Uber Selects Bitcoin-Friendly CEO
From Cryptocoins News
In a move which will undoubtedly help repair its image as a bro-friendly, illiberal outfit with no social conscience, Uber has replaced former CEO Travis Kalanick with Dara Khosrowshahi, an Iranian-American former CEO of Expedia with a long history of being favorable to Bitcoin.Read more: https://www.cryptocoinsnews.com/uber-selects-bitcoin-friendly-ceo/Back in November, 2014, while Khosrowshahi was still CEO of Expedia, they began experimenting with Bitcoin as we reported here at CCN. If the company held of the coin they made during that time, it seems evident they went on to appreciate assets by a great deal.
Moving forward, is it possible we will see Uber adopt Bitcoin payments? While there are ways to use Bitcoin for Uber currently, many people would like to see the company integrate cryptocurrencies directly. Overstock recently announced that it would be accepting numerous cryptocurrencies. It seems that mainstream adoption is again on the rise with the extreme increases in the valuation of Bitcoin and all its cousin cryptocurrencies.
The utility of a currency – what it can do for its holder – is often considered as important as its value. Without some form of liquidity, it doesn’t much matter the valuation of a holding. One must be able to get the value some way. If people are able to deposit Bitcoin into an Uber account and then use it in their daily lives, especially during a time when the value of those bitcoins themselves is consistently increasing, then we may see even more widespread adoption of it and other cryptocurrencies.
Follow @contentjunkie to stay up to date on more great posts like this one.
Crypto has been around awhile, but this is THE BEGINNING OF THE BOOM! Moves like this puts us to the moon.
best is bitcoin nice post upvote you
Only a matter of time before bitcoin(or some form of cryptocurrency) infiltrates regular services and retail as a normal form of currency - I think paper and coins are dying out. - 20 years it won't exist, only digital currency will be around
This post has received a 9.15 % upvote from @booster thanks to: @contentjunkie.
This post has been ranked within the top 80 most undervalued posts in the second half of Aug 30. We estimate that this post is undervalued by $14.37 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 30 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
This post has received a Bellyrub and 11.12 % upvote from @bellyrub thanks to: @contentjunkie. Send SBD to @bellyrub with a post link in the memo field to bid on the next vote, every 2.4 hours. Be sure to vote for my Pops, @zeartul, as Steem Witness Hope you enjoyed your bellyrub!