Among many things — fares, food delivery, stocks, etc. — the CEO said that Uber users will be allowed to pay fares in digital assets without disclosing an exact date. He added that there are “conversations all the time” about cryptocurrencies within the firm.
“I think right now what we see with Bitcoin and some of the other cryptos that they are quite valuable as a store of value,” Khosrowshahi said. “The exchange mechanism is expensive, it’s not great for the environment.”
Moreover, Uber’s CEO pointed out challenges such as pollution and the expensiveness of the exchange mechanism. He said “as the exchange mechanism becomes less expensive and more environmentally friendly” the company will “absolutely” go further with digital currencies, and they are “absolutely watching it [crypto].”
According to Khosrowshahi, it’s just a matter of time for Uber to accept crypto, but “this isn’t the right point.”
