Uber Plans To Accept Cryptocurrency Payments As Soon As It’s More Eco-Friendly
Uber CEO Dara Khosrowshahi has said in a recent Bloomberg interview that the ride-hailing service would “absolutely” accept cryptocurrency in the future, though he plans to wait till it becomes more eco-friendly.
“We are having conversations all the time [about cryptocurrency]. I think right now what we see with Bitcoin and some of the other cryptos is that they are quire valuable as a store of value,” Khosrowshahi said.
“As the exchange mechanism becomes less expensive, becomes more environmentally friendly, I think you will see us lean into crypto a bit more,” he added.
According to Decrypt, this isn’t the first time Uber has expressed interest in cryptocurrencies.
It indicated last year that it was “going to look at cryptocurrency and/or Bitcoin in terms of currency to transact,” but has yet to instate it as an accepted form of payment.
It seems the app isn’t the only one concerned with the environmental impact of accepting payments in cryptocurrency, as Engadget noted Tesla halted its Bitcoin payments till “mining transitions to more sustainable energy.”
As cryptocurrencies, especially Bitcoin, gain more traction in the mainstream, could there be a push for more eco-conscious approaches to mining? Perhaps only then will it be a more widely-accepted form of payment.
