Uber or Airbnb running on bitcoin

[DarkDays]

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.

[1714862317]

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[gabmen]

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. 

What do you think?

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.

[noormcs5]

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

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.

[Xxmodded]

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

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.

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.

[KennyR]

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

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.

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.

[TheUltraElite]

10 years have gone by since bitcoin was introduced and yet it is not in a position to become mainstream currency.

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.

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.

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.

[Ucy]

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.

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

[cash88]

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

[TastyChillySauce00]

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.

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.

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.

[TheUltraElite]

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

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.

[hello_good_sir]

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.

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.

[jostorres]

Even if a company starts accepting Bitcoin, they wouldn’t just charge you a particular amount in BTC and stick to that – for example – charging 1000 Satoshis, rather they would charge in dollars and if you want to pay with Bitcoin they will calculate the amount using current exchange rate to convert it to bitcoin. They would need money to keep their company running, and the world runs in fiat and not cryptocurrency, so when you pay the money they are definitely converting it to fiat to save themselves from any plunge in price.

It’s also a normal thing for any start-up to begin with a lower rate, seriously if they begin to charge the same rate with companies that are already well established they would be messing around. They will be able to attract customers with low rate and as time goes on and they become well established they will start charging high rate as well.

[vicoma]

It will be nice to see such project running on blockchain but let think of it, for it to be successful, it must be under a regulation which is not in tandem with the spirit of decentralization. Outside that, if you need an emergency booking, delay in Bitcoin confirmation might be an issue.

[Debonaire217]

It will be nice to see such project running on blockchain but let think of it, for it to be successful, it must be under a regulation which is not in tandem with the spirit of decentralization. Outside that, if you need an emergency booking, delay in Bitcoin confirmation might be an issue.

Especially if you are in rush, bitcoin confirmation will take a lot of time for you to came out of the cab, thus, it will incur doubt if the payment really went successfully through. I rather consider other altcoin to be suitable instead of bitcoin for transportation but up until now, there isn't any platforms that utilizes this system so far, and I think the reason is because of the lack in proper law concerning the tolerance of using cryptocurrency as an alternative to fiat digital payments.

[hv_]

Would be natural they sort out for Origianl & Scalable Bitcoin as BSV works

It's about economics and purpose - BTC happily kicked out all business with uasf and PoSM

 

[chennappa121]

Accepting bitcoin as mode of payment is well and good but i don't think Uber and Airbnb will accept as mode of payment because the delay in confirmation of transaction takes lot of time and as it is known for its volatility. Bitcoin is a decentralized crypto currencies so it is difficult to accept bitcoin in Uber and Airbnb.

Bitcoin can be accepted as mode of payment in all online shopping this works well but for transportation it doesn't work out.

[sana54210]

It will be nice to see such project running on blockchain but let think of it, for it to be successful, it must be under a regulation which is not in tandem with the spirit of decentralization. Outside that, if you need an emergency booking, delay in Bitcoin confirmation might be an issue.

Especially if you are in rush, bitcoin confirmation will take a lot of time for you to came out of the cab, thus, it will incur doubt if the payment really went successfully through. I rather consider other altcoin to be suitable instead of bitcoin for transportation but up until now, there isn't any platforms that utilizes this system so far, and I think the reason is because of the lack in proper law concerning the tolerance of using cryptocurrency as an alternative to fiat digital payments.

Lightening networks have made bitcoin transactions way lot faster than they usually were. You could send bitcoins just in few clicks and even those would immediately get confirmed as soon as you send those so you can use those systems of payment in uber of airbnb if ever they were the companies which entirely run over the cryptocurrencies. Bitcoin payments are no longer a issue but just there needs to be services try to imply these payments.

It would really be quite beneficial if we could use bitcoins to pay the uber drivers for any distance covered. We could actually even earn some amount of bitcoins by trading or anything else sitting in the cab until our destination arrives and paying the driver with the amount we earned so far. This would be something like riding for free though.

[kecha1]

Now i can pay for a ride in Uber using bitcoin? If so, in which country?

[Chrystora123]

seeing from the development of hotel needs, Airbnb is perfect for accepting payments via Bitcoin.

for company get profit if bitcoin price up and could sell if worry bitcoin want to be lower price.

making payments with Bitcoin for a company is still relatively difficult.  As you said, the company will profit if the price of Bitcoin goes up, but if the price of Bitcoin goes down, they will be greatly disadvantaged. stable coins are very suitable to be made as a means of payment (such as USDT, USDC, and others).

[Stedsm]

I think the charges need to cut down but not freed completely, because the driver spends time and energy as well as the cost for picking you up from your place to dropping you to your desired location and so, they deserve something in return. The reason why charges have spiked is because of the mind game these companies play where they'd first build up their customer base and once they see there are enough people on the table to be looted, they move out their "expense" gun on our pockets.