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After Expedia, Uber May Start Accepting Bitcoin In Payments.

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Post Expedia, Uber  May Be The Latest Launchpad for Bitcoin.

Dara Khosrowshahi the ex-CEO of Expedia and a thorough Bitcoin enthusiast has recently been appointed as the CEO of Uber, the ride sharing giant. This has led to widespread speculations about the collaboration of Bitcoin powered payment mechanism into Uber’s architecture. Khosrowshahi has been the mastermind behind ushering in Bitcoin based payments into the online hotel booking portal of the travel website Expedia. Thus its very natural for market watchers to be speculative about Uber’s future line of action.

Uber accepts Bitcoin based payments from third party vendors such as”http://kryptomoney.com/latest-bitcoin-news-coinbase-bitcoin-startup-unicorn/” target=”_blank” rel=”noopener noreferrer”> Coinbase. However it has not yet flown the crypto flag over its ride sharing service spectrum. The rise of Khosrowshahi to the CEO’s chair has set tongues wagging over a possible merger of ideas into the automobile service sector although Uber officials have decided to stay mum.

Off late a large number of established companies have been warming up to the idea of Bitcoin revolution. Nashville based law firm BlackLine Payments Advisors have recently started accepting Bitcoin payments. With more than 500 employees running the show, this orthodox minded firm has opened the floodgate to cryptocurrency wave due to its large number of clients who feel more at ease while operating in crypto space. Staring from hedge funds to start-ups having their own set of exclusive tokens, such clients would any day choose digital currency over hard cash.

Also Read: Top Global Companies accepting Bitcoin

What About Wiki spokesperson Brendan Gibson says that other than accepting Bitcoin based payments, they also offer a discount of 8% to clients who choose the Bitcoin payment mechanism. With a team which is spread out over Hong Kong, Beijing, Chicago and Phoenix, Bitcoin brings down cost and ushers in time efficiency as the new payments world is a safe haven from the ridiculous bank fee structure.

E-commerce sector has not yet been properly infiltrated by the Bitcoin virus as small stores rely on traditional e-commerce platforms such as Shopify and larger ones prefer coming up with their own as they see Bitcoin as an added hassle caused by the lack of proper governmental regulation.

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