According to Binance’s CEO, cryptocurrency technology will become a part of everyday life over the next decade, including when using Uber.
CRYPTO WILL BE EVERYWHERE
The past couple of years in the crypto space have been likened to the mid-1990s before the internet went mainstream. People didn’t have email accounts because they didn’t know what they were, or how to use them. Today, email has been usurped by hundreds of different social messaging platforms.
Crypto is a little like this in that it is not that easy to use unless you’re tech minded, and very few people really know what it is.
Binance recently released its 2020 message for building a future on crypto, and in it are some wild but highly plausible predictions. CEO Changpeng Zhao likened 2019 to building the foundations of a house. He acknowledged that the year has been a tough one and a lot of this work is unseen.
Most of the report was focused on company achievements and plans for 2020, but the final section on the future of crypto had some interesting predictions.
By 2030, not only will blockchain and crypto still be around, they will be everywhere. Crypto will be used to pay for self-driving versions of Uber. Crypto will be used to buy things from half a world away and have them delivered to you via drones.
The Uber reference in particular is thought-provoking, as the two go hand in hand. Crypto payments for autonomous vehicles are the perfect match.
WHEN UBER?
Uber has massively disrupted the way people travel. Ride hailing was first with the maiden trip across San Francisco in July 2010. The business then morphed into freight, food deliveries, and self-driving vehicles.
According to reports the company is facing a bit of a crisis at the moment with a $29 billion market cap loss since it went public in May. It may need to reinvent itself and one way to do this would be to embrace cryptocurrencies.
The company is already familiar with crypto having paid a ransom in bitcoin following a hack back in 2017. Currently the firm remains reluctant to delve into digital currencies although some drivers will accept them.
Considering that the demographics of Uber’s customer base are younger, they are more likely to hold or be involved in crypto assets than older generations. The nature of micro-payments for low cost services also makes crypto more suitable than costly credit cards.
Some drivers already If and when Uber finally embraces crypto payments, all of its competitors are likely to follow which will be the first major step in mainstream adoption.
When will Uber finally accept crypto payments? Add your comments below.
Images via Shutterstock The post appeared first on Bitcoinist.com. origin »
After much hype, Ripple CEO Brad Garlingouse’s interview with Morgan Creek Capital’s Anthony Pompliano released that covers everything from Garlingouse’s time as SVP at Yahoo running Communications Division and President of Consumer Applications at AOL to all the hard questions about Ripple and XRP.
Калифорнийский производитель аппаратного и программного обеспечение для майнинга криптовалюты Coinmine привлек дополнительные $2,5 млн в ходе посевного раунда финансирования. Об этом компания сообщила в пресс-релизе на своем сайте.
You may have heard of the Fold app, which is a crypto payments feature launched in February for buying Dominos pizzas using the lightning network. Well now, Fold is now providing cash-back rewards in the form of the king cryptocurrency to consumers who use the mobile app for buying goods and services through Amazon, Uber, […]
The Threat of Libra Around one month ago, Facebook unveiled Libra — its first consumer-facing sortie into the crypto and blockchain world, which has been backed by VIsa, Spotify, Mastercard, PayPal, Uber, Booking Holdings, and.
The cryptocurrency space witnessed a growing curiosity among retail giants this year. Interestingly, there have been a growing number of firms seeking to build a channel between the crypto world and the e-commerce field.
By CCN Markets: Bitcoin is up more than 151 percent against the U. S. dollar year-to-date at $9,300, surpassing most assets and stock indices in the likes of Nasdaq 100 and S&P 500 with ease in six-month performance.
Let’s investigate Mark Zuckerberg and his plot for world domination and India’s latest Anti-crypto bill. First, we are going to talk about my boy Marky Mark and his latest new scheme of trying to get into the crypto orgy fest.
Another week, another round of Crypto Tidbits. It would be fair to say that the past seven days for Bitcoin (BTC) and its ilk have been rather spectacular. Aside from mostly bullish price action, which brought the cryptocurrency to $8,650 for the first time in weeks, instrumental industry developments were numerous.
By CCN Markets: When it comes to what’s gone wrong with Big Tech, the only surprise you would expect is if Facebook was missing from the list. From data privacy violations to aiding genocide to enhancing the spread of fake news, the social media giant has become a global ignominy.
In the lead up to Facebook’s official cryptocurrency reveal, the social media titan has signed up gigantic backers for its “Project Libra” as well hiring senior UK bank lobbyist, Ed Bowels. This, according to reports from The Wall Street Journal (WSJ) on June 13, 2019, and the Financial Times.
Facebook has reportedly enlisted the help of industry heavyweights to support its up and coming crypto asset. This, it hopes, will answer concerns over privacy and centralization. The list of names includes Uber, Stripe, Visa, Mastercard, and Booking.
Visa, Mastercard, PayPal, Uber and others have allegedly each invested around $10 million in a governance consortium for Facebook’s forthcoming cryptocurrency
By CCN Markets: Facebook has managed to lure some big names to support its cryptocurrency endeavor. According to a report in the Wall Street Journal, payment giants Visa and Mastercard in addition to PayPal and Uber have all jumped onto Mark Zuckerberg’s crypto bandwagon.
With Facebook set to release details regarding its cryptocurrency, GlobalCoin, the project has received major backing from Visa, Mastercard, PayPal, and Uber, which will each invest $10 million and become part of a consortium that will govern the coin.
By CCN: Weixing Chen, the founder and CEO of Kuaidi Dache, a Chinese taxi-hailing application, has expressed his concerns about crypto assets like EOS in a statement published on Weibo that prioritize scalability.
Yesterday we wrote an article about Bitcoin. It’s out of date. We noted that the digital asset had climbed past the $6,000 mark. We apologize: but since most of our staff are busy at Ethereal Summit and Consensus in New York, we don’t have enough writers to create a really in-depth analysis of the few […]
The post Way, Way Beyond Meat (Or Uber): We Can’t Keep Up With Bitcoin’s Stunning Ascent appeared first on Crypto Briefing.
You have probably heard about the Uber Initial Public Offering (IPO), which is going to start this week. Uber, the largest driving service in the world, has decided to go public and it looks like you will be able to use Bitcoin to invest in the company, which just shows much Bitcoin has penetrated in […]
Uber Technologies Inc. expects a valuation of about USD 100 billion when listed on the New York Stock Exchange. Large IPOs such as Uber’s and others could bring spectacular benefits to the crypto industry.
After multiple private funding rounds over half a decade, the San Francisco-headquartered Lyft, the world’s second largest ridesharing startup, took to the Nasdaq on Friday after months of media hype.
Blockchain superstar and Bitcoin. com CEO Roger Ver aka 'Bitcoin Jesus' is now an advisor to Liven, the Australian startup with ambitions to bring crypto to the real world starting with being the international currency of cuisine.
Voyager, a brokerage startup that helps users easily find the best prices for Bitcoin and other crypto assets, has gone public in Canada on the Toronto Venture Exchange (TSX-V) through a reverse merger reportedly worth $60 million.
Former employees Uber and E*TRADE have been working to develop a cryptocurrency brokerage startup, which is being called Voyager. According to a recent publication, Voyager has is now going to be publicly available on the TSX Venture Exchange in Canada.
This is the seventh instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4, on Day 5 and on Day 6.
CoinSpeaker
New Crypto Security Trading Platform Set to Tokenize Shares of Uber, Airbnb, and Space X
Zilliqa and MaiCoin, are launching a new fully regulated token exchange in Singapore that will allow tokenization of the existing shares.
This is the fifth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4 and on Day 5.
Go-Jek, a fast-growing Indonesian ride-hailing startup, made a significant investment on January 18, 2019, in Coins. Ph, which began as a crypto exchange service but has since diversified to a mobile wallet service offering various features for its five million registered users.
This is the fourth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 and on Day 3.
This is the third instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 and on Day 2.
This is the second instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him on Day 1 here. I woke up on Christian’s couch stiff-necked and cotton-mouthed.
“The point is to get people to think about bitcoin, not spend it. I don’t think it’s good for that. It’s not meant to be used like cash,” Jeremy Gardner, founder of Ausum Ventures, advised me.
In Thursday’s installment of The Daily, we report on a highly anticipated stablecoin project that’s failed before it’s even launched, and explore the strangely centralized world of crypto Twitter.
Cryptocurrency exchange Coinbase has started the 12 Days of Coinbase program where it will make a new announcement on each day. On the first day, the exchange announced that users in the US can now convert their digital currencies into e-gift cards that can be spent with Uber, Nike, and other top brands.
As all cryptocurrency and digital asset markets remain uber bearish, exploring arbitrage opportunities becomes all the more important. Everyone wants to either make money or try to save their portfolio by securing other revenue sources.
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory.
It wasn’t that long ago that Artificial Intelligence (AI) was a distant dream. But automated vehicles are around the corner. Uber cars send data to the company’s research labs, to teach robots to drive.
Currently, most of the giant cloud services providers, such as Google Cloud and Amazon Web Services (AWS), are testing and rolling out various sorts of blockchain applications. Last month, Google unveiled a free analytics tool that allow anyone to explore the Ethereum (ETH) network.
The recent market upheavals did not seem to dampen institutional investor interest in the cryptocurrency industry. With the anticipated spike in demand for crypto assets, crypto firms have been busy lately in gearing up their operations for their growing list of institutional clientele.
Despite a multi-month bear market, institutional investor interest in digital assets continues to take rise. To meet increasing demand, crypto-asset broker Voyager is launching a new, institutional division.
LinkedIn has been keeping its finger on the pulse of the United States’ most thriving startups, and crypto organizations are showing tremendous signs of life — and growth.
It doesn’t seem like the transportation industry could be completely disrupted by cryptocurrencies like Bitcoin. Of course, the idea of both Lyft and Uber dominating local transportation industries across the globe seemed laughable a decade ago too.
Matt Liu, Josh Fraser and former PayPal head Yu Pan want to bring the blockchain to the sharing economy. The trio is devising a platform with an emphasis on inclusive, peer-to-peer service hubs designed to decentralize the same consumer cost-friendly business models that have made companies like Airbnb, Uber and Lyft so popular in recent years.
Calgary, AB, Canada: After 6 months of stealth mode, today Bidali announced the launch of Bidali Gift Cards, a quick and easy way to spend cryptocurrency at over 120 top brands like Uber, Apple, Walmart, Best Buy, Microsoft, Amazon and Nike from all over North America.
Everyone should invest in cryptocurrency states Jeffrey Wernick, a stakeholder in Airbnb and Uber. This opinion is backed by his view on the validity of cryptocurrency as a medium to store a value in an interview with the Business Insider.
Jeffrey Wernick, an accredited investor and an early stakeholder in Uber and Airbnb, arguably two of the most successful technology startups created in the past decade, believes everyone should invest in crypto as an alternative store of value.
The zero-fee trading model was advanced by Robinhood, and now a new entrant is seeking to snatch the crown. Voyager, backed by some renowned tech investors including an Uber co-founder, will offer at least 15 cryptos to trade on its platform, giving it an edge over Robinhood which only offers five. Seizing the Opportunity Having
Silicon Valley and big tech firms are increasingly losing talents and high-profile individuals to the greener pastures of the crypto industry.
The post Why this top CTO ditched Uber, Facebook for NFTs on Solana appeared first on CryptoSlate.
Uber «определенно» будет принимать платежи в криптовалютах в будущем. Об этом заявил CEO компании Дара Хосровшахи в интервью Bloomberg.
По его словам, в Uber постоянно ведутся разговоры на эту тему.
Ветеран Uber CBO и Goldman Sachs Брукс Энтвистл присоединился к Ripple. Бывший главный коммерческий директор Uber Брукс Энтвистл присоединился к Ripple для масштабирования операций блокчейн-компании в регионе Юго-Восточной Азии.
Kraken head Jesse Powell has made an unprecedented prediction that bitcoin could reach $1M in value. Powell on Bitcoin’s Future Potential The CEO, who is bullish on the world’s most known crypto, stated that BTC enthusiasts agree that digital assets will eventually replace fiat currencies.
Leading cryptocurrency Bitcoin has achieved a significant milestone as it crossed the $50k mark for the first time today. The recent bullish run has been buoyed by a recent investment from institutions in February.
