One day, you may be able to pay for yourUberwith Bitcoin.
Or, at least, thats what Dara Khosrowshahi, the companys CEO, toldBloomberg.
Thissoundsgood, but if you ask me?
Its nothing but a marketing stunt.
I love the wording here.
It also reminds me of my own recurring statement to my friends:Illdefinitelyenroll at a gymat some point.
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And, between you and me, its probably not happening any time soon.
Coming back to Uber, why isnt now the right point to start accepting crypto?
Indeed, these are solid reasons.
Lets not forget the cryptocurrencys volatility either.
On Friday afternoon, a single Bitcoin was worth$42,628.
In November 2021, it hit an all-time high of$69,000.
This fluctuation doesnt make it an ideal payment tool.
Heres the kicker: Khosrowshahis reasons not to accept Bitcoin are unpredictable.
Elon explained users can pay with the cryptocurrencyonly whenaround50% of Bitcoins energy use is supplied by renewable sources.
Well, at least he gave some specifics unlike Uber.
In the meantime, Musk thought of another way to use crypto to attract media coverage: Dogecoin.
Its nowaccepted for some merch in Teslas online store.
And it has many reasons to do so.
For reference, Ubers market value is nowdown 21.3%over the last year.
Yes,I know.
Im actually helping Uber by writing these words.
But what can you do?
I simply couldnt resist.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
