Ah okay, if that is the case I'll take it compared to Airbnb, but it still leaves a bit to be desired in the Bitcoin space.

021da48107

AirBTC operates as any other accommodation booking website, with the exception that we use only bitcoin as payment. Guests can only pay in bitcoin and hosts only receive bitcoin.

I guess they aim to operate exactly like Airbnb, except for the payment part. You don't pay the owner, you pay the website. So they are getting a premium to pay for insurance, they will act as the 3rd party to moderate, etc.

bitcoin

AirBTC - Accommodation booking website

Rsync25

From their `about` page:

> AirBTC operates as any other accommodation booking website, with the exception that we use only bitcoin as payment. Guests can only pay in bitcoin and hosts only receive bitcoin.

I guess they aim to operate exactly like Airbnb, except for the payment part. You don't pay the owner, you pay the website. So they are getting a premium to pay for insurance, they will act as the 3rd party to moderate, etc.