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Uber now accepts Litecoin (but NOT Bitcoin!) by someguy123

View this thread on: hive.blogpeakd.comecency.com
· @someguy123 · (edited)
$95.76
Uber now accepts Litecoin (but NOT Bitcoin!)
Today, Litecoin has had a massive win. For the first time, a major company has chosen to accept **only LTC**. That's right. They don't support Bitcoin and have no plans whatsoever to add support.

**UPDATE:** The source may be fake news. If anyone in the Czech Republic can confirm if Uber is supporting LTC or not, that'd be great. (supposedly they have an email press@uber.com if someone wants to ask them)

<center>http://cdn.redmondpie.com/wp-content/uploads/2016/04/uber-main-2016.jpg</center>

It's a great day for LTC, when companies choose Litecoin over Bitcoin.

Note: At the current point in time, this is a trial run in the Czech Republic, it's not available in countries such as the UK and US. If the Czech trial goes well, they may roll it out to the rest of the world.

Here is Uber's response to "will you accept BTC?"

>No, unfortunately, we do not want to clog the user application and will only support Litecoin for now. It has been selected because it supports SegWit, has fast transactions with low fees and it’s development team shows integrity. We are also keen to leverage the upcoming features they are adding, such as Lightning Network.

In my own products, I'm encouraging the use of Litecoin for similar reasons. Bitcoin is slow, has high fees, and the development teams are constantly at war with each other.

<center>https://www.unixstickers.com/image/data/stickers/litecoin/Litecoin.sh.png</center>

**Here's what Litecoin has to offer:**

 - Extremely low fees. Average fee is just 0.001 LTC (that's just $0.02 compared to Bitcoin's average of $10)
 - Segregated Witness (Segwit), proudly voted in by the miners, not UASF
 - Lightning network (Bitcoin won't get this for many months, since they still can't decide on segwit)
 - A brilliant developer team
 - Widely support by various wallets, and many merchant providers such as CoinPayments
 - A thriving economy. Litecoin is supported by almost every major exchange, including Poloniex, Kraken, Coinbase, Litecoinlocal, GDAX, and many more. 

While STEEM/SBD also has brilliant features, Litecoin already has a big adoption, and is much more supported as it uses the same core as Bitcoin.

Source: http://ico.newsbtc.com/gigant-Uber-accepting-Litecoin/

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vote details (328)
@alexpfeiffer ·
Hi someguy, I just found your amazing article while sharing today's video from LTF. Is it possible you help us with https://steemit.com/charity/@charityproject/charity-to-buy-computers-for-the-school-in-tirol-brasil-help-with-your-upvote-and-resteem-fotos-of-the-school#comments ... a charity project with scientific background. We like to write a paper showing the possibility for LTC and NGOs. We decided to take LTC fort he direct donations part. Upvotes, resteems and discussions with an expert like you is warmly welcome.
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@birdiewonder ·
Thanks for the info on Litecoin - cool for Uber - Wish Lyft would get on board! :-O
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@btcmillionaire ·
$0.10
Wow, can't wait for the decentralized crypto-uber to take out centralized uber.
πŸ‘  
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vote details (1)
@cambocleve ·
I just checked on my uber account here in Thailand and the only options are Cash or credit cards. I do hope Litecoin could be added in the future !!
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@cassidyandfranks ·
$0.06
Hello UBER...

Please ACCEPT STEEM/SBD
πŸ‘  
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vote details (1)
@christoph3 ·
$0.08
I just used uber yesterday and was trying to get the driver to sign up for Steemit and accept Steem as payment... He was curious and enthusiastic about it.
πŸ‘  , , ,
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vote details (4)
@treeleaves · (edited)
I wish to thank you personally for voting for me this past year.  Steem has been fun from the beginning, when most people recognized each other.  Now it is a little easier to get followers and votes, but I still thank you for contributing to my success.  (It may have been a while, but thanks, and nice stuff you post by the way)
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@claytonv ·
Uber racist against Bitcoin!
πŸ‘  
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vote details (1)
@digimad ·
Even at 2c LTC is quite expensive... IMHO
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@eeks ·
$6.57
I flagged this because it is incredibly misleading.  Uber did not start accepting LTC.  An extremely mall subsidiary of Uber in the Czech Republic made an announcement about LTC.  You're a good enough Steemian that I follow you and have supported dozens of your posts.  So I know you are better than this.  Misleading articles give Steem a bad name.
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (25)
@eeks ·
$4.83
I also know a lot about Uber and I am certain that this is not a beta for rolling out LTC to other geographies.  This is a one off, if it even fully materializes.
πŸ‘  ,
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vote details (2)
@sadekj ·
$27.18
I have also flagged it! I was attracted to the article by its title only to be disappointed to see that it was not accurate.
πŸ‘  , ,
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vote details (3)
@punitchoudhary ·
I don't think so.
πŸ‘  
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vote details (1)
@someguy123 ·
$4.83
I don't think it's misleading, Uber is obviously a massive company, and would much rather test the waters in a small country.

Example: Steam (the game service), originally only allowed Bitcoin in the US. Now they rolled it out to the rest of the world.

Just because it's only in the Czech Republic, does not mean that Uber has absolutely no plans to roll out to the rest of the world if it's successful. I've adjusted my article to make this more clear.
πŸ‘  ,
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vote details (2)
@eeks ·
$4.83
Read the source again.  It's by an author with no articles, a Twitter account with no followers, and there is no actual Uber site mentioning this.  Now reread the title of your source.  Does the use of "Gigant" make it seem credible or reliable?  This is probably fake news.  Being critical of your sources is a key crypto skill -- always independently verify what you can and take nothing for granted.
πŸ‘  ,
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vote details (2)
@eeks ·
$87.00
I would like to point out that I am unfollowing you based on you not removing this article and still keeping the rewards.  Very disappointing from somebody I expect to lead by example.
πŸ‘  , , ,
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vote details (4)
@someguy123 ·
$25.10
I wasn't aware I could even change the awards after posting, or remove the article, thus why I just added the rather big disclaimer stating it might be fake.

![](https://steemitimages.com/DQmWy3aPesh16KVk93e4bLQwDBZGNPAZ89E7Ss9Ts5xaDtZ/image.png)

I have just forfeited the rewards of roughly 100 USD to the EFF (protecting our privacy charity). I had no intention of keeping the rewards from a fake news article.

![](https://steemitimages.com/DQmUVNVsXi8Eb2cGp6rWDvPNiaVVcHG8mEzqFKzzcLzvrqa/image.png)

![](https://steemitimages.com/DQmdhH256sqiZaXAYauKSbnP31qHHdxiexvoobQDsPurfDa/image.png)
πŸ‘  , , ,
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vote details (4)
@ackza ·
WOW you gave 0.0427 BTC is $244 now as of October 25th 2017 Wow hah 

AND you already got $25 back basically from the rewards on this comment for doing the right thing LL and yeah its not fair of the other user to accuse u of like "keeping" the rewards, its not like theres a button you can click to "reject" rewards after the fact, yiuc an only choose to decline rewards Before you post an article MAYBE iun busy.org theyll have some feature in teh future where you could I dunno, burn the steem sending it to null? lol i dunno its like, yah you did teh right thing, we could have also accepted donating steem to some steemit user like @cryptopie he has been through a Lot and is a great User and story for Steemit as his condition is probably one of the more painful things you can ever have more or less a sort of face tumor but not from cancer, and he has to go through dialisis and hes got just this really rough story BUT from what I can tell Steemit helps his mental state just lke it does for me and many other people and the idea of earning money from social media is probobly really good therapy

There are Tv shows where they show how fat people will lose tremendous weight if Money is involved, even Drug Addicts  can be made to Kick and withdrawal on drugs in exchange for money, and its
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@eeks ·
$81.47
This is a good response, thank you!
πŸ‘  ,
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vote details (2)
@enlightenk ·
Nice post, great sharing! I like the point you point out, especially that you had made list of figure and graphs as the supporting of your find out and research! And yes, I think coins value will be keep going up at the future and it would be the world trend! Thanks for your sharing!
πŸ‘  , , , , , , ,
πŸ‘Ž  ,
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vote details (10)
@floridanow ·
thank you , I did not know. It's nice to hear of all the new "wins" for each of these cryptos. I see many winning and Uber is a great win.
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@ghostofbantu ·
$0.02
Another step in the right direction. I cant wait to continue to see more and more headlines like this. Although, I would like to be able to stack a little more crypto in my profile before the mainstream catches on!
πŸ‘  ,
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vote details (2)
@violator ·
Same! I'd rather pay $30/coin than $3,000/coin!
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@gikitiki ·
Only in the Czech Republic so far. Once that pilot is complete, they will approach other countries.
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@hatemmkh ·
that's great.
I like this.
I will be glad if you don't mind to follow me.
I'm interested in cryptocurrencies.
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@hatemmkh ·
have a look here and give me your opinion.
https://steemit.com/bitcoin/@hatemmkh/best-3-cyptocurrencies-other-than-btc
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@heh8me ·
This is fake or @Satoshilite would have posted a tweet about this.  Charlie Lee always posts big news on his Twitter feed associated with Litecoin and he would not have missed the opportunity to post this win for Litecoin.

Last week a Chinese newspaper incorrectly attributed his words that Amazon would be accepting Litecoin...which is also FALSE.  This could have been one of the reasons LTC shot up to $57 this week (hard fork fears too etc).
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@imdgb ·
wooow! Awesome! What do you think of LTC future?, me personally, after the BTC unknown future, it will go up until we all know what is going to happen to the #1 crypto.
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@j-bonez091391 ·
Yea this is a fake article I downloaded Uber just to give it a try and there are no options listed for crypto in the payment methods at all.
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@jauniussta ·
I'm also driving uber (From 2015 on December 12), taxify, e-taxi... None of the passengers did not want to pay crypto currency... So, I think it is fake news... But, simple payment individual can do anyone in crypto currency...
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@jwolf ·
I am coming here from google, heard about this but it seems it s fake. thanks
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@knifejuggler420 ·
If this is actually true this is massive, but maybe fake... but if not fake LTC to the moon
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@knircky ·
$1.84
Holy FUCK!!!!!
πŸ‘  ,
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vote details (2)
@g-dubs ·
$1.63
lol, yea big news
πŸ‘  
properties (23)
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vote details (1)
@g-dubs ·
But I don't believe it, article looks fake.
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@lyfo ·
It's a very good fit for LiteCoin LTC, with widespread adoption it goes viral and becomes a truly *appreciating currency* that everyone will want to accept. Meanwhile keep accumulating.
πŸ‘  
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vote details (1)
@mdog ·
hmm is this actually true? if so, then that's good news for LTC
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@onealfa · (edited)
$3.47
Interesting. Inspiring. 
I drive for Uber, eTaxi and Taxify every morning. I read this now, and since this morning I will accept payments for the ride not only in Bitcoin (what I've been doing since last September), but also in STEEM & SBD. How can I? Easy. In Taxify rider can also pay in cash, not only by those crapy cards,  as in Uber. So it's simple...

# STEEM, SBD & BITCOIN accepted

A new sign in my car. Today.
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (29)
@dreamlucid ·
$0.06
I've considered doing this myself! How many people have actually paid you in crypto for a ride?
πŸ‘  
properties (23)
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vote details (1)
@onealfa · (edited)
$0.57
Zero. None. In 8 month daily drive. Very few people know this. There were maybe 7 or 8 riders, who even had some btc, but they decided to hodl, not spent... And I said them - right on, congratulations, wise decision.... :)
πŸ‘  
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vote details (1)
@knircky ·
$0.11
Take a pic and write a steemit post!
πŸ‘  , , ,
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vote details (4)
@orangeshasta ·
$0.08
reminds me of that photoshop of the romanian subway accepting ltc from 2013
πŸ‘  
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vote details (1)
@ryanpetersoncoin ·
This is great, now we can expect Litecoin to break $100 in the next few weeks maybe, check out my article on our Litecoin price prediction in 2018, https://wikicrypto.com/litecoin-price-prediction-2018/, it's surely a great investment and probably a revolution in currencies
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@tinytaruen ·
More and more company accept altcoin. However,it is just a currency converter instead see it as  a real currency...
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@vividrange ·
Thanks for the post and that is wonderful news
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@vizualsamuri ·
Whoa! Is this real?? Wow big steps for Litecoin.
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@wilkinshui ·
$1.51
Glad you can use uber there. In where i reside, uber is restricted and at times they want to reopen but it is immediately ban by the government. It also happens to few areas where i occasionally travelled to. But anyway, thank you for the post.
πŸ‘  , , , , , , , , , , , , , , , , ,
properties (23)
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vote details (18)