aim to break monopolies. I am looking forward to pay for Uber with my bitcoins when

we go to pubs on weekends for Bitcoin meetups. We use them when he had a round of drinks. {also paid with bitcoins} 

[eckmar]

It would actually be great if Uber stars accepting bitcoin. Huge amount of people are using it and It would be great for BTC's publicity

I agree, this gonna be huge for bitcoin ecosystem as we all know that Uber has a lot of customers worldwide and the potential for them to get bitcoin to used as payment would bolster the ecosystem. But then again, the major drawback is the high fees and slow network confirmation.

Taxi services (among many other IRL/brick&mortar business) aren't a good fit for any on-chain cryptocurrency, taxi drivers can't wait around for transactions to confirm before they take their next fare. Only 2nd layers built on-top of blockchain transaction systems (with instant funds clearance, i.e. no confirmations) can perform properly for the taxi driver's needs.

It's an easy fix. Instead of just paying instantly for a trip, add money (credits) to your account balance and there you go. Paying with BTC and yet instantly

[nobluff5150]

Now thats an innovative way to pay off

[Carlton Banks]

Taxi services (among many other IRL/brick&mortar business) aren't a good fit for any on-chain cryptocurrency, taxi drivers can't wait around for transactions to confirm before they take their next fare. Only 2nd layers built on-top of blockchain transaction systems (with instant funds clearance, i.e. no confirmations) can perform properly for the taxi driver's needs.

It's an easy fix. Instead of just paying instantly for a trip, add money (credits) to your account balance and there you go. Paying with BTC and yet instantly

Well, that's essentially what 2nd layer networks are actually doing at the most simplistic level of explanation. Except the accounts are universal. And you can more or less forget about the 3rd party (who controls your account balance) running away with your money.