Airbnb customers want crypto as a payment option

Twitter poll by Airbnb CEO Brian Chesky shows crypto is top request

Airbnb logo                                 
Out of 4,000 suggestions, crypto payments came out as the top request for 2022 – Photo:Alamy
                                

Airbnb customers want to see the online accommodation marketplace accept cryptocurrencies as payment.

A Twitter poll conducted by Airbnb CEO, Brian Chesky asked the question: “If Airbnb could launch anything in 2022, what would it be?”

Out of the 4,000 suggestions Chesky received, crypto payments came out as the top request for 2022.    

‘Revolution happening’

In September on FOX Business, Chesky dropped the hint that the company may start to accept cryptos.

Chesky said in response to the possibility of Airbnb accepting cryptos “We get a lot of requests, I've been getting it for years, I have nothing to announce on it today".  

Then in November, the Airbnb CEO told The Verge: “We are definitely looking into it. Absolutely. Like the revolution in travel, there is clearly a revolution happening in crypto.”

Chesky went on to say there were similarities between bitcoin (BTC) and Airbnb relating to the issue of trust.

As Chesky explained: “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.”

Co-founder of Coinbase worked for Airbnb

Brian Armstrong, co-founder and CEO of Coinbase, the largest cryptocurrency exchange in the US, used to work for Airbnb.

Armstrong was technical product manager at Airbnb from May 2011 to June 2012 – the last position he held before going on to co-found Coinbase.

As Chesky has said: “Fun fact, the CEO of Coinbase used to work for Airbnb so we are really proud of their success.”

Airbnb has already seen competition in the form of Dtravel, a decentralised platform “for the home-sharing economy, facilitating short and long-term stays payable with cryptocurrency and traditional payment methods”.

Former executives from Airbnb, Expedia and other global technology companies joined forces with Binance-backed Travala.com, the pro-crypto travel booking agency, to launch Dtravel.

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