Uber Drags New York City into Court over Draconian Cap on Ride-Hail Drivers

Uber is suing New York, seeking to overturn the city’s year-long cap on new licenses for ride-hailing vehicles. The company said it’s suing the city because it’s worried that the temporary restriction could become a permanent draconian measure. 12-Month Cap Was Imposed To Curb Congestion In its February 15 lawsuit filed in New York Supreme Court, Uber claims the city is punishing it with a “ban first, study later” approach that’s anti-competitive and hurts customers who live outside of Manhattan. “The City chose to significantly restrict service, growth, and competition by the for-hire vehicle industry, which will have a disproportionate

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News – CCN

Bitcoin's price is skyrocketing. Even Uber drivers and house cleaners want in.

Keith Ellison's first hint that bitcoin was poised for a breakthrough was over the summer when a friend planning her nuptials sent an unusual text. “She wanted to know whether to accept the wedding band's offer of a discount in exchange for bitcoin,” said Ellison, a Manhattan Beach investment analyst, …
Google Alert – bitcoin

Uber and Lyft should allow drivers to accept bitcoin

I think both companies would benefit greatly if they allowed drivers to accept bitcoin payments for a number of reasons. First, a lot of the drivers that I have rode with, especially in larger cities, are foreign and in talking to them, a lot send money back home. If bitcoin were accepted, this money would be safer and easier to send. Second, it would be a great PR move for both companies as they both promote themselves as technology companies. Lastly, it would allow for more privacy and security with payments. Many credit/debit card users are uneasy about keeping their card information on a third party application or a mobile device.

Any thoughts?

submitted by /u/obxnc
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I do NOT mind the government knowing I bought bitcoins right now. I DO mind a hackable exchange having a copy of my SSN, photo of my drivers license, and a selfie (Circle’s requirement) for a small

I was purchasing bitcoins on Circle for months with an unverified account (a small weekly purchase limit). Loving bitcoin, and getting multiple friends into the ecosystem.

Circle recently put a new requirement on accounts needing my SSN (slightly understandable), a copy of my driver's license, and a selfie. With those 3 documents, if Circle EVER gets hacked, my digital identity will never be safe.

I can't bring bitcoin to my friends saying: "and upload your divers license here for your first $ 100 purchase".

submitted by /u/GabeNewell_
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