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Uber denies acquisition of bitcoin but could evaluate it as a payment method

Dara Khosrowshahi, CEO of Uber, confirmed on January 11 that they could consider accepting bitcoin (BTC) as a payment method in the future, but flatly rejected the acquisition of the currency by the company.

The senior executive expressed during an interview with the US chain CNBC that, “just as we accept all types of local currency, we are going to evaluate the use of bitcoin and other cryptocurrencies to carry out transactions.”

In that sense, Khosrowshahi assured that if there is a benefit and there is a need on the part of the users, they could accept it, although he made it clear that they will not do it as part of a promotion .

What the CEO rejected was the option to buy bitcoin . “We have discussed the option of acquiring bitcoin but it has been immediately ruled out, we are going to keep our cash safe.”

He argued that Uber is not in the business of speculation , since “the advantage of our company is in the business we build.”

Uber is an American company with a presence in more than 15 countries, which provides its customers internationally with transport vehicles with driver, through its mobile application software. It also has a service called Uber Eats, an online platform for ordering food at home.

In 2015, Argentine Uber users were able to pay for their services in bitcoin thanks to a alliance between the company and the Xapo wallet. This benefited Uber customers in the South American country, since credit cards did not allow making payments to this company, by order of the government.

The Tesla effect in large corporations

Something that has become recurrent in the media, is speculation about which companies may follow in the footsteps of electric car factory Tesla, which recently acquired $ 1.5 billion in BTC. The company belonging to Elon Musk, said that this acquisition is due to a update of its financial policies .

Something similar is being evaluated in the microblogging company Twitter . CriptoNoticias recently reported that they could be the next to ride the bitcoin wave. The company’s CFO, Ned Segal, indicated that they are considering making an investment in the cryptocurrency, although they have not yet made a decision or taken any step in that direction.

This media also reviewed the report from RBC Capital Markets, where there was speculation about the entry of the technology giant Apple to the bitcoin market . The firm estimates that if Apple offers a platform to buy and sell bitcoin, it would be faced with the opportunity to earn around USD 40 billion annually.

The commotion caused by the purchase of BTC by institutional investors since 2020, has been so great that they are attributed the growth that the price of bitcoin has experienced, reaching USD 48,000.

Even some players in this industry believe that it could reach a price of between USD 150,000 and USD 400,000 in 2021, as is the case of the CEO of exchange Binance, Changpeng Zhao.

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Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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