Tech

Uber CEO Says You’ll Finally Be Able To Pay With Cryptocurrency


Uber Users Will Finally Be Able To Pay For Rides With Crypto, Says CEO Dara Khosrowshahi Bloomberg. However, the company is basically using Similar to Tesla by waiting for changes that will reduce transaction fees and make it more environmentally friendly.

“Will Uber accept crypto in the future? Absolutely, at some point,” Khosrowshahi said. “As the exchange mechanism becomes less expensive, becomes more eco-friendly, I think you will see us leaning a little more towards crypto.”

If Uber jumps on the crypto train, it will join a number of companies that already accept Bitcoin, most notably Microsoft, AT&T and Wikipedia. However, other large companies are more reluctant as cryptocurrencies and related products such as NFT have under the fire to use large amounts of energy generated in part by burning fossil fuels.

Tesla is the most famous company that accepts Bitcoin as payment for EVsBut it suspension of practice, says they will only use it again “when mining transitions to more sustainable energy.” However, the company recently started accepting Pay with Dogecoin for some of its goods such as Cyberquad for kidswith CEO Elon Musk tweeting that it was “more suitable for transactions. ”

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