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Airbnb CEO Hints Payment with Crypto

Airbnb CEO Hints Payment with Crypto

Aaron S. Editor-In-Chief
Written by Aaron S.,
Editor-In-Chief

✓ Fact Checked

Last Updated: January 05, 2022

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Airbnb CEO Hints Payment with Crypto

After asking for suggestions on Twitter, Brian Chesky, CEO of Airbnb, looked at crypto payments as a viable option, amongst other services, that may be implemented in 2022.

AirBnB’s CEO publicly asked his Twitter followers what types of features or improvements they would like to see in the near future. The results revealed that the majority of users would like crypto payment options to pay for short-term apartments. 

Alongside the Twitter poll, Brian Chesky also mentioned that if crypto payments are implemented, users won’t be limited to using only the top digital assets such as Bitcoin and Ethereum. Also, the CEO of Airbnb told his followers that since 2013, the company has processed $336B worth of transactions.

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During a conversation with The Verge, Chesky seemed quite optimistic about the "revolution in crypto", and compared his own business with the development of Bitcoin, stating:

"The original white paper on Bitcoin said that Bitcoin does not require trust because there is essentially a public ledger. Airbnb approached trust in a kind of similar way: we redesigned a system of trust where the reviews are the equivalent of a public trust ledger, essentially."

Likewise, in an interview with Fox Business, Chesky told the press that they’ve had multiple requests to implement crypto payments before. However, he’s not sure about the timeline, and when exactly will they be accepting digital assets for rental services.

Aaron S. Editor-In-Chief
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
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