Uber Plans To Accept Cryptocurrency Payment
By Marielle Petere
Uber will accept cryptocurrency as payment option in the future.
Uber, American mobility as a service company, announced its plan to accept cryptocurrencies in the future as a form of payment on its app.
CEO of Uber, Dara Khosrowshahi, has officially confirmed to accept digital currencies “at some point” in the future.
Uber CEO talking about crypto payment
On Friday, Khosrowshahi said in a Bloomberg Television interview that they are having conversations all the time about the matter.
“As the exchange mechanism becomes less expensive and becomes more environmentally friendly, I think you will see us leaning into crypto a little bit more,” he added.
However, Khosrowshahi stated, “This isn’t the right point.” He pointed out the reason why Uber has not taken into cryptocurrency yet.
First, it is due to the current high transaction fees; second is the environmental issues about crypto mining.
Company’s positive expectations by 2024
Moreover, Uber has an ambitious outlook for the next two years. The company is expecting $5 billion of adjusted earnings by fiscal 2024, according to a report.
Khosrowshahi also mentioned on Thursday during investor day that the company has “the musculature and the data structure”. It aims “to effectively able to cross our audience through a number of different experiences.”
By 2024, Uber expects gross booking from $165 billion to $175 billion. According to Chief Financial Officer Nelson Chai, the company claims cash flow positive by the end of 2022.
New Global Currencies
New Resistance Global Currencies that support Independent Media and are against the “Great Reset” –
Our World Coin, a force for good and a peaceful revolution, is built to save humanity from the Globalists deadly Great Reset Totalitarian Agenda.
Bitcoin 2.0 is a new cryptocurrency that is looking to innovate the Global Payment System. It is backed by real value in independent media news sites & networks.
Truth Coin, a platform that’s free from Globalists’ control, and will not support the Great Reset Agenda or the vaccine digital passport. This enables everyone to support and benefit from building a better world, by the people for the people, a force for good.