Bitcoin Forum

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Purchasing a cup of coffee via bitcoin might materialize faster than anyone had thought.

I like the idea of starbucks embracing bitcoin. It is known some starbucks function almost exactly like homeless shelters. Adopting bitcoin could put crypto currencies into the hands of where its needed in terms of helping the poor, the unbanked, those who can't afford the minimum balance on a bank account or have trouble obtaining debit cards or credit cards to make electronic transactions. Over the long term this could help people to find jobs to give them more options and opportunities which could help them to escape poverty and elevate their standard of living. Which in turn could help reduce crime and negative trends associated with violence.

The point @ the bottom about making bitcoin a safer choice for 401k's, IRAs and retirement plans is interesting. I've wondered if bitcoin and crypto currencies in general could have future potential for retirement funds due to them being designed to appreciate in value over time. An asset which appreciates in value could help to offset increasingly higher costs associated with higher average lifespan. It could imply crypto has potential there.

That is true and it will push other competitors to make Bitcoin as a mode of payment. I think what the cryprocurrency market needs to be made as a payment method is backing to one of the established chain in the market and yes if Starbucks plays it correctly they will be the first ones to advertise cryptocurrency in the mainstream market.

I drink Starbucks daily.  I would love to see this.  I can't imagine using Bitcoin in a scenario like this.  If this happens and other retail outlets are forced to compete Bitcoin will be accept around the world almost instantly.  Very exciting.  I hope it happen soon.

The more companies that accept bitcoin as a payment tool for the products / services they offer, of course this is a good thing for the climate of bitcoin prices and other crypto currencies, and this is good news that can improve the reputation of crypto currencies in the eyes of investors

if bitcoin can accepted in more giant merchants in world, i think no more doubt about bitcoin future.and there will massive demand come to cryptocurrency market.and bitcoin price will soar sharply.soon and later this moment will come to us.

Starbucks is still not brave enough to accept Bitcoin directly though  ;D A lot of small mom-and-pop coffee shops accept direct payments in Bitcoin so this puts many of the big companies to shame. And by the way one could buy Starbucks gift cards and many others on Gyft for example so it's not like people haven't had options for spending their hard-earned Bitcoin at brick and mortar stores. I guess this new company Bakkt will function similar to payment processors like BitPay so what's this fuss about? It seems to me that every time a new budding crypto company comes around they try hard to reinvent the wheel and hype up their services when in reality there have been alternatives for ages. Not downplaying the news in any way. Just my 2 satoshis.

What the hell is this Bakkt company and how it will help for mass bitcoin adoption?
It looks like the big corporations want to adopt a coin or token,which is backed by bitcoin,not the real bitcoin.
This kinda looks like the adoption of paper money in the western world ,300 years ago,when all paper money were backed by gold.
Good luck to Starbucks,but this project won't work.

I really don't know when this news was release but yes i am really happy that STARBUCKS a giant industry in  the coffee sector in United states has taken a wise decision to accepts the bitcoin which is really a good decision and this will make many other giants to accept the Bitcoin and use it for their business purposes. This type of action are sure to bring some positive affect in the bitcoin prices and i want to see some more news like this ones.

Its a an interesting development, many people said that bitcoin is not suitable to buy retail things, the fee and the speed is not ready yet, but if Starbucks really implemented the idea then it show the world that bitcoin can be used for currency, and its an interesting idea to make bitcoin into retirement fund, I think it need to be implemented to see the reaction of the people, I still think bitcoin is a bit risky to be used as retirement fund but that could change if there are a lot of people willing to used it

I guess Starbucks getting involved with the bitcoin is not the first time and have heard such news already. May be they are really after something and may become pioneer in the coffee world with crypto currencies acceptance. Many big brands are trying this way and I guess its good thing for the healthy economic of bitcoin and other crypto currency. However it remains mystery that how and when these kind of brands will actually in place the whole payment system of bitcoin. Off course people are going to be more than happy to at least try out such payments and it will slowly bring more crowd into crypto. Thats what I imagine about the whole scenario.

That's exactly what should be happening. Great benefit of Bitcoin's long term potential and the lack of legacy economy correlation is that you can easily hedge your risks and provide people a stable retirement fund even when things don't go well in the world economy.

I calculated my own future retirement payout, and it will very likely change in the forthcoming years considering that I am nowhere near retiring, and I lost close to 10% in the last 5 years, and then I'm not even talking about the loss of purchasing power. Bitcoin could have prevented that from happening and it really pisses me off that nothing yet has been done to address this. I get it that Bitcoin is a relatively risky asset class, but you don't have to go all in; a 1 to 2% allocation is more than enough to counter risks.

That's why I am glad that I have taken the necessary precautions myself.

I thought that they had already accepted cryptocurrency in terms of payment for their service, but they told that it was performed through a specific application.

There is nothing wrong in companies accepting Bitcoin through payment processors. Starbucks' success comes from its expertise in selling coffee, not from managing Bitcoin volatility. Companies should stick to things which they are good at, while offering multiple options to customers. It doesn't matter who the payment processor is Bakkt or Bitpay.

I don't know about the homeless shelter part of your statement, but I do agree with the above.  However, I don't want to buy coffee with my bitcoin.  I usually keep FRNs in my wallet for just such an occasion.  Those notes absolutely do not have the potential to make me a profit by holding them.  Those dollar bills are meant to be spent for coffee--I don't believe bitcoin is.  That might be a little heresy on bitcointalk, but I know there are many who agree with me. 

Look at how many people try to sell stuff here and get no offers, even if it's a good deal.  People want to use bitcoin as an investment.  The only really good use of it as a currency is in the dark markets where anonymity coupled with a need for electronic money transfer is necessary.  And it's so much quicker to just whip out a $5 bill and pay for that coffee in cash.

As I said, I do support Starbucks doing this.  I like the company and have been thinking about buying its stock for quite a while now.  I just can't seem to pull the trigger.

Starbucks has just reissued a statement regarding its acceptance of Bitcoin. They seem to be cool with learning about crypto and may eventually get directly involved, but unfortunately Starbucks won't be accepting Bitcoin anytime soon. It seems they have made a slight correction. It is right on time as well, because news like this could effect the market prices if I'm not mistaken. Here is a link to the article below.

https://qz.com/1348825/starbucks-is-not-accepting-bitcoin-but-it-is-getting-into-crypto/ (https://qz.com/1348825/starbucks-is-not-accepting-bitcoin-but-it-is-getting-into-crypto/)

I like starbucks and their coffee. I cant wait until its done deal. It will spread the word about bitcoin and crypto to a wide range of people. Those things are always good. Hope to see them more comming.

I don't think news like this one have an effect on market prices, not anymore, mainly because people know that at the end of the day nothing happens.

Look at this article from CNBC: https://www.cnbc.com/2018/08/03/starbucks-partners-with-microsoft-ice-on-new-cryptocurrency.html

There was a time when you would expect major movements on the market simply because of articles like these, but this time even with such a sensationalist headline with the words "Starbucks" + "partnership" + "Bitcoin", the price barely moved (in fact, it went down a later). It goes to show that we're past the point where such news can have a real effect on the market.

heresy? nah, this isn't Reddit where everyone's waiting to buy a Frappuccino with Bitcoin...(or am I wrong?). I'd rather hodl my BTC than pay $3.95 (or 0.0005607 btc) for a stupid coffee.

McDonald's has already issued its crypto currency. Starbucks plans to accept payment by bitcoins. This once again proves the development and promotion of bitcoin and crypto currency.

Reading this post of your I see my same feeling regarding btc in it: I feel am wrong on this but I'm too jealous of my btc to use for everyday life needs.
Maybe because I own just a little bit or maybe because it already showed it can be an excellent way to diversificate our investiments.

Back to the topic , nice spot by original poster: make me feel optimistic in the long view.

If it does happen I wouldn't still going to waste all my precious Bitcoins for just buying some expensive coffee. But I would consider it somehow and would take it as a good news.

I know there is nothing wrong with having alternatives in a free market. I just wanted to say that trying to reinvent hot water might not work for some. What's stopping anyone from exchanging some Bitcoin for Starbucks gift cards or loading some coins on a prepaid debit card and paying for the coffee with that? I bet the payment process at the Starbucks shop would be so much faster with those options than waiting for the transfer from your wallet to Bakkt payment processor to complete. By the way, Steam stopped accepting Bitcoin as a payment method via BitPay last December because of the high volatility. I don't think it would be any different with Bakkt, but I might be wrong. Anyways, as I said, it's always nice to have more alternatives on the market.

Wow, this is so nice! I think it would be a great opportunity for us Starbucks-lovers to accommodate and feel pretty to grab and transact to their coffees using our means, bitcoin.

LAst time, I was strolling at the mall. I read that one Brownie shop accepts bitcoin and it enlightens me as I think that this currency would proliferate the world and transaction will all be better soon.

A long journey begins with a small step that is what is seen from this event. The move was started by several large companies which I believe will be the beginning of a major change in our daily business processes later.

I want to emphasize that it is good news as someone who is constantly drinking coffee. Bitcoin will also be approaching our everyday life more closely. I think that if the different campaigns are arranged for the users paying by this payment method, the demand rate will be reflected too. As a result, the price of the cabbage we drink today by paying 5 USD may cost hundreds of USD in the coming years. :)

it looks like this news won't make the price of bitcoin rise, it's likely that people will still pay with real money rather than pay using bitcoin. especially with the current market  ::)

Howard Schultz always strikes me as a forward thinking innovator. I think if Starbucks did embrace BTC it would not only be good for BTC, it would also be good for Starbucks - showing them as a thought leader. Very interesting times ahead.

I think this as a way of advertising starbuck. And this is a clever step, because when accepting a bitcoin for a starbuck, it just helps starbucks get more visitors from bitcoin investors and get a bitcoin for the money to invest. their company or do many other things

Guess everyone was fooled, Starbucks just wants to be McDonald's after all (get their own "crypto"). Get into something cool as a way to catch the wave of "revolution" but by no means do they want to be part of the revolution.


If you're talking about MacCoins, I don't think that is anything closely resembling cryptocurrency. Only accepted at 50 countries, don't see any referencing to a blockchain, don't see any cryptographic use. Just another centralised token with "coin" in its name to misrepresent itself.


Nah, I don't think it's heresy. I personally like spending whatever I can with Bitcoin but only simply because I earn almost 100% in Bitcoin/crypto now, so whatever expenses I have I eventually have to sell Bitcoin. Of course, I save as much as possible, but makes no difference if I earned/saved in different currencies.

I imagine if someone earned fiat still and bought Bitcoin, then of course they don't go out of their way to spend BTC on coffee. To each his own, and all's fair and good.

When did Macdonalds made that announcement ? I have not heard about ti and there  is also no thread made about it here on this forum.

Now coming back to the article OP provided, I think it will be a cool thing once implemented. Starbucks is very popular among the youth and if they allow crypto, it will help increase its popularity.

Expectations of interest will come to us as well. Hope that is the new opportunities for the community as well as investors. This could be good or bad. However, we need to equip ourselves with the things necessary to adapt to market conditions.

Once starbucks accepted bitcoin as mode of payment, many people will be glad since it will be a good news for them that they can now use their bitcoin to buy any starbucks products. Nowadays, many people patronage starbucks products.

So nice and it's really a good news for coffee lovers out there. This could be the start of something big in the crypto world wherein massive adoption could happen.

These are good news that we need. This kind of news can really help the market to grown, because it gains credibility.
More uses, more value, that's pretty simple.

I think they already clarify the rumors spreading all over the internet that they are not accepting Bitcoin. I am not sure but that's what I recall. If ever this may happen one day, since I am a big fan of Starbucks because I really love their frappuccino, I would be delighted to purchase my favorite frappuccino using Bitcoin.  ;D

Starbucks if they accept bitcoin deals is the best thing for the bitcoin market and you will probably get the benefit and convenience if you are allowed to pay for a bitcoin beverage push bitcoin

starbucks is a good start, an expensive cafe resto with limited costumers due to their expensive coffee, i think this will spearhead even the not so fancy cafe and other foodchains, you see, that is one of the best thing that blockchain technology has to offer, it has unlimited opportunities to apply with different stuff, i hope it will penetrate the mainstream products and establishments such as schools, hospitals and gasoline stations that will adapt this technology.  keep it going bitcoin, good job

If this happens, then it would be a good news not just to the coffee lovers in bitcoin but for all of us here. When an international brand like starbucks will start to accept bitcoin, then maybe the other companies will do the same to catch up with the trend.

Paying cup of coffee using bitcoin is like buying piece of chicken in Kentucky fried chicken using bitcoin too.

Things that i will never do for sure because i value my coins as an asset than a paying materials so instead of using cryptocurrency i will prefer cash or fiats because I'm a fanatic of starbucks and i may spend all my bitcoin if i do use this payiny such

I read that Starbucks denied this news. Starbucks plans to participate in the development of Bakkt along with ICE and Microsoft, but this does not mean that it intends to introduce a payment tool into its business. The company clarified that they are considering such an opportunity after governments adopt laws on the regulation of crypto-currencies. Until then, you will not be able to pay coins for coffee.

Indeed, from what i understand, starbucks just participate in development of BAKTT. I am believe starbucks bussiness not just a coffe shop because they are big company and maybe starbuck want to expand their bussiness on crypto market

This would change sooo much. Not because people would start using bitcoin for this reason only. It is marketing, it is branding.
If some bitcoin based payment processor partnered with starbucks who has places all around the world is a global big news. If this ever happens than it means we are in luck and we are really early adapters. We also heard news about how facebook plans on buying coinbase as well.

News like this increases my hope but usually comes out empty, if a company as big as starbucks really goes deep into bitcoin I am 100% sure the price will be so high the ATH we have right now will look funny.

This is good news that Starbucks may start accepting bitcoins as payment. Perhaps other corporations will start accepting bitcoins as well once they have learned that a coffee chain has started the trend. The more stores use it, the more people will join the crypto world.

Look, everything is just waiting for the governments to legalize bitcoin. Defiantly when bitcoin isn’t allowed to be used in your country, how can people earn from it or how they can use it for their own benefit. For it, every government must impose taxation on it but must legalize bitcoin. This is so profitable for an average person to uplift his life standard. Don’t wait any more.

There can be a big change when government accepts bitcoin for payment. Starbucks is one example of company that waits for the decision of government and willing to adopt the new payment system which is good news to everyone. I cannot wait to see how it is going to helpful when crypto applied on every stores.

Is this for real? I can't wait for this to happen then all of a sudden all the other stores will also do the same that accepts cryptocurrency. Cash will really be left out, and sooner or later, government will really try to let cryptocurrency not to be part but it will be soon. Can't wait for this, you can pay directly bitcoin to buy your favorite frappe on your favorite starbucks shop. This kind of changes has a big impact in the world and I think whether it may be positive or negative, let's have high hopes for cryptocurrency.

Starbucks have many branch in the world and if starbucks accepting bitcoin, it will be big adoption in cryptocurrency. But seem starbucks just want crypto exchange at this moment but i think its open in the future

I have one coffee shop near my office in the centre, so what really would like for Starbucks to accept my bitcoin so why would be able to buy my coffee from them with my crypto earnings.

I believe that they will accept cryptocurrency payment method in the future because amazon today is allowing their people to purchase products using cryptocurrency.

Not only in amazon, but I think it will be more adaptable. Social networking sites are likely to use them in the future.

we are waiting for the widespread introduction of cryptocurrencies in the network of eateries, because thus crypto-currencies will have simple investors, which is necessary for growth

Imagine how great it would be when they will actually start the application of bitcoin for using it. This is just a hint but no guarantee that any system will be inlace soon. For those who think that this is good news and we may see great movement just because of this, you guys are crazy. Lolz. This will not move the market but it will start new dome of era where physical stores will be accepting bitcoin. Star bucks, Burger King and many more have already claimed the use of bitcoin but nothing is in effect yet and its just news really. So we need to see those label called as Bitcoin Accepted Here to be seen over the shop then we can say truly bitcoin is getting into them.

It sounds great that more and more companies accept BTC as a payment, last time a read even pornhub accepts is, lol

Even how many branches starbucks has still only fool cryptonians will spend his bitcoin for a cup of coffee,we know how hard tp earn this great cryptocurrency just to spend in buying starbucks product..i would rather use my credit card or my fiats than to use my crypto

Buy a cup of coffee and you scan the QR code and pay for it, everything is very convenient. Do not worry about anything and do not worry about waiting for payment. Using cash for payments is complicated and time-consuming, the use of Bitcoin as a form of payment will optimize the disadvantages of FIAT.

Starbucks accepting bitcoin as an alternative mode or means of payment will encourage more adoption of bitcoin this will surely motive other beverages and food companies to incorporate this global trend of using btc for payments, personally I forsee bitcoin as fully recognized, accepted and adopted virtual currencies being recognized officially by many campanies globally in few years to come.

If and when this happens it will bring cryptocurrency to the mainstream. It's companies like this that can really shine the light on cryptocurrency.And I know someday mega corporation will introduce bitcoin as it payment method. It not how but when

Some of my friends works at Starbucks as a Barista and their Salaries is high. And if the company would accept Bitcoin and implement it to all of its branches around the globe, it would not only make the company and its workers rich with the pump and fluctuation of Bitcoin price, it would also help the market, the volume, and the tradings itself as it would be a part of demand and a big company like it would have a big impact.

Though I'm not a total Starbucks lover since I like it only when I need to stay awake all night, I'm still happy with this news because this is another proof that Btc is now expanding its applications in the food industry. I just feel bad because it seems this is implemented first in the U.S. I hope that it will be implemented to its other branches all over the world (particularly here in the Philippines) very soon because I can't wait to buy my first Starbucks Milk Tea Panna Cotta Cream Frappuccino Blended Beverage using btc :).

Countries and Governments can legalize bitcoin if bastard peoples don't abuse bitcoin for crime, fraud and money laundering.

I don't know about that if they are really going to accept Bitcoin as a payment for their coffee since the price of Bitcoin or any cryptocurrencies is so volatile, but if that happens, I wouldn't really use my Bitcoin just to buy some expensive coffee.

I think that Starbucks uses bitcoin to get great PR for their company and they did it

I don't think I don't care so much about Starbucks. Starbucks is indeed a great world company, but it has already broken the way. It just represents the payment of the cryptocurrency. But in fact, cryptocurrencies change the trend of humans, no one can stop it. Consensus is the greatest natural enemy of mankind.

I can't wait until these big things happen. Think about it, if facebook buys coinbase, if starbucks accepts bitcoin and if ETF gets accepted. All three of this happens and we are looking into something incredibly different. A bull market like no other, the price of bitcoin could be so high that we will have to manually do math to double check if we are seeing the price correctly. These are HUGE news for a market as small as bitcoin. Starbucks has places all over the world and if they accept bitcoin that is free advertisement for bitcoin for all over the world that would make people who never heard or never interested in bitcoin to go check out bitcoin.

I hope this will affect the growth of cryptocurrencies

Hoping that it will be coming soon..that is so great it means that there's  a big possibility  that the crypto is getting popular in all kind of business imagine that once it will be happened crypto market will gonna have a stable price and take note that it be very easy for us because we dont need to bring a cash always in our pocket.

Yes. That is true. Their competitors forced to used bitcoin to level their market to starbucks. It is a great market strategy to introduced bitcoin to the people. Many bitcoiner would be great to hear that news especially the coffee lover who always hanging out in the said store. It also be a great opportunity to all of us because the popularity of bitcoin is widespread.

I wonder if a single order of coffee will be much more expensive if you use Bitcoin during your coffee break. To think the minimum mining fees or transaction fees that will be included in the payment in which i think it will be more expensive than using the fiat currency for the instant payment so i suggest paying bulk orders will be much practical way of using Bitcoin in this kind of establishment.

Starbucks has rumored that it will not accept Bitcoin or other cryptocurrencies as a payment method!
In this cold bear market, any news related to BTC can affect the fluctuation of BTC!

in my opinion this is good news for bitcoin, because of the many bad news and rejection of bitcoin by the government of some countries this is a cool breeze that will make the price of bitcoin skyrocket again, because starbuck is a company that can be said to have a big influence in the world business in their field

if that is the case, at least this news can refresh the market which tends to be red. this can invite investors to return to buy and invest in bitcoin, even though in reality it is hopeless and starbuck doesn't really accept bitcoin as the payment method they use

That is really great tactics about conquering bitcoin. And that is also the premise for their future development. Just think of the simple fact that when everywhere accept bitcoin the great thing will come to us. There are many more opportunities and much more convenient development.

It is also expected to be considered as an opportunity for investors and the community. Only they have a positive impact on the community. Then the market will stabilize and move faster.

We are on the verge of global adoption and more and more people are accepting bitcoin payments in small establishments in some countries. We really need the governments to back us up on this innovation or suffer being left out.

If they would need people to petition to accept this, I WOULD GLADLY SIGN UP & SUPPORT THIS CAMPAIGN! Starbucks has a wide range of customers from all over the world, once they incorporate Bitcoin as a mode of payment. People will find it easier to understand how simple Bitcoin is and to know that it’s not a scam. If you’re the kind of person who’s practicing the no cash at hand method and avoiding credit cards, this is definitely a go! I wish they could’ve done this sooner.

I agree with that. No way are bitcoin and cryptos a safer alternative than retirement plans. Not today. Thinking long term, you can have bitcoin as a small percentage of your investments and if things go well, bitcoin going mainstream, that will be enough for you retirement, but going all in would be too risky, and basing your retirement on it even more risky.

if bitcoin payment has been implemented on Starbucks and makes Starbucks more advanced, then starbucks will be a benchmark for cafes or other stores, and bitcoin payment will expand increasingly

I think Starbucks' impact on cryptocurrencies is negligible. He does not affect the growth of cryptocurrency.

Dude starbucks is awful :D and overpriced in my opinion. Everyone has a different taste but I have to tell you there are much better options than starbucks .

It is important that some big and well-known companies' usage of cryptocurrencies. Because common folk will learn and use these currencies when companies will use them. That is how you spread a trend I think...

Starbucks accepts bitcoin, it's a potential market for bitcoin as well as it will make bitcoin more attractive to investors as well as boost the market for bitcoin. i hope Starbucks accepts bitcoin soon

That's is a great news if that will happen, especially if it will take place in the very near future. I say that because Starbucks is one of those big market businesses that are scattered all over the globe. Also, many people really support their products. And so, if it will begin to accept Bitcoin, then it will be a good marketing and advertising change for Bitcoin to be known by all the people who are not informed yet of the cryptocurrency market who patronizes Starbucks. That would really be a big boost for the market to keep on growing, and for sure, other business companies will follow suit, if it becomes a success.

This is one of the reason why Starbucks will come up to the acceptance of Cryptocurrency in which people of nowadays were very conduxtive regarding whaf is Bitcoin all about and if this will happened I think many customers will purchased their products and the more that they have engaged to change the more they will be inline to the well known entities who risk to try Bitcoin transactions.

given the Commission and long transactions I'm interested in how this issue will solve Starbucks

this is the first step towards a bright crypto future, not just bitcoin, even now there are several altcoins operating in hotels and restaurants, they create payment tools, he also makes applications that include prices so that consumers will not be deceived by restaurant owners or hotels.

That’s a really good news for the cryptocurrency community, that’s if they are really going to do that, because most of the promising news I have been seeing ever since I got into this community all ended up as fake and never happened. But if this will really happen, then we will just watch as many people gets to accept Bitcoin and also start to make use of it. This is very good.

Starbucks is the best coffee producer and the most standard place over my region to have a cup of coffee. They are much more advanced and they do like to go into the technical world so i knew that some or the other day they might accept bitcoins as a mean of payment. This is really great for them as well as the community members because it would boost the use and regulations of bitcoins.

Oh nice,, so how’s that’ going to work… we stand in line and use our phones to make payment to their Bitcoin wallet address? Lol, who’s ready to waste such time these days when they got a lot of work to do for the day? Some of you just think all these makes sense but they don’t.

Bitcoin is just good to be used online and apart from that I don’t see any other good way, we can’t forcing ourselves to use it physically when it’s never meant to be that way.

So it’s not that fast because I haven’t heard any news again about it? Haha. Kidding. I hope they easily accept bitcoin everywhere. Probably in my country, it’s not that fast to be applied.

This topic has been around for over a month now and we have seen nothing new from starbucks about bitcoin at all.
I mean I understand that in the business world things go a little slower than usual and specially when compared to fast pace movements of bitcoin and crypto the corporations takes actions quite slowly however I would have at least expected some sort of press release or something.

This silence and indifference towards the topic from starbucks makes me start to think maybe they were not interested in it at all, maybe this was all just a news media making stuff up to sell few more papers ? I do not know but I am losing hope every day.

If Starbucks pulls this off it will be the next trendy social techy thing around. We all
know how people love starbucks, and just to be seen in any of their establishments
is a social thing to some people. Good coffee and bitcoin will be quite a fuzz. It's
also gonna boost bitcoin's popularity and reach, a lot of people are gonna be having
coffee at any starbucks when bitcoin prices soar up, assuming bitcoin as a mode
payment is implemented.

What happens if Starbucks agrees to accept bitcoin payments, and bitcoin or bitcoin buyers can pay a bitcoin for Starbucks products? i want starbucks accept bitcoin

Yeah, it is indeed a potential market and also a very good start. This is actually some of the things we have been looking forward to in which people get to use the main part of the value bitcoin creates as a currency and better means of payment than just a speculative asset.

With more merchants like Starbucks accepting this mode of payment, I believe a lot of mindset will start changing, we will start seeing more adoption and then we will get to see a more matured market quickly.

Maybe you missed this part of where the article stated; "As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks,”.
Apparently, you cannot expect something to be worked out in that perspective to make things a lot easier when it comes to being able to pay without causing any head ache or thereabout. It is a good start as far as I am concerned and a very welcome development and it does not make any sense trying to paint the idea to be a wrong one.


I think that this is the right decision for this progressive company as it will attract customers and give even more interest in the restaurant chain !

This needs to gain more traction. If starbucks starts accepting bitcoin it would be monumentally favorable for both.

Starbucks in our local cities are always already full. Can you imagine how much more people would go and fill up the starbucks stores when news like this comes out? I imagine the publicity would be really good for starbucks and at the same time would help prove bitcoin and crypto's use case.

Has it been implemented? I'm curious since our Starbucks here in the country still don't accept cryptocurrency as a way of payment.
There are always people going into Starbucks either to meet with people or just plain chill with it, I agree that a lot of people would know
more about Bitcoin and especially would be curious again, not just a thing to scam people or something.

When Starbucks starts to accept this, it would be a game changer that it would make other restaurants want to get in with the action too.
It's just about time when it goes live and with that, it could give more attention and more people to come in, mutually beneficial. The thing is,
when something starts accepting, all the others would follow. Hopefully, that's the catch.

This would be good publicity for bitcoin seeing that more companies are adopting it as payment option. If this would become true then the bitcoin community would go bigger and more companies would consider adopting it. However, they should be able to plan it out carefully due to the volatility of the price.

They may immediately convert it to fiat after receiving so that they wouldn't be affected by the rapid price movements. It would be an additional expense for them though if they would be converting it every time.

Yeah, it will be a good publicity as we all know that Starbucks is a whole wide brand. However, I believed that there's a lot of hurdles for them before they accept it. Maybe if we can see LN being used or implemented other merchants will began to accept bitcoin readily otherwise, they need to go to a global bitcoin payment service provider like BitPay.

I think that's a good choice for them. Because Starbucks usually serves upstream customers and many of them will use bitcoin pretty much. So I think that the fact that they set the bitcoin payment strategy can attract more people and can hold more bitcoin.

the good news is, I hope the rate of payment will be as fast as the rate of spread of this news)

Since Starbucks is a world wide company, it's even very good news that Starbucks will accept Bitcoin as a means of payment. It will be an excellent ad for Bitcoin and Crypto. I think that the ongoing work with Bakkt will be positive.

Thank goodness that my crypto currency can actually buy something i xan use and hold even consume. I hope that this move of Starbucks gets bigger and bigger to the point that other companies jump onboard too. I thank starbucks for the vouch of confidence with crypto currency. I'm looking forward to buying my first cup with my BTC.

If it goes through, probably a lot more people would start accepting Bitcoin, whether they are in the pharmacies, restaurants, appliance stores, etc. With that, they would be able to lessen tax. Maybe that's why the government is not yet openly accepting Bitcoin as a currency. It will be hard to tax it if it's anonymous, and it shouldn't be taxed anyways. It's just peer-to-peer, which would be ideal for both businesses and people who use it.

What cryptocurrency are you talking about? I think it's just Bitcoin that would be accepted and it's at least the start of something that we all want. It's going to be impossible to immediately accept it but when it grows organically to more users, the price would also grow. We all want that and the practical application of Bitcoin would be added as an advantage, it's another way of payment.

I think if Starbucks accepts BTC this will be the most developed brand in the world without competitors. Starbucks has recognized the potential and development of the BTC, and has planned to embrace the project. That is a wise thing they have realized. I believe in accepting BTC, Starbucks will make more money than they imagine.

Well i guess starbucks won't let itself left behind, and try to follow the development of crypto currency as it is now.
It's a good thing though, and you're right. Bitcoin may give many chances for people, trying to have electronic or digital transaction, new jobs and other new things to try and exprience.
I'm not really sure about the retirement, but if bitcoin surely has great and stable future, it might be great to have bitcoin as retirement money. But if not, i won't risk my money if bitcoin suddenly fall or something, since it's my retirement insurance.

This is a bit of an old "news". Has this been already implemented? Has anyone tried using bitcoin in Starbucks purchases? Not to sound too skeptical as it is would be really cool if they really start accepting bitcoin or any crypto for that matter.

I'm not a fan of starbucks but I do like coffee :) But this news tat starbucks will accept bitcoin in there mode of payment is a huge step for crypto world. Starbucks is present almost anywhere and this will help education people about bitcoin. If starbucks will trust bitcoin or other crypto mode of payment, then people who love starbucks will trust as well. Good luck bitcoin and Alts :)

Not all Starbucks outlets can implement payments with Bitcoin, because there are several countries that prohibit the use of bitcoin and other crypto for transactions, it require to use domestic currency.

So many coffee shops already accepting cryptocurrency in Asia especially in Vietnam, but since Starbucks is a great and well known coffee shop around the world,I think this is really a good move by them.

I’m expecting more businesses to accept not just bitcoin but also altcoins as mode of payment. This is the real purpose of cryptocurrency, it will help us to make our life better than before and I think soon we will reach this goal.

I'd love to purchase anything in starbucks if they accept bitcoin as a payments to buy some drink to them because a popular store accept bitcoin is a very helpful to the bitcoin users and in the market because bitcoin will known not only in the internet society but also in public society does not know more about bitcoin and cryptocurrency.

No, Starbucks won't be accepting Bitcoin (https://www.cnet.com/news/no-starbucks-wont-be-accepting-bitcoin/)

I would love to buy frappucino on Starbucks bringing my android wallet and just scan their QR code when I'm about to pay. But we need an official announcement from them and until now there's none. Rumors said that they want to get into crypto but they want their products to get paid with fiat.

They may exchange Crypto to fiat during payment, for example - thus you technically pay with Crypto, but the company actually receives fiat currency. It is quasi-implementation though, but still will be better than nothing.

Waiting for an official announcement, so far this is just wishful thinking.

Yes we know that's possible.

I just don't understand the idea that they knew what to do but they insist that they won't accept it if there's a way to convert it that way automatically and that is upon paying them for the frap that we will buy. The last news was from August, we just have to be patient regarding this, hoping for the positive one.

Well the more comoanies using crypto currencies, the more popular it becomes. If this news is also true, then it finally come true that i could exchange my crypto currency for something i can actually use or eat. That is a huge leap fron last year and the time when someone bought a slice of pizza for 10K BTC.

Later, they said that they would not accept Bitcoins. Probably, most of the companies are not yet ready for these steps. The crypto volatility scares them as I think.

Exactly, the more merchants accept bitcoin there is a big chance for all of us to gain big profit if we are one of the bitcoin holders. In fact, here in my country some of the starbucks outlet that I visited was a bitcoin accepted and I was excited and happy because I felt during that time I'm the only customer who came there to drink some of their hot coffee and who will pay Bitcoin, imagine just using my mobile they will scan the barcode which I had in my wallet then after a few seconds or less than a minute, that's it! done payment. :)

That's just the reality is, people, start realizing the true value of it until it's really there right in front of their eyes. Some are still skeptical of Bitcoin or any other cryptocurrency but at least there is a start. Some online stores are accepting Bitcoin, and some promotions are being done here in the country that I live in.


I don't know if the right term is they will hold more bitcoin because if you plan to pay something for it, they would use it, not just hold it. It would start attracting more customers and people would be curious about what bitcoin is and how will they get it.

For @biletskiy, where did they say that they are not going to accept bitcoins? In my opinion, the companies should openly accept it and start trading it. It's another opportunity to earn.

well starbucks are too reality with it, but indeed that was good plan for them, and that can make more bitcoin as for daily transaction after all, that was good issues for bitcoin and for any coffee company like starbucks who willing to accept bitcoin

This is what crypto needs to hit the mainstream adoption. As big businesses integrate Bitcoin and see much progress and success in the business dealings and payments, competitors will be compelled to adopt the same strategy of integrating Bitcoin into their payment systems. This will raise the demand for Bitcoin and eventually increases its value on the market.

Thats why crypto is very important in our daily lives its makes our daily living in a easy way like this . If some big restaurant and fastfood accepting bitcoin too as a fee its a big help to all crypto users and also the community . As of now i see some business that use bitcoin as a fee many of that is in here in my country.

If they receive what they need when they have implemented accepting Bitcoin or possible another cryptocurrency, the success that they would have would be mimicked by other businesses. It's just one of the easiest thing to do, copy what other successful companies have done, and once you achieved that, then you can improve the method. Something like that, and we all want that Bitcoin to be largely accepted.

I'm curious about how it made an impact on your life. Was it easier because you can transact on your phone? Rather than fiat cash? The advantage of doing that is you don't have to carry a lot of cash and when a lot of people are using it, it would be better because almost everyone would accept it. What kind of businesses there in your country accept bitcoin?

This may be an advertising behavior of Starbucks. I think that Starbucks accepts or opposes cryptocurrencies that cannot affect cryptocurrencies. It does not have the power to affect cryptocurrencies.

I think it will not only end up as a hint but it will come to reality and this is another good company that's embracing the blockchain technology. It is a good plan for starbucks that would surely draw attention of others too who doesn't want to be left in the competition today.

Bad news again where last time starbucks want accepted bitcoin as payment transaction and now they have stop for accepted bitcoin, is not good ideas for bitcoin become on higher price, we have looking other company want accepted bitcoin.

Amazon accepting bitcoin PayPal accepting bitcoin Starbucks accepting bitcoin
Buy coffe for 10 $ pay 7$ fee wonderful
bitcoin is to expensive

Well as good as this sounds and exciting and good for the bitcoin progression and investments, which is the case but to a certain point, because you have to take the fact that people don't prefer spending their bitcoin on these kind of micro transactions at least not on a regular bases, like you might buy it one or couple of times when it is available but than you will just forget about it or stop buying with bitcoin because it is better to save it or invest it in other things, so it might not have as much impact on the price of bitcoin as most people think, but it is a step toward the right path and will be something that might encourage other companies to do the same.

Well it is a good development in favor of Bitcoin market but i wonder how much a single brew of coffee will cost now to think that there is service fee of every blockchain transaction. So do you think it is really feasible to buy a single cup of coffee using Bitcoin currency?

It will make a deal, cuz it will be more easier to pay instantly and you did not need to wait while all people will buy and pay... More faster service, without any fees for nothing.. All are winners  ;D

definetly its a good news to the community of cryptocurrency,thats someday starbucks plans to accept bitcoin as a payment,because once the plan are accepted  people who want to go in starbucks can easily access an transaction with no hassle,because maybe they can paid there items in bitcoin,and if this would happen the transaction become fast and easier.

More and more big businesses and companies will integrate Bitcoin into their payment systems. Bitcoin is still young in the system and with time, as the people become familiar with it and patronize it, these companies will shift in the attention and interest of the people. Also, as more and more companies adopts Bitcoin payment, it will set their competitors on their toes to also adopt it in order to stay live in the business. This is another great step towards the brighter future of Bitcoin and the entire crypto space.

But it is a risky strategy. If Bitcoin does not really become a great electronic coin, its worth less than it is now, it's definitely a disaster for Startbucks. But I think taking bitcoin is a good thing for this business. Because their products are only for the upper class and the Crypto investors belong to that class. So they will attract more customers.

Well, it would actually be more important if we start seeing more of it in reality. Right now, I still feel we have a very long way to go, but at least, Starbucks making such a move is a start. At least, I want to believe that with LN, the chances of hitting the mainstream adoption level will be there.

For what it is worth though, if we get to see more shops, stores, merchants doing the needful by accepting bitcoin or cryptocurrencies as form of payment at the moment, it would really help in a great way to increase people who make use of it for real life purposes and not just for store of value.

I'm not too surprised about the fact that starbuck has accepted bitcoin as the payment unit. Because the giants in the world are slowly adopting it, such as microsoft or dell ,,, those things increase the trust of bitcoin up. And now I can also enjoy a starbuck coffee without having to pay cash

The regular person does not care about storing value. They live paycheck-to-paycheck so any chance of mass acceptance is dependent on people having means of spending their paychecks on daily needs in crypto. Maybe this, by default, will make the average person more competent in what it takes and means to store value and everyone will have a chance to raise their standard of living.

Kind of, I will say it is a start and if we get to see more merchants from all over the world, doing the same thing, we can actually get to see some pretty good real life usage in the long run.

Sure, this is what we need to be able to see some level of mainstream adoption and to change people's mentality that has made the cryptocurrency space to be more filled with speculation than real life usability which is something that once we are able to see some changes in this perspective, things will turn out to be greater for the space in the long run.

as a starbucks customer I really appreciate the steps taken by Starbucks, of course this is a very appropriate decision to address the development of the technology and economy, payment with bitcoin will be cheaper and more efficient there will be no more queued terms just to pay for the coffee we ordered, we only need to scan the barcode to make payments without having to use a credit or debit card even cash

if they create a convenient way to pay with cryptocurrency, I think it will be an interesting experiment

Yes it’s a very good plan and nobody would like to be left behind and they will all like to make use of Bitcoin, but where the main question comes in is how many of them are ready to buy Bitcoin just because they want to be buying Starbucks when they can easily just go with cash and buy what they need? This is what I’ve been thinking. And those of them who wants to buy it, when they hear that Bitcoin is volatile, they might just lose interest.

I don’t know why this sounds funny to me when I read it, but for sure if they do accept Bitcoin is really going to go a long way to help promote the use of cryptocurrency cause a lot of people when they hear of that Starbucks started accepting a new currency called Bitcoin they will be curious to know what its all about and would love to try it out and that way we will start getting a lot of people to make use of Bitcoin. It’s a good plan.

This is a fine news for everybody who loves cryptocurrency and coffee. I mean, if this is the new tehnology, giant companies like starbucks should be amenable and adaptable to the fast pacing technology to further suit the market they are catering to. In this case, computer savvy clients who want to transact using cryotocurrency. If you can purchase a drink without the use of cash-- only debit or credit cards, then Crypto will not be as much to deliver like any of these. kudos to starbucks if this will really commence.

The main point there is that Bakkt(a Bitcoin trading platform) is being backed by Starbucks but that doesn’t mean that Starbucks is accepting Bitcoin as payment. It also states there that other big names like Microsoft and BCG are backing the platform too and they all have their parts to play and as for Microsoft, it’s providing cloud infrastructure for the service. So Starbucks is not actually accepting Bitcoin, neither are others. All these are just for personal gains for those involved.

Starbucks should push the acceptance of bitcoin purchase on their store as early as this time.
BTC is so low and this is a good chance for them to gain more from people.
i am not a fan of starbucks but most of my friends are addictive to it.

as well as starbuck which is known in most countries, making it easy for customers to make transactions. besides that of course it can also act as an investment for now

Bitcoin as payment to a cup of coffee? Scalability is one of the issues bitcoin has been working on to resolve as soon as possible. Only if bitcoin can resolve the speed of every transaction of bitcoin in the network, for sure bitcoin will go mainstream and can purchase a cup of coffee in Starbucks. Also, need to consider the transaction fees.

I think many stores are gradually accepting Bitcoin as payment that's why it saalso gradually become popular. If the starbuck give a hint and planning to accept Bitcoin then that is good start because startbucks is one of the well know coffee shop in world so if they accept Bitcoin surely its popularity will be rise and possible some of shop will also do the same.

For me I think thats a not a bad choice for them the reason is because Starbucks usually serves upstream customers and local individuals who starves for their product and many of them will use bitcoin pretty much if this will be legalized so I think that the fact that they set the bitcoin payment strategy can attract more people and can hold more bitcoin in the future.

Well if this is actually true then that is a good news for us crypto currency holders. This may actually open new doors and opportunities for other smaller chains to do the same if a global conglomerate is actually adopting crypto currency in their businesses. I just hope that it comes sooner rather than later.

We have seen a breakthrough from Burgerking last year and got a strong controversy from Parliament, some of them even described Bitcoin as just monopoly game money trying to be valuable, while not having any value at all.

I think Starbucks will experience similar obstacles and this will be a cycle of legality that has never been achieved at least in the next 2 years.

Starbucks accepting bitcoin, will only strengthen their status as the forefront in the industry. It will only stabilize their good reputation since people nowadays relies also in the innovative strategies of a certain company. I think that Starbycks embracing amd accepting bitcoin will become more convinient for those customers of theirs who are using bitcoin. People nowadays think that it is safe transacting through bitcoin. Overall, I can say that there is no harm both for the Starbucks' party and the customer's side regarding this issue and that's what important thing to consider in line with the innovation. What may harm both parties is that, if Starbucks will only accept bitcoin because not everyone who drinks theor coffee has the account.

True, Starbucks obviously targets young tech-oriented people, they can't go wrong with accepting crypto.
I think accepting a number of cryptos will be even better for them.
Even though some of you might not like that

Well if it's TRUE it's a very good news to every people that always buy a coffee in Starbucks and its not surprising because many stores are accepting bitcoin as a payment. But of course it's a good news because theres another store are open for crypto or bitcoin.

It is not true. This is an old news and as far as i know, they are not accepting bitcoins directly. Instead they are acting as a flagship retailer for a company. I don't actually remember the name of the company. The company will helps users to convert their bitcoin to traditional fiat currency. So, if you buy a coffee at startbucks you will actually be paying in fiat using that company to convert your bitcoin.

I can't wait to their response if they really allowed and accept bitcoin as a payment for their products. More restaurants now are adopting blockchain while using bitcoin as their main payments for almost of their products. I want to see how they response to the market because some of businesses can't keep their pace due to the volatility.

Well if they really do that, I don't think it will run on every starbuck in every country.
Especially my country where only our national currency is allowed to be used for transaction.

Starbucks is a big company, I mean you can actually just see it everywhere, the people's choice, and for me, it actually is the best served coffee, and this is why If they engage this decision and pursue to be inclined in accepting BTC, then I think that more people would actually buy their products, but I am sure that there would be price changes every often since the price of BTC is volatile, so does their product in via Bitcoin.

As the launching of Bakkt delays to early 2019, we'd likely to see Starbucks payable by crypto with a bit of delay.
Still looking forward to it. =)

That is good news for the holders. I think it really helps our market because the holders will have many big business companions. The crypto market will not die and there will be big changes in the next two years.

I think starbucks has accepted bitcoin already but there are only few people who uses bitcoin for payment. Bitcoin is familiar all over the world but in some specific regions of a certain country bitcoin is not yet being understood on what the system is all about.

As a cryptocurrency user where we can use it in the real world of course very happy even though the store was not in our area. Very few companies or stores use bitcoin as their payment, starbucks plans to use bitcoin as their payment hopefully can make bitcoin is better known throughout the world. Why not? Starbucks is big companies, their outlets widespread in some countries.

currently starbuck is like it is in all countries, of course this is a positive step to start everything. but I am still confused with a country that still rejects bitcoin, of course starbucks must follow the rules in that country and the bitcoiners cannot use it in that country, hopefully all countries will soon be able to accept it.

Still looking for more positive results after this big company adopt the system and succeed, as we do knew that thee market of this leading coffee shop already caters  most well known countries the success will be a symbol that company / businesses can use this currency without having any problem is
all about how they will implement inside the market.

If this is true, it will be very cool. Bitcoin has long been in need of use in the real sector of the economy. Only in this way can he gain real power and influence in the financial world. The strength of any currency lies in its purchasing power and stability. These are the main components of success any money. If you can buy a product or service anywhere in the world and at the same time quickly and without commission, then you do not need to buy different currencies. You can only have one currency. If Bitcoin will be introduced into the real economy, then over time, it simply will not remain competitors.

As I remember, Starbucks said that all the information about the possible usage of Bitcoin by the company was fake. Actually, even if it is true, I do not care. I can live with it.

Thou, bitcoin is known around the world, all I can say is that we should still preserve this kind of stuff. Not everything can be handled by bitcoin. It is good to innovate but come to think of it, old habits die hard... I think that it will be a big change for the customers..

well that good to hear if Starbucks give hint about the accepting in bitcoin, so I think if some store is also accept bitcoin surely it will become more valuable and become more popular. Also if many popular store accept bitcoin then possible those same popular store will also planning to accept once they knew that it easy to used.

I hope other companies will also follow if Starbucks finally accepted bitcoin as one of theirmethod of payment. Starbucks has also numerous store outlets here in our country and crypto users are willing to use their coins as payment. Other merchants are still reluctant in accepting bitcoin of its high volatility and fast price fluctuation. This kind of volatility should be address first to avoid further problems in the future.

These news no longer make any sense to me, you know why? Because majority of them are fake. I have been seeing dumb news like this everyday like Facebook creating their own cryptocurrency and all sort of stupid news that are not making any sense, including Amazon accepting cryptocurrency, but at the end they never happen. So this is not going to work, even if it works, it makes no sense to me.

Yes, that will be the interrelated event which will be to triggering more merchants to start adopting bitcoin as their one of payment option. In the past, when Microsoft added bitcoin as one of payment option (and then removed), it got a lot of media attention and promoted bitcoin to rest of the world more effectively. I'm looking for another similar news at any time soon, if it is from Starbucks then that will be really great.

This is not a rare boon. I don't think Starbucks will affect the cryptocurrency market. In the future, more companies will support cryptocurrencies. Now it only takes time to wait. The cryptocurrency takes off when Apple supports cryptocurrency

More companies like starbucks are also planning to use bitcoin as one of their mode of payment and this will help boost its adoption. Despite of the cryptocurrency's volatility, many online shops and merchants are still accepting bitcoin and other top altcoins and I think this will also speed up the full implementation of the so called cashless society.

it's already december and seems that is has not materialized yet.  will be convenient if it was true.

If we will read the title carefully , it say it is only a hint which also means it is not yet offical .  or maybe the news was hoax , thats why the plan was didnt started  .



Yeah i did notice it .  on our country , many shops and local caffe's are now slowly teaming up with cryptos but even if many counries will follow this idea , i wont believe that it can terminate the use for cash  .

Cashless society is only an expression where people like to use online payment methods or e currencies but that does not mean that cash will be extinct permanently .

this is a great way for us to develop because starbucks helps our work become lighter with the existence of bitcoin not complicated to use this banknote or debit card to spread all starbucks all over the world

The starbucks drop its hint of planning to accept bitcoin, there are maybe reasons that make the starbucks company not yet ready to adopt bitcoin , maybe their system are not yet ready or prepared for bitcoin acceptance.

If this is materialized it would certainly create a new demands for bitcoin which could increase usage and its price. The problems with stability might have an effect on bitcoin usage like in this concept but should they continue doing as such it might just attract new costumers. It is worth trying though this is business and risk is always part of it.