Best has reportedly chosen Expedia chief Dara Khosrowshahi as the new CEO. Under Khosrowshahi’s lead, Expedia started agreeing to bitcoin. He is also a personal investor in Bitcoin international 21 Inc.

Also read: Why did Litecoin hit $50 for the first time in August?

Uber Picked Bitcoin-Friendly CEO Uber Technologies Inc apparently chose Expedia CEO Dara Khosrowshahi as its new CEO on Sunday, according to 2 sources with knowledge of the situation. Bloomberg reported:

Uber Technology Inc. will appoint Expedia Inc. ’s Dara Khosrowshahi to run the global ride-hailing leviathan.
Pro-Bitcoin Expedia CEO Picked out to Run Uber
Dara Khosrowshahi, Expedia CEO
Khosrowshahi commenced serving as the CEO of Expedia in August 2004, helping the company extend their global presence to much more than 60 countries. “Under his leadership, Expedia, Inc. is growing to become the largest online travel around company in the world, ” his business profile shows. The Brown University graduate started to be the highest paid CEO inside the S&P 500 in 2015, with compensation totaling $94. 6th million, according to a statement compiled by Equilar and the Connected Press.

In March 2015, he personally invested a great undisclosed amount in the $116 million Series B fund-collecting round for 21 Incorporation. In addition,his Linkedin account shows that he is a member from the professional Bitcoin P2P Digital Currency group.

If Khosrowshahi accepts Uber’s offer, he’d be replacing founder Travis Kalanick, who resigned after having a shareholder revolt. At press time, he has not however accepted the offer.

Expedia & Bitcoin:

Pro-Bitcoin Expedia CEO Picked to Run UberDuring Khosrowshahi’s leadership, Expedia began accepting bitcoin on 06 11, 2014. However , the choice is only available for hotel reservations, which is still the case today. Pertaining to flights, the only payment alternatives are debit/credit cards and Masterpass currently.

Bitcoin repayments for Expedia are refined by Coinbase. Customers paying out with bitcoin are given to Coinbase’s website. Michael Gulmann, Expedia’s vice president of global merchandise, explained at the time that “Coinbase immediately converts all consumer bitcoin transactions into Circumstance. S. dollars with its quick exchange feature, so all of us at Expedia never in fact collect or hold any kind of bitcoin. ”

Uber & Bitcoin:

Pro-Bitcoin Expedia CEO Picked to Run UberWhile Above all does not accept bitcoin, a few Uber drivers have individually explored the option.

In This summer 2016 in Argentina, Above all drivers began accepting repayments using Bitcoin wallet and card service Xapo to bypass a political obstacle stopping them from taking credit cards within the country. Information. Bitcoin. com reported during the time how holders of the Xapo debit card could use Uber’s existing card readers, providing Argentinians a way to pay for their particular Uber rides in addition to cash. The political bar stopping Uber from using bank cards did not affect Xapo’s charge card since they are topped up using bitcoin, Xapo described.