Will Airbnb accept cryptocurrency payments?
On Monday, January 3, 2022, Airbnb CEO Brian Chesky tweeted a poll to his roughly 400,000 followers, asking what they want from a rental platform in 2022. Probably, this concern in the crypto technologies indicates that Airbnb is talking about accepting crypto as a means of payment. Chesky claims to have received over 4,000 brand-new solutions. However, the opportunity to pay in cryptocurrencies arrived first in Top-6. In addition, Chesky noted that the platform’s cryptocurrency payment choices will not be limited to one or two coins.
Moreover, Brian Chesky stated that the majority of respondents would like to pay for their home or apartment on Airbnb with bitcoin (BTC) or other popular digital currencies. Other demands included clear pricing displays, a visitor loyalty program, reasonable cleaning prices, and better customer service. This gives us reason to believe that cryptocurrency will continue to rise in the future. People’s awareness of the industry, on the other hand, has grown in recent years. This increase in digital money is attributable to technological advancements and the world’s ongoing shift toward the usage of decentralized finances.
Important to note that the administration of Airbnb is cryptocurrency-friendly. In an interview with The Verge in November, Airbnb CEO Brian Chesky stated that he was exploring the issue of tokens and meta-universes. According to him, the service and the cryptocurrency business might have a tight partnership based on trust principles. Chesky suggested the potential of including cryptocurrencies as a payment method on the site back in September. However, he stated at the time that he was not prepared to address the matter further.
Previously, in an interview at the end of December of 2020, Brian Chesky discussed his vision for the future of the cryptocurrency market and the meta world, as well as their relationship with the tourism industry. He said that, despite widespread speculation, Airbnb would not be introducing the opportunity to pay for its services in cryptocurrency anytime soon. Despite Chesky’s statement, this alternative cannot be neglected. Airbnb cites blockchain, artificial intelligence, virtual and augmented reality, and cloud technology as technologies that would be important in the future.
The increased desire for cryptocurrency payment alternatives is one of the tourism industry’s demands. The most popular cryptocurrency, Bitcoin, presently has a high value and has surged several times. Such elements allow the market to grow further. Since the growth of the main currency is dependent on the growth of all other coins, the value of all altcoins will rise. Various key moments might impact the popularity and growth of the digital money industry. All of them have a direct or indirect impact on the financial component and govern the rise and fall of interest in this monetary unit.
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