Uber, Twitter Angel Investor Explains Why Bitcoin Is So Important
Bitcoin has undergone strong volatility this year as the pandemic has rocked markets. While this volatility has turned many off to this space, some say that the ongoing macroeconomic and geopolitical trends make Bitcoin more important than ever before. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Is So Important […]
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Uber has denied that it is currently integrating bitcoin as a payment option for its on-demand mobile ride-sharing services. Suspicions regarding a potential announcement first began to circulate on social media yesterday after a user posted a cryptic interaction with one of the company's help desk representatives to Reddit. The text of the message suggested that Uber was "currently making bitcoin work" for the service, but offered few supporting details. However, a representative for Uber indicated that such assertions were unwarranted, telling CoinDesk flatly: "This story isn't true."....
At CoinSummit San Francisco on Tuesday, 25th March, CoinDesk founder Shakil Khan moderated a discussion with angel investors centered on investing in the digital currency ecosystem. Panelists included Ben Davenport, creator of the software that became Facebook Messenger and a bitcoin angel investor; and Naval Ravikant, founder of AngelList and an accomplished writer who has called the untapped power of the Bitcoin protocol an Internet of money and a replacement for Wall Street. In the digital space, it can be difficult for investors to decide whether to put money into a related company as....
Uber is still standing strong in Argentina, despite months of being denied credit and debit card service, in part thanks to Bitcoin. According to Franco Amati, co-founder of the Latin American Bitcoin Conference, Uber is still holding on despite resistance from government. Amati says: “Uber is fighting the blockade, sometimes Uber changes the place from where it is charging the payment, and local cards work again, but then the government blocks them again.” To fuel the use of cards that are not so easily shut down, Uber is incentivizing prepaid cards, according to Amati. He explains to....
It is important to keep in mind Uber Argentina is not actively endorsing Bitcoin payments at this stage. There has been a lot of talk about whether or not Uber is suddenly accepting Bitcoin payments in Argentina. One of the company’s tweets seemed to indicate this change, albeit any official reference to has been removed ever since. Moreover, there was an email sent out to Xapo users further confirming using Bitcoin through Uber Argentina. For quite some time now, people have been wondering if and when Uber would start accepting Bitcoin payments. Considering how this ride-hailing....
Xapo, a bitcoin wallet that claims the largest capitalization in the bitcoin industry and a reputation for not fearing controversy, has jumped into Argentina’s battle with Uber by allowing Uber Argentina to accept Xapo card payments. Uber sent a tweet on July 3 saying “Pay your trips with Bitcoin! Loading your card @Xapo obtains a $ 30 discount on your next trip without code.” Xapo: No Official Statement. Xapo has not made an official statement on the offer yet, but it did email some customers about the partnership, according to razorsforex. Xapo provided discount codes for riders to use....