Airbnb Explores Crypto Payments — CEO Sees ‘a Revolution Happening in Crypto’ – Featured Bitcoin News

Brian Chesky, CEO at Airbnb, suggested that the popular website could accept cryptocurrency payments. “Like the revolution in travel, there is clearly a revolution happening in crypto,” he added.

Airbnb’s CEO Says ‘There Is Clearly a Revolution Happening in Crypto’

The CEO of Airbnb, Brian Chesky, asked on Twitter earlier this week, “If Airbnb could launch anything in 2022, what would it be?”

He revealed Tuesday that he had received over 4,000 suggestions. The most requested was for the company to accept cryptocurrency payments. He added, “Our existing payments volume = $336 billion processed since 2013,” noting:

A variety of tokens are included in crypto payments.

Other top suggestions include clear pricing displays, a guest loyalty program, updated cleaning fees, more long-term stays and discounts, better customer service, and “commercial spaces (kitchens, co-working).” While specifically confirming that Airbnb is looking into commercial spaces, the CEO noted:

One of my projects is complete.

Airbnb is an online platform for the travel industry. Airbnb claims that more than 560,000 listings are available worldwide. Airbnb launched its service in 2007. More than 1 Billion customers have used the site. Over 4 Million hosts have registered their properties.

The current payment options Airbnb offers in most countries are Visa, Mastercard, Amex, JCB, and “debit cards that can be processed as credit cards.” Apple Pay, Google Pay, and Paypal are also accepted. At the moment, cryptocurrency cannot be used as a payment method on Airbnb.

Chesky was asked by Chesky in November 2017 if Airbnb would accept cryptocurrency. He responded:

We are definitely looking into it. Absolutely. As with the revolution in travel and crypto, it is evident that there are revolutions happening in cryptocurrency.

Noting that “The founder of Coinbase was an early employee of ours,” Chesky revealed, “We have been following the space for quite a long time.”

The executive further opined: “The key is when regular people understand how the new technology improved their lives, beyond the initial excitement. I’m really excited about certain applications that regular people could use to live a better daily life.”

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Kevin Helms

Kevin, a student of Austrian Economics and evangelist since 2011, discovered Bitcoin. His main interests are in Bitcoin security, open source systems, network effects, cryptography, and intersections between economics, cryptography, and Cryptography.

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