"This started out with Bitcoin in particular as a potential alternative to the usual currencies that exist," he said, "one thing that is in some way favourable for the idea is some kind of universal type of money accepted by everybody without having to go through exchange rates. Thanasis Stengos is a professor of economics at the University of Guelph and he said that despite the increased interest in crypto, he doesn't see it becoming a more mainstream currency that governments will introduce any time soon. Investors in crypto specifically Bitcoin and Ethereum have recently seen their investments pay off and that continues to grow on the stock market. There is no doubt that after the explosion and success of Bitcoin that cryptocurrency and blockchain technology is becoming more mainstream. This outcome tallies over 45% of millennials globally, who are comfortable investing and transacting in cryptocurrencies.Īds by Cointraffic RELATED ARTICLESMORE FROM AUTHOR Peter Schiff Predicts Nightmare Bitcoin Crash If It Collapses Through These Vital Support Levels “The Best Time To Buy Is When Things Go Down,” Says New York Mayor On Bitcoin Dip El Salvador’s Government Is Providing Legal Cover For The Novel Bitcoin Bonds By Creating 20 Bills For Them A greater 74% of its users are between the ages of 18 to 44. In 2021, one-third of its users were between the ages of 24 and 25, with an additional 23% representing users between the ages of 35 and 44. While it is unclear if Chesky will permit only top industry players like Bitcoin and Ethereum or try to avoid volatility with stablecoins like USDT, USDC, Binance USD, and Terra or adopt other promising altcoins with an impressive use case like Solana, Cardano, and XRP or stick to the hype-filled memes coins like Dogecoin and Shiba Inu, many experts believe its decision will be largely informed by the resolve to offer better service and mitigate against the risk that comes with profitability.ĭemographically, Airbnb’s customer base is in perfect sync with the class of users ramping up cryptocurrency adoption rates across the globe. In response to his tweet, Chesky added that “crypto payments is inclusive of a variety of token ideas.” This gives hope that several crypto assets are currently under consideration. The quadragenarian billionaire replied and afterward took time to shrug off any hints of crypto averseness, stating that the current CEO of Coinbase once worked for Airbnb.Īdvertisement What Cryptos Are on Airbnb’s Table? Back in November, a cheeky Chesky had disclosed to Fox business that the company has received a lot of messages requesting crypto integration before the turn of the new decade. The outcome of the poll will mark the umpteenth time Chesky is confronted with a barrage of requests for crypto payment options. The results reveal thousands of valid suggestions, with the top 7 being:Īdoption and integration of crypto paymentsClear pricing displaysEffective visitor loyalty programUpdated cleaning feesLonger stay plans and improved discounts Satisfactory customer serviceCommercial co-working spaces ( kitchens, recording studios, tech hubs). The planned crypto adoption will follow the likes of AMC Theatres, which now accept payments for movies in Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH), and Shiba Inu (SHIB).Ĭhesky, on Monday, threw open a suggestion poll on Twitter to find out what areas of service esteemed Twitter users and customers of the peer-to-peer rental giant would like the company to improve. Co-founder and CEO of Airbnb, Brian Chesky, has confirmed that his company is already underway with plans to integrate crypto payments into its platform.
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