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Uber Accepting Litecoin

Top 5 Businesses That Accept Litecoin Payments

Top 5 Businesses That Accept Litecoin Payments

is the second most valued digital currency on the market, only being bested by bitcoin. However, litecoin is not just a knock-off to the worlds first digital coin. It was intended by its developers to improve The main two differences that separates litecoin from bitcoin: 1) Litecoin processes a block every two and a half minutes, while bitcoin processes a block every 10 minutes. 2) Litecoin will total 84 million coins, unlike bitcoins cap of 21 million. digital currency continues to catch individuals and business owners by storm, as more businesses are accepting it as a form of payment. CoinReport has compiled a list of the Top 5 businesses that have begun implementing Litecoin into their finances. Top 5 Businesses that Welcome Litecoin Payments is the first Australian firm to accept both bitcoin and litecoin. The service specializes in film and multimedia production. The decision to welcome litecoin payments was made by the Australian companys director, Though not technically a business, Seans Outpost , a homeless outreach center, makes this list for its commitment to allow digital currencies like litecoin to help the local community. The Pensacola, Florida-based center has provided thousands of meals for the With the help of bitcoin and litecoin donations, Seans Outpost is able to provide sanctuary and do right by people. the center, which was established by Jason King in honor of his friend, is currently struggling as a massive flood has decommissioned day-to-day operations. The center is hoping to get more digital coin donations to assist the people living in the Satoshi forest. and his team remain positive and patient and hope that the digital coin community will help them get through this difficult time. New York-based eGifter has teamed with payment processor Go Continue reading >>

Confirmed: Uber Is Not Accepting Bitcoin Despite Shaky Media Claims

Confirmed: Uber Is Not Accepting Bitcoin Despite Shaky Media Claims

Confirmed: Uber Is Not Accepting Bitcoin Despite Shaky Media Claims After a user onimgur posted an image purportedly of someone representing Uberconfirming Bitcoin integration, various media outlets, including Bitcoinist , took the shaky claim and ran with it, statingthat Uber had confirmed that Bitcoin integration was imminent. Through some very basic journalistic techniques (we emailed and asked Uber directly) we can now confirm that Uber is not working on anything Bitcoin related at this time, or at least are not willing to talk about it. We spoke to Harry Porter, Ubers Communications lead for the UK, Ireland and Nordics. He first said that it seemed unlikely but would need to check with the U.S. team. A few hours later, he came back with a definitive statement on the matter. I can confirm that [the rumor that Uber will soon be accepting bitcoin is] not true. Update: Uber has replied with an even more definitive statement when asked if there was any long term plans to accept Bitcoin through BrainTree, stating No nothing at this stagemaking it as clear as possible that the Bitcoinist article is incorrect. This showcases the importance for serious media outlets of not simply accepting Reddit or imgur posts as fact and double checking your sources, rather than making bold proclamations based on anonymous internet usersposting easily modified images. The rumor that Uber will eventually accept bitcoin as a payment method has been floating around ever since its payment processor, BrainTree, stated that it would begin allowing merchants to accept bitcoin if they choose. Unfortunately, it appears that the dream of a Bitcoin-powered Uber has not yet been filled. While I dont enjoy being the bearer of bad news, it is important to note that artificially generated hype that fal Continue reading >>

Indian Self-drive Car Rental Firm Beats Uber In Bitcoin Adoption

Indian Self-drive Car Rental Firm Beats Uber In Bitcoin Adoption

Indian Self-Drive Car Rental Firm Beats Uber in Bitcoin Adoption Uber might be dithering about accepting Bitcoin payments, but an Indian car sharing firm has taken the lead. Uber might be dithering about accepting Bitcoin payments, but an Indian car sharing firm has taken the lead. It claims to have raised $10 mln in funds, accepts cryptocurrencies and is planning an ICO. A self-drive rental firm in India , Drivezy, has raised $10 mln in a combination of debt and equity from American and Japanese investors, including Axan Partners that have invested $5 mln for an equity stake in the company. The company has a fleet of over 1300 vehicles in four cities in India. A consortium of Indian banks and financial companies have subscribed to $5 mln of debt. The company is also coming out with an ICO , to raise 17,625 ETH (~$5 mln). The CEO and Co-founder of Drivezy, Ashwarya Pratap Singh, said: "Considering the rising cost of important assets and resources such as housing and transportation, I believe the future is a shared one. With the growing popularity of Bitcoin in India, we feel that this is the right time to open ourselves up to alternative means in the sharing economy. This ICO is a part of our vision to leverage the power of Blockchain to build an open, secure and transparent technology to globalize the Indian car sharing marketplace." An Indian firm planning an ICO raises several questions, primarily because cryptocurrencies operate in a grey area in India. Unlike regulators in the US , China or even Gibraltar , regulators in India have remained largely silent. So it comes as no surprise that the ICO of Drivezy will be launched in Japan and open to accredited investors only. That way, Drivezy can stay clear in case Indian regulators come out with sweeping regulations a Continue reading >>

10 Companies And Websites That Accept Litecoin

10 Companies And Websites That Accept Litecoin

10 Companies and Websites That Accept Litecoin In August, the popular ride-sharing service Uber hired a new CEO, Dara Khosrowshahi, who during his tenure at Expedia, Inc., introduced Bitcoin payments for hotel reservations at the companys websites. Uber accepts payments in Bitcoin and other cryptocurrencies through third-party vendors, but does not accept direct payments in Bitcoin. However, earlier this year, there have been rumors that the company is testing direct payments with Litecoin. If its true and Uber does become the first company to accept only Litecoin, it will be a massive win for the cryptocurrency. Copyright: adrianhancu / 123RF Stock Photo These are 10 companies and websites that accept Litecoin. The Litecoin community is growing and so does the number of merchants and companies that adopt it. While the number of companies and websites that accept Litecoin is smaller than Bitcoin, with the latters surge in price and popularity, its highly likely that the websites that accept Bitcoin will expand their cryptocurrency features and adopt Litecoin, Ethereum, and other cryptocurrencies. Continue reading >>

Litecoin (ltc) The Digital Currency You Can Now Pay Your Rent With

Litecoin (ltc) The Digital Currency You Can Now Pay Your Rent With

Litecoin (LTC) The Digital Currency You Can Now Pay Your Rent With No one likes a naysayer but at the same time, few can bear an eternal optimist either. This is why many people looking to buy Litecoin (LTC) are still biding their time, even as cryptocurrency think tanks like Cryptobuzz, announce that a four-figure Litecoin value might be just around the corner. Thankfully, as we head into 2018, there is more than just anecdotal evidence that a future Litecoin price prediction could see investors scoop hundreds, if not thousands in returns over the coming months. Image 1 Litecoin (LTC): New York Residents Can Now Pay Their Rent Directly With Litecoin Mainstream consumer adoption is the holy grail of any digital currency. This is why a December 1st announcement by rent payment app ManageGo is so exciting for Litecoin (LTC) especially. Responding to growing consumer demand for digital currency payment support, ManageGo will now allow renters in New York to start paying rent payments in either Bitcoin, Ethereum, or Litecoin. What is more, because Litecoin is currently the cheapest and fastest of the three digital currency offerings to transact with, its safe to assume that Litecoin will prove to be the preferred digital currency of choice among app users. Benefits of Litecoin Vs Regular Swift Based Payments The benefits of using Litecoin to pay for real-world serves is simple: In recent years, setting up direct debits has started to become a thing of the past, as the real world economy becomes more app based. The only problem? As weve seen with the likes of recent Uber, Chipotle, and even Samsung contact-less payment app hacks, trusting credit and debit card details to apps themselves can be inherently risky. Thankfully, direct in-app Litecoin and other digital currency p Continue reading >>

Coinbase Adds Support For Litecoin

Coinbase Adds Support For Litecoin

Ecobee is building Alexa into its thermostats and lightswitches Coinbase has just rolled out full support for Litecoin , its third cryptocurrency. Users will be able to buy, sell, send and store Litecoin from Coinbases website or mobile apps, using easy payment methods like a credit/debit card or PayPal. While Coinbase was founded as a platform to transact only with Bitcoin, the company has since announced its intent to addother cryptocurrencies with the broader goal of becoming a digital currency company. Last summer Coinbase added support for Ethereum , which is now the second most-popular digital currency with a market cap about one-third the size of Bitcoins market cap. At the time, the reasoning was that Coinbase saw Ethereums focus on smart contracts as a tangibleimprovement over Bitcoin, and not just anotheralt-coin that doesnt serve any real function. So why Litecoin? Interestingly, Litecoins creator, Charlie Lee , has been director of engineering at Coinbase for nearly four years. And while there were always ongoing discussions about adding Litecoin to the platform, they didnt really materialize until recently. Lee explained that its been a slowfew years for Litecoin. While the digital currency had a heyday in late 2013 with its price spiking to over $50 per coin and over $1 billion in total market cap, it quickly fell back to earth and basically remained flat for three years. If youre familiar with Bitcoinyou know that the community is facing an internal struggle with deciding how to scale the currency for the future.Essentially, Bitcoins original code wasnt designedto process this many transactions on a daily basis, and now the network is charging too much per transaction, whichtakes too long to confirm. Luckily thereare two main proposed solutions: Bitcoin Continue reading >>

Bitcoin's Price Is Skyrocketing. Even Uber Drivers And House Cleaners Want In

Bitcoin's Price Is Skyrocketing. Even Uber Drivers And House Cleaners Want In

Bitcoin's price is skyrocketing. Even Uber drivers and house cleaners want in A bitcoin symbol is displayed on a window of the offices of the bank La Maison du Bitcoin in Paris. The value of the digital cryptocurrency bitcoin soared past $16,000 on Thursday. A bitcoin symbol is displayed on a window of the offices of the bank La Maison du Bitcoin in Paris. The value of the digital cryptocurrency bitcoin soared past $16,000 on Thursday. (Chesnot / Getty Images) David Pierson , Andrew Khouri and Samantha Masunaga Contact Reporters Keith Ellisons first hint that bitcoin was poised for a breakthrough was over the summer when a friend planning her nuptials sent an unusual text. She wanted to know whether to accept the wedding bands offer of a discount in exchange for bitcoin, said Ellison, a Manhattan Beach investment analyst, who advised the friend to decline. Given the way bitcoins value was rising, there was no guarantee the friend would be able to afford the band when the bill eventually arrived. A lot of people are getting caught up in the mania, said Ellison, who bought one-third of a bitcoin in July for about $1,000 and has seen it appreciate more than five-fold. Even random wedding bands are encouraging people that likely know nothing about bitcoin to pay in bitcoin. Once the domain of technologists, libertarians and criminals, bitcoin has crossed into the mainstream, attracting interest from all walks of life with its soaring returns while reviving memories of the dot-com bubble of the turn of the last century. Bitcoin, a form of digital money unadministered by a central authority, shot past $16,000 apiece Thursday, up from about $1,000 at the start of the year. It was going for about $220 in early 2015 meaning anyone who invested a mere $13,000 in bitcoin back the Continue reading >>

Pro-bitcoin Expedia Ceo Picked To Run Uber

Pro-bitcoin Expedia Ceo Picked To Run Uber

Pro-Bitcoin Expedia CEO Picked to Run Uber Uber has reportedly chosen Expedia chief Dara Khosrowshahi as its new CEO. Under Khosrowshahis lead, Expedia started accepting bitcoin. He is also a personal investor in Bitcoin startup 21 Inc. Also read: Japans Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange Uber Technologies Inc reportedly chose Expedia CEO Dara Khosrowshahi as its new CEO on Sunday, according to two sources with knowledge of the matter. Bloomberg reported : Uber Technologies Inc. will appoint Expedia Inc.s Dara Khosrowshahi to run the global ride-hailing leviathan. Khosrowshahi began serving as the CEO of Expedia in August 2005, helping the company extend its global presence to more than 60 countries. Under his leadership, Expedia, Inc. has grown to become the largest online travel company in the world, his business profile shows.The Brown University graduate became the highest paid CEO in the S&P 500 in 2015, with compensation totaling $94.6 million, according to a report compiled by Equilar and the Associated Press. In March 2015, he personally invested an undisclosed amount in the $116 million Series B fundraising round for 21 Inc. In addition, his Linkedin profile shows that he is a member of the professional Bitcoin P2P Digital Currency group. If Khosrowshahi accepts Ubers offer, he would be replacing founder Travis Kalanick, who resigned after a shareholder revolt . At press time, he has not yet accepted the offer. During Khosrowshahis leadership, Expedia started accepting bitcoin on June 11, 2014. However, the option is only available for hotel bookings, which is still the case today. For flights, the only payment options are debit/credit cards and Masterpass currently. Bitcoin payments for Expedia are processed by Coinb Continue reading >>

Bitcoin: Uber Ceo Dara Khosrowshahi A Fan Of Cryptocurrency | Fortune

Bitcoin: Uber Ceo Dara Khosrowshahi A Fan Of Cryptocurrency | Fortune

Dara Khosrowshahi, who just accepted the top job at Uber, is known as a competent and easy-going executive who ran travel site Expedia with great success. Less well known is that Khosrowshahi was an early advocate of bitcoin. As Quartz notes, Expedia began accepting bitcoin way back in 2014. The decision to do so reflects a bold move by Khosrowshahi because, at the time, the currency was still considered controversial, and few other companies would go near it. This raises the tantalizing prospect that Khosrowshahi, whose background is in finance, will experiment with accepting digital currency on the worlds biggest ride-sharing platform. The idea of Uber accepting bitcoin has been floated before, though founder and former CEO Travis Kalanick never appeared to take a personal interest in it. This could change under Khosrowshahi, especially as there may be a strong use case for digital currency in some of the emerging markets where Uber operates. In these markets, where banking services are rudimentary and payment fees can be exorbitant, bitcoins advantagesespecially its tamper-proof transaction record and easy accessibilityare especially appealing. Its not far-fetched to see Uber, which did not immediately respond to a request for comment, using bitcoin-based services to let customers pay for rides and to transfer funds to drivers. Continue reading >>

Uber Selects Bitcoin-friendly Ceo

Uber Selects Bitcoin-friendly Ceo

Join our community of 10 000 traders on Hacked.com for just $39 per month. In a move which will undoubtedly help repair its image as a bro-friendly, illiberal outfit with no social conscience, Uber has replaced former CEO Travis Kalanick with Dara Khosrowshahi , an Iranian-American former CEO of Expedia with a long history of being favorable to Bitcoin. Back in November, 2014, while Khosrowshahi was still CEO of Expedia, they began experimenting with Bitcoin as we reported here at CCN. If the company held of the coin they made during that time, it seems evident they went on to appreciate assets by a great deal. Moving forward, is it possible we will see Uber adopt Bitcoin payments? While there are ways to use Bitcoin for Uber currently, many people would like to see the company integrate cryptocurrencies directly. Overstock recently announced that it would be accepting numerous cryptocurrencies. It seems that mainstream adoption is again on the rise with the extreme increases in the valuation of Bitcoin and all its cousin cryptocurrencies. The utility of a currency what it can do for its holder is often considered as important as its value. Without some form of liquidity, it doesnt much matter the valuation of a holding. One must be able to get the value some way. If people are able to deposit Bitcoin into an Uber account and then use it in their daily lives, especially during a time when the value of those bitcoins themselves is consistently increasing, then we may see even more widespread adoption of it and other cryptocurrencies. After all, at present, especially lacking really broad implementations of the Lightning Network , the Bitcoin network itself would not be best suited for things like tipping the Uber drivers. A prepaid version of Uber payments is likely the Continue reading >>

Litecoin Applications: Places To Spend Yourltc

Litecoin Applications: Places To Spend Yourltc

Home Cryptocurrency Litecoin Litecoin Applications: Places to Spend YourLTC Litecoin Applications: Places to Spend YourLTC Mohan Garikiparithi Profit Confidential 2017-12-10T07:00:14Z 2017-12-12 07:00:49 litecoin applications what is litecoin what is litecoin intrinsic value litecoin value litecoin for businesses litecoin for individual users how to spend your litecoin uses of litecoin who accepts litecoin top businesses who accept litecoin litecoin segwit litecoin blockchain explorer litecoin limitations litecoin future value ltc potential value litecoin market cap cryptocurrency market A brief description of the cryptocurrency, Litecoin, its business applications, individual applications and the places what it is accepted. Litecoin When people still ask me, What is Litecoin? Im surprised because the growth of Litecoin applications has been so spectacular this year, one would assume its a household name by now.Litecoin is a cryptocurrencyan Internet currency that enables a person to conduct an almost-instant and almost-free financial transaction with another person, anywhere in the world. In fact, with the Litecoin market cap at near $5.36 billion, it is one of the top 10 cryptocurrencies on the market. (Source: " Litecoin ," CoinMarketCap, last accessed December 4, 2017.) One question that seems to have no real answer is, What is Litecoins intrinsic value? The intrinsic value of Litecoin comes from the fact that it can be used in exchange for different products and services. Currently, Litecoin is accepted in a few select places in exchange for goods and services. As more retailers start accepting this cryptocurrency, the Litecoin value is bound to increase. In general, cryptocurrencies like Litecoin offer very good opportunities for business purposes. The reason man Continue reading >>

Will Uber Accept Bitcoin Payments?

Will Uber Accept Bitcoin Payments?

By Jack Delaney , Associate Editor, Money Morning Your email address will not be published. Required fields are marked * Sign me up for the Money Morning newsletter The new Uber CEO, Dara Khosrowshahi, led his last company to accept Bitcoin, but does that mean Uber will accept Bitcoin ? Uber accepting Bitcoin would be a win for cryptocurrency investors, as it would help make Bitcoin more mainstream. You see, Bitcoin still has a stigma as an underground currency associated with illegal activities. Bitcoin was used on the original Silk Road, an online black market for drug sellers and vendors of illegal products that operated between 2011 and 2013. The mainstream media made Bitcoin synonymous with illegal activity, but more businesses are starting to understand the benefits of accepting cryptocurrency payments. But as Bitcoin is accepted in the mainstream, demand will increase and prices can climb. And there are two serious benefits for businesses using Bitcoin, too The first benefit of accepting cryptocurrency payments is processing speed. It can be two or three business days before credit card payment funds are available to a business, according to Intuit. Instead of waiting days for a credit card transaction to clear, a business will have funds deposited to its account almost instantly through digital currency payments. The second benefit of cryptocurrency payments is security. In 2013, hackers obtained the names and credit card numbers of tens of millions of Target Corp. (NYSE: TGT ) customers. Target was forced to pay $18.5 million in settlements. But with digital currencies, a company wouldn't have to store a customer's data. Cryptocurrencies like Bitcoin are designed to keep personal information secure while publicly confirming transactions through an online ledge Continue reading >>

Uber Gets Early Bitcoin Advocate As New Ceo

Uber Gets Early Bitcoin Advocate As New Ceo

Uber Gets Early Bitcoin Advocate As New CEO Would Uber's stance on accepting Bitcoin be changed after appointment of Dara Khosrowshahi as its new CEO? Dara Khosrowshahi has been appointed as the new CEO of Uber , which has been without a CEO since the resignation of Travis Kalanick in June 2017. Would this result in Uber's stance on accepting Bitcoin changing? Dara Khosrowshahi, who became the CEO of Expedia in 2005, is seen to be an inspired choice for the job of Uber CEO. He built Expedia into one of the world's leading travel and technology companies. Expedia had announced that it would accept Bitcoin as a means of payment in 2014, which made it one of the earliest companies to accept Bitcoin as a means of payment. In 2014, Bitcoin was yet to become an established means of payment. The Mt.Gox fueled bubble of 2013 and the subsequent crash had made companies wary of Bitcoin. While it was possible to book air tickets using niche Bitcoin players like CheapAir and BTC trip, mainstream companies largely ignored Bitcoin. Expedia though took a brave decision to accept Bitcoins and other companies ranging from Dell to Rakuten joined the bandwagon. Bitcoin enthusiasts have always felt that Uber and Bitcoin had a natural fit and it was strange that Uber was resisting the adoption of Bitcoin as a payment method. Uber was started in 2009 (a year after Bitcoin was created) and has grown to become a global behemoth. Uber operates in multiple geographies and is dependent on credit card processors for a majority of its payments. If you use your credit card while traveling in Uber in a foreign country, you will incur a host of charges including charges for international usage, currency mark up, etc. If Bitcoin were accepted, all these could be avoided. While Uber does not directly a Continue reading >>

News About #litecoin On Twitter

News About #litecoin On Twitter

This timeline is where youll spend most of your time, getting instant updates about what matters to you. Hover over the profile pic and click the Following button to unfollow any account. When you see a Tweet you love, tap the heart it lets the person who wrote it know you shared the love. The fastest way to share someone elses Tweet with your followers is with a Retweet. Tap the icon to send it instantly. Add your thoughts about any Tweet with a Reply. Find a topic youre passionate about, and jump right in. Get instant insight into what people are talking about now. Follow more accounts to get instant updates about topics you care about. See the latest conversations about any topic instantly. Continue reading >>

Is Uber About To Accept Bitcoin Directly?

Is Uber About To Accept Bitcoin Directly?

Is Uber About to Accept Bitcoin Directly? More evidence is emerging that shows cryptocurrencies like Bitcoin are being accepted as a form of financial payment. So who's in line next? The most innovative of companies. Ex-Expedia CEO and Bitcoin-friendly Dara Khosrowshahi has landed the new CEO role at Uber - which is leading some cryptocurrency specialists to speculate that the ride-sharing giant will soon accept Bitcoin as a form of payment. As rumors go, there is a backstory that supports those claims - Khosrowshahi, as CEO at Expedia, allowed Bitcoin payments for the online travel site's hotel reservations division. While Uber is mum on the issue (it does accept Bitcoin payments from third party vendors, like CoinBase, but Uber does not accept direct crypto payments for its ride-sharing services), the rise of Bitcoin-friendly Khosrowshahi as company CEO does shine a light on the fact that more and more companies are accepting crypto payments for their products and services. "Our firm recently began accepting bitcoin payments," says Josh Rosenblatt, attorney at law at BlackLine Payments Advisors in Nashville. "We are a typically conservative, 500-plus attorney law firm. Given the number of our clients that are in the cryptocurrency space -- such as cryptocurrency hedge funds or start-ups that have launched their own tokens -- those clients prefer to pay in Bitcoin." BlackLine has company, with some firms even more open to accepting Bitcoin as payment. "Not only do we accept Bitcoin payments from clients, we [also] offer an 8% discount to clients that pay in Bitcoin," saysBrendan Gibson, a spokesperson at What About Wiki, a Wikipedia page development services company. "Since our team is spread out in Beijing, Hong Kong, Phoenix, and Chicago, we use Bitcoin to save time Continue reading >>

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