Uber Revives Crypto Payment Plans—Again—After Earlier Bitcoin Flirtation Fizzled
Ride-hailing giant Uber is circling back to cryptocurrency payments—years after first dabbling with Bitcoin as a fare option. The move signals another corporate toe-dip into crypto's volatile waters.
Why now? Speculation points to pressure from fintech rivals and a grab for millennial wallet share. Or maybe they just remembered those 2017 Bitcoin transaction fees would've been cheaper than today's surge pricing.
One thing's certain: When legacy firms 'reconsider' crypto, it's usually after the hype cycle peaks—not before. Smart money? Watch whether they actually integrate wallets or just issue another press release.