Airbnb investigates crypto funds – CEO sees “a revolution in crypto”

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The popular travel website Airbnb could soon accept cryptocurrencies for payments, CEO Brian Chesky has indicated. “Like the revolution in travel, there is clearly a revolution taking place in cryptocurrency,” he added.

Airbnb CEO Says “There Is Clearly A Revolution In Crypto”

Airbnb CEO Brian Chesky asked on Twitter earlier this week, “If Airbnb could bring something to market in 2022, what would it be?”

On Tuesday, he announced that he had received 4,000 suggestions and noted that his company is the most popular accepting crypto payments. He added, “Our existing payment volume = $ 336 billion processed since 2013,” noted:

Crypto payments involve a variety of token ideas.

Other top suggestions include clear price displays, a guest loyalty program, updated cleaning fees, more long-term stays and discounts, better customer service and “commercial space (kitchens, co-working).” The CEO explicitly confirmed that Airbnb is looking for commercial space, but stated:

Most are already working, others will now examine.

Airbnb operates an online marketplace in the travel industry. According to its website, there are currently more than 5.6 million listings worldwide. Since its launch in 2007, Airbnb has served more than 1 billion customers and more than 4 million hosts have listed their properties on the platform.

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. Cryptocurrency is currently not a payment option on Airbnb.

Chesky was asked last November if Airbnb was considering accepting cryptocurrencies. He answered:

We’ll definitely check it out. Absolutely. Like the revolution in travel, there is clearly a revolution taking place in cryptocurrency.

“The founder of Coinbase was an early employee of ours,” revealed Chesky: “We’ve been following the room for a long time.”

The executive went on to say, “The key is when ordinary people understand how new technology has improved their lives beyond the initial excitement. I’m really excited about certain uses that normal people can use to lead better daily lives. “

Tags in this story

Accept Bitcoin, Accept Cryptocurrency, Airbnb, Airbnb Bitcoin, Airbnb CEO, Airbnb Crypto, Airbnb Cryptocurrency, Bitcoin Revolution, Crypto Revolution, Travel Industry, Vacation Rentals

Do you think Airbnb will soon be accepting cryptocurrencies? Let us know in the comment section below.

Kevin Helms

Kevin, a student of Austrian economics, found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.

Photo credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement for any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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