Airbnb: Acquisition Of Bitcoin Entrepreneurs Does Not Mean Bitcoin Or Blockchain Foray

By April 13, 2016Bitcoin Business

Airbnb has hired a team of engineers from CoinChange, a company that is responsible for ChangeTip . However, no venturing into Bitcoin or Blockchain is on the horizon.

Airbnb spokesperson reveals to CoinTelegraphCT r: 33 : "We are thrilled to bring some members of the ChangeTip team on as a part of Airbnb and joining the engineering team working on building our infrastructure. We are not acquiring the assets of the company, nor do we have any plans to incorporate BitcoinCT r: 8 into the Airbnb ecosystem.” Airbnb is a company whose business model has been subject to much debate. They have been a game changer in terms of how people stay when they travel . Airbnb began their operations in August of 2008, and the San Francisco based company is already a household name. Airbnb now has accommodations in 34,000 cities spread over 190 countries and they claim to have served over 60 million guests. What started the buzz?

According to Business Insider , Airbnb has gone ahead and “acqui-hired” seven engineers from CoinChange, the company that is responsible for ChangeTip.

This has caused quite a stir and there is talk that Airbnb maybe exploring the use of Bitcoin technology, or at least have an interest in the workings of blockchain and other associated Bitcoin technology.

It is noteworthy to mention that ChangeTip runs a system that allows users to tip each other with cryptocurrencies on Twitter and Reddit .

Since Airbnb has only acquired staff and none of the infrastructure or assets of CoinChange, there is no reason to believe that they are going to be introducing any tipping service as of now. Data and trust

By all appearances it seemed that leveraging the power of its data was the main interest of Airbnb, and Airbnb has a lot of data. […]

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