'So I think these general trends of unlocking systems of trust that allow more people to participate in the economy is a huge boon to the global economy.' Airbnb, our system of trust based on our reputation system, I think has been able to unlock a lot of economics,' Chesky said. 'Obviously, cryptocurrencies have their own system of trust. Proponents expect blockchain adoption to grow in the coming years, with some people comparing its disruptive potential to be akin to the early days of the internet. 'But in order to get more power to people, people have to be able to trust each other.'īitcoin and other cryptocurrencies are underpinned by blockchain technology, a decentralized digital ledger on which transactions are recorded. 'I think one of the lessons here is when you give power to people, it provides more economic empowerment and more access,' Chesky said. But I can tell you that we've been certainly looking at this.'Ĭhesky spoke fondly of bitcoin, though, as well as the role that Armstrong's Coinbase has played in building a crypto exchange focused on security. Personal Loans for 670 Credit Score or LowerĪsked by CNBC's Deirdre Bosa whether Airbnb has any plans related to crypto adoption, Chesky said he did not 'have anything to announce right now. Personal Loans for 580 Credit Score or Lower

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