Paying for your taxi with Bitcoins !!

[nwscoin]

 Paying for your taxi fare on the Uber Bitcoins app could become a reality, according to the company’s CEO. The American taxi services giant would consider adding the crypto payment option to its application.

One more announcement that shows how cryptocurrency adoption is increasing at a dizzying pace. If traditional companies prefer the NTF sector and decentralized metaverse to engage in crypto-verse, more and more would assess the importance of allowing their clients to pay with their cryptocurrencies.

The US phone giant and the world’s largest market capitalization, Apple, announced during the week that Apple Pay users will be able to use the iPhone’s “Tap to Pay” feature to make payments in crypto-currencies with major traders and companies.
Uber And Bitcoin: A When The Wedding?

Uber would certainly join the list of companies that have decided to offer bitcoin payment options in the future. To the question: Will Uber accept cryptocurrencies in the future? Uber CEO Dara Khosrowshahi told Bloomberg that the company would accept “absolutely, at some point” crypto payments.




source : https://www.nwscoin.com/

[Mauser]

Great news from Uber. In almost every country there are Uber services and the setup of the App where everything is paid online is awesome. Accepting bitcoins and maybe even other crypto coins in future is a big step. Running a small mobile wallet with a hundred USD on it is perfect to use it for taxi fares in the future. When on vacation I tend to use Uber regularly, at home I prefer public transportation, because its cheaper. One problem for me would be the low bitcoin price right now. With looming war over Ukraine it seems that Bitcoin is going to stay low for the near future. And at current levels I don't want to sell or use my bitcoins for purchases. In case the price would go above 50,000 USD again I would consider spending some coins.

[Vaskiy]

Uber being the largest taxi service provider adding cryptocurrency payment access will make way for real time usage of cryptocurrencies. The timeline for the addition of payment feature isn't disclosed. As per my understanding the company is just into business and don't have plans of investing/buying bitcoin as other corporate networks.

The CEO said, initial plans were for the acceptance of bitcoin and dogecoin. On the other side he also said when the mining becomes more eco friendly this could lower the transaction costs. I'm not sure on what basis he have said this. When the implementation is done, this will make some positive movement on the market.

Source: Uber will accept cryptocurrency as payment option in future

[cheezcarls]

Paying for your taxi fare on the Uber Bitcoins app could become a reality, according to the company’s CEO. The American taxi services giant would consider adding the crypto payment option to its application.

One more announcement that shows how cryptocurrency adoption is increasing at a dizzying pace. If traditional companies prefer the NTF sector and decentralized metaverse to engage in crypto-verse, more and more would assess the importance of allowing their clients to pay with their cryptocurrencies.

The US phone giant and the world’s largest market capitalization, Apple, announced during the week that Apple Pay users will be able to use the iPhone’s “Tap to Pay” feature to make payments in crypto-currencies with major traders and companies.
Uber And Bitcoin: A When The Wedding?

Uber would certainly join the list of companies that have decided to offer bitcoin payment options in the future. To the question: Will Uber accept cryptocurrencies in the future? Uber CEO Dara Khosrowshahi told Bloomberg that the company would accept “absolutely, at some point” crypto payments.




source : https://www.nwscoin.com/

Nice try doing SEO and link building stuff with a couple of keywords pointing to the same site and another raw link (One points to the main and the other points to the article link) which is kinda “indirect” shilling to me.

You are only here for that purpose and not being a natural type of member who wants to learn and help the community.

I wonder how much the client paid you per live link? Hmmm…..

P.S. Mods you can correct me if I’m wrong about my opinion regarding OP’s intentions. Thanks!

[Flexystar]

Wait, when did Uber decide to implement such a function?

You crazy? I’m more happy to read that Apple is going to do the same. Gosh, finally I can use my coins to trade with real world assets and I’m happy for the same. If this really happens then big giant is surely thinking of better future in the crypto currencies otherwise Apple is the last company who would do anything stupid that does not fits to their needs OR brand as such.

I’m obviously happy with the Uber too as they are also one of the taxi leaders in the globe. I see they also involved in Uber eats which delivers food in India thus might just open its doors for the same. Things getting real crazy and better in this world. Lovely.

[decodx]

Wait, when did Uber decide to implement such a function?

It didn't. Not yet at least. According to the article linked in the first post, Uber is just considering accepting Bitcoin payments for its services.  According to Uber's CEO, there are still some obstacles: "The trading mechanism is expensive, it’s not great for the environment. When the trading system becomes cheaper, more environmentally friendly, I think you’ll see us looking a little more at cryptocurrencies."

Unsurprisingly, no one can really know if Uber will become the very first mainstream ride-sharing company to accept cryptocurrency.

[bittraffic]

Wait, when did Uber decide to implement such a function?

It didn't. Not yet at least. According to the article linked in the first post, Uber is just considering accepting Bitcoin payments for its services.  According to Uber's CEO, there are still some obstacles: "The trading mechanism is expensive, it’s not great for the environment. When the trading system becomes cheaper, more environmentally friendly, I think you’ll see us looking a little more at cryptocurrencies."

Unsurprisingly, no one can really know if Uber will become the very first mainstream ride-sharing company to accept cryptocurrency.

According to the article, they will accept at some point. The CEO didnt say any date. It could be 2025 or 30. Before this will take place, they will wait for regulation too.

There is no assurance when but hope when they do, its just just BTC alone but also alt. Its likely the first that will make BTC be used daily in real street transactions.

[m2017]

Wait, when did Uber decide to implement such a function?

It didn't. Not yet at least. According to the article linked in the first post, Uber is just considering accepting Bitcoin payments for its services.  According to Uber's CEO, there are still some obstacles: "The trading mechanism is expensive, it’s not great for the environment. When the trading system becomes cheaper, more environmentally friendly, I think you’ll see us looking a little more at cryptocurrencies."

Unsurprisingly, no one can really know if Uber will become the very first mainstream ride-sharing company to accept cryptocurrency.

According to the article, they will accept at some point. The CEO didnt say any date. It could be 2025 or 30. Before this will take place, they will wait for regulation too.

There is no assurance when but hope when they do, its just just BTC alone but also alt. Its likely the first that will make BTC be used daily in real street transactions.

Too much uncertainty in this news. By the time this becomes relevant, a lot can change. Also, one should not forget about the influence of the regulator. At any time, the regulator can ban this initiative and this news will become unrealizable. I wouldn't take this kind of news seriously. That's when Uber starts accepting payment in Bitcoin, that's when we'll talk.

[Leviathan.007]

Since bitcoin is well known a payment method for many people and many platforms that's not unexpecting to see some government-related payments such as tax payments can be done using bitcoin however that's not still confirmed and I don't know many people in the USA who paid their tax with bitcoin or other cryptocurrencies but if Uber implement the payment option to pay with bitcoin I expect to see the same story for the other platforms very soon.

[uneng]

Uber CEO is adept of the political correctness imposed by the mainstream media and specialists. He said bitcoin will be only accepted when it becomes environmentally friendly. He endorses the narrative of bitcoin mining process demanding too much natural resources in order to produce enough energy to keep the farms running. I fear at some point Uber ends adopting some cryptocurrency else using this excuse, and let bitcoin behind as it wasn't important.

[nwscoin]

Paying for your taxi fare on the Uber Bitcoins app could become a reality, according to the company’s CEO. The American taxi services giant would consider adding the crypto payment option to its application.

One more announcement that shows how cryptocurrency adoption is increasing at a dizzying pace. If traditional companies prefer the NTF sector and decentralized metaverse to engage in crypto-verse, more and more would assess the importance of allowing their clients to pay with their cryptocurrencies.

The US phone giant and the world’s largest market capitalization, Apple, announced during the week that Apple Pay users will be able to use the iPhone’s “Tap to Pay” feature to make payments in crypto-currencies with major traders and companies.
Uber And Bitcoin: A When The Wedding?

Uber would certainly join the list of companies that have decided to offer bitcoin payment options in the future. To the question: Will Uber accept cryptocurrencies in the future? Uber CEO Dara Khosrowshahi told Bloomberg that the company would accept “absolutely, at some point” crypto payments.




source : https://www.nwscoin.com/

Nice try doing SEO and link building stuff with a couple of keywords pointing to the same site and another raw link (One points to the main and the other points to the article link) which is kinda “indirect” shilling to me.

You are only here for that purpose and not being a natural type of member who wants to learn and help the community.

I wonder how much the client paid you per live link? Hmmm…..

P.S. Mods you can correct me if I’m wrong about my opinion regarding OP’s intentions. Thanks!

no, you are not wrong, it's just I'm sharing my blogger and if you notice I'm not adding any adsence so I'm not earning anything I'm doing this because I love it so please just support, thank you

[Frengki_cisco]

Paying for your taxi fare on the Uber Bitcoins app could become a reality, according to the company’s CEO. The American taxi services giant would consider adding the crypto payment option to its application.

Not a bad idea, if all taxis in america accepted bitcoin, it would be better for passengers and taxi drivers too.
There is a good reason in the Bitcoin payment system for taxis.
1. Passengers do not need to carry large amounts of banknotes.
2. Taxi drivers are more concerned with criminal acts on the road.

In my opinion both driver and passenger are mutually beneficial and safe.

[Hamphser]

Paying for your taxi fare on the Uber Bitcoins app could become a reality, according to the company’s CEO. The American taxi services giant would consider adding the crypto payment option to its application.

Not a bad idea, if all taxis in america accepted bitcoin, it would be better for passengers and taxi drivers too.
There is a good reason in the Bitcoin payment system for taxis.
1. Passengers do not need to carry large amounts of banknotes.
2. Taxi drivers are more concerned with criminal acts on the road.

In my opinion both driver and passenger are mutually beneficial and safe.

I somewhat disagree with these views.

1. Banknotes are lightweight, so i dont see a reason for it to be an issue
2. Criminal acts? On what form? How they do get involved with that?

As for possession of bitcoin then people would mostly make use of their fiat rather than on spending their
precious coins since we do know its investment potential capabilities which if they do still ever to make use
that common fiat and save up their coins then they would mostly do it even myself but its not really a bad
recognition after all.

[GeorgeJohn]

The adoption of bitcoin has been buzzing, this is not the beginning abd won't be the end likewise. All over the world bitcoin payments has been use for different purpose,for football advertisement, investment purpose as a mean of payment, since it solves most issues the banking system hasn't. I'm not wowed at this because there lore firms that'll embrace bitcoin, i think its a good one this will make transportation quite easy, fiat can be used but the rate at which bitcoin transaction are buzzing. Gradually, I'm predicting for the mode payments in schools, bitcoin can't be stopped, im very optimistic about this....Yes there is life outside bitcoin, but they have co'e to stay and remain for a much longer periods.

[jossiel]

I have no idea the stand of the Uber's CEO towards accepting bitcoin. But I'm always optimistic when it's being talked about as a payment for their services.

There is a possible chance that they'll soon accept it as they have probably already know that they can convert it immediately to fiat if they prefer by just using another third party as for this acceptance.

[24Kt]

I have no idea the stand of the Uber's CEO towards accepting bitcoin. But I'm always optimistic when it's being talked about as a payment for their services.

There is a possible chance that they'll soon accept it as they have probably already know that they can convert it immediately to fiat if they prefer by just using another third party as for this acceptance.

It is only a matter of time before other companies will integrate bitcoin or other crypto in their payment system. As the adoption is growing, some of these companies will indeed add alternative payment methods now that a lot are going cashless. So the addition of crypto is actually a very good candidate to be included in digital payment methods. As you said, if they don't want volatility to affect the amount that they received, they can always opt to USD conversion once they received the payment. Because the most common problem of these merchants is the fluctuating price of bitcoin why they are still hesitant about it.

[sheenshane]

That's good news but I'm sure this is an off-chain transaction since they use their own app.
You cant use your own noncustodial wallet for this because normally a Bitcoin will take up to 1 hour so maybe it is hard to wait at least 3 confirmations before they consider the transaction is safe.

But there's no clear statement of adoption in the article, it could be this becomes a rumor after all.
Or soon they accept the whole crypto but first, there will be a heavy KYC verification.

[taufik123]

Great News This kind of news makes us very happy. Thus maybe one day the whole world will launch this bitcoin where all transactions.It is understood that Uber will launch the transaction soon. And taxi bills will be able to transact through all bitcoins.I hope this transaction system is launched very soon.

Not immediately, but still being considered whether you really want to be adopted or not. Uber is still doing research to ensure that bitcoin can be an optional payment instrument.
The adoption of bitcoin for taxi payments or services like this requires fast and instant transactions and of course everything still has to be thought about and adjusted, because it takes a long time to confirm bitcoin. maybe if you really want to adopt bitcoin, uber will provide a special platform or system that uses bitcoin or is integrated in its application. Everything is still being considered, we'll just have to wait and see if Uber will actually make it happen.

[Frengki_cisco]

1. Banknotes are lightweight, so i dont see a reason for it to be an issue
2. Criminal acts? On what form? How they do get involved with that?

It seems you don't know much in the life of travel that taxi drivers and passengers face.

Have you ever seen a taxi driver being robbed and have you ever seen a taxi passenger being robbed?
This is the reason I say payment for cargo taxis is safer with Bitcoin, see what I mean.

[kryptqnick]

How would that actually work, is it an off-chain solution? Perhaps, a fully custodial wallet with 'instant' transactions between users of the same type of wallet with small fees (or none?) because the money isn't technically being moved? My concern is that paying for a taxi is something that happens very fast, and waiting for the first confirmation for up to 10 minutes is something that can disrupt taxi driving experience. Not to mention that sometimes the fees are just too high for such small amounts as taxi fares. From the article, it doesn't seem like they figured out the details themselves yet.