Business and Technology

Uber will accept Bitcoin as payment

Uber Technologies Inc. will one day join the likes of Microsoft Corp. by accepting Bitcoin as a payment option on its app. Dara Khosrowshahi, the chief executive officer, said Uber will accept cryptocurrencies “at some point” in the future.

“This isn’t the right point,” he said Friday in an interview on Bloomberg Television.

Khosrowshahi cited the cost of exchanges, which can carry high transaction fees, and the environmental impact of digital mining on the energy grid as reasons for why Uber has not yet incorporated the technology.

“We’re having conversations all the time,” Khosrowshahi said. “As the exchange mechanism becomes less expensive and becomes more environmentally friendly, I think you will see us leaning into crypto a little bit more.

Source: mybroadband

In other news – Maps Maponyane not looking forward to Valentine’s Day

While many may have thought that heartthrob Maps Maponyane is enjoying his bachelor lifestyle, it seems the star may be lonely, particularly during this “love is in the air” period.

Maps Maponyane

Judging by his latest post, the former “Top Billing” host turned businessman is feeling slightly sad that he’s flying solo again this Valentine’s Day. Learn more

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