Starbucks is accepting Crypto!

[ppifvtpu]

If this information is more, then understanding encryption will be a good impetus for the whole world. I hope that not only in Starbucks, if some large chain consumer organizations or shopping websites can be accepted by Crypto, it will expand community development faster.

[btccrusher]

Is it true? If yes,
This is a big step and a good news for us. Cryptocurrency lovers will be happy to see this type of involvement from more big companies. I'm sure many other services will follow Starbucks footsteps. Great achievement in 2018.

[bishopcrypto]

I could see Starbucks accepting some of the fast cryptos like Verge / Nano / Digibyte / Litecoin / Eth.

Or getting some of those coins as rewards rather than their shit rewards program!

[eaglewhite80]

Wow, really?) The future is just behind us, soon we will be able to pay for even bread or carwash by crypto, easy, privatly. I heard about that some places started accepting crypto, but Starbucks is huge!

Yeah! I totally believe a time like that will eventually come as some of this little integration at least is a start and with things advancing over time, then it is obvious we have interesting days ahead. Although what the OP mentioned is not a new innovation except for the fleet of cards, there are some platform like purse that has been allowing the exchange of gift card to crypto but in this case, making purchase for the buyer with your gift card and getting paid in crypto. This however, with the way it has been fashioned, is a very great idea and I hope it gets better.

[laracastvue]

Starbucks is accepting crypto-currencies...well sort of anyway, let me elaborate.

At the end of June, there will be a token sale for Zeex which is a platform for gift card suppliers to sell their cards for crypto and us crypto holders to finally get the chance to exchange our crypto for products and services without having to convert to fiat or pay fees. Using the Zeex App you will be able to buy gift cards from big name retailers such as Amazon, Xbox and yes, Starbucks in exchange for crypto with 3 taps of the app.

We've heard many of these new Blockchain startups make lofty claims before but they are often short on delivery not so with Zeex.

They already have partnerships with Zeek their Sister company that will provide them with access to over 350 big name brands. Recently they had another partnership with Russian gift card supplier Giftery and there are more in the pipeline.

But what is really impressive is that they will have the app ready to use shortly after the end of the token sale.

If you check out the video below you can actually see the app in action in a Starbucks coffee shop in New York..be prepared to be amazed!!

https://www.youtube.com/watch?v=LXnBEor6440&t=1s

It was a very good sign, if there will be more companies and stores who are going to accept cryptocurrency as a payment method then there is no doubt that bitcoins might really live forever.

[Marlo Stanfield]

I remember many years ago we could buy gift cards, including Starbucks if I remember correct, with apps on our phones instantly with Bitcoin. Off the top of my head I remember Gyft specifically.

So this is not new at all. I wouldn't be surprised if it was 5 years ago or more that this was a thing. But I could be off a bit on my timeline. Either way, it's definitely multiple years. And Starbucks specifically was a popular choice since you could get the gift cards at a 10 or 20% discount or so when you bought them.

[ethereumhunter]

although it is a good news for cryptocurrency user, I think I won't try this because it still better if I use fiat to buy a coffee in the Starbucks and besides that, I think I will buy in the other coffee shop because, for me, Starbucks is expensive and compare with the other coffee shop, I think the taste is the same with Starbucks. I think if there a big mall that accepting cryptocurrency as their payment, then it will be good enough for us so we can buy our daily needs using cryptocurrency for the payment.

[boyshx]

it's really real and it's been proven to buy a cup of coffee with ETH it's to a very extraordinary masters but in my country there is nothing like it in starbucks

I do not think buy a cup of coffee with ETH. Because if we buy a cup of coffee we will have to transfer ETH to Starbucks' wallet. And at the expense of transferring money, I think we would lose a lot of money if we drink coffee every day

I am not sure what I understood from your post but I do realise that you have valid point here. I will try to explain that in my words and that might be the thing you are saying.

If we keep paying with crypto to Starbucks then it could happen that in very short period of time they will have huge huge stock of ETH and they might just as business will sell it right away for their benefits. Thus it could lead to ETH dumping. This can happen with every other business and thus instead of becoming the utility it can happen that it might turn into dump machine. Lolz.

[popey]

Cool, if even McDollds began to take cryptocurrencies. I hope soon we will see the widespread acceptance of the crypt.

[Pamadar]

it's really real and it's been proven to buy a cup of coffee with ETH it's to a very extraordinary masters but in my country there is nothing like it in starbucks

I do not think buy a cup of coffee with ETH. Because if we buy a cup of coffee we will have to transfer ETH to Starbucks' wallet. And at the expense of transferring money, I think we would lose a lot of money if we drink coffee every day

I am not sure what I understood from your post but I do realise that you have valid point here. I will try to explain that in my words and that might be the thing you are saying.

If we keep paying with crypto to Starbucks then it could happen that in very short period of time they will have huge huge stock of ETH and they might just as business will sell it right away for their benefits. Thus it could lead to ETH dumping. This can happen with every other business and thus instead of becoming the utility it can happen that it might turn into dump machine. Lolz.

Valid point indeed, if this establishment or business becomes a whale since they understand the market, then the possibility is this things to happen, but for me it will nice to see more and more project to collaborate with real business if crypto become more popular and more and more investors and traders will adopt the chain from their everyday's life then popularity will bring it to much better positions no negative interpretation will be spread just adoptions that will continue.

[zilong123]

Well crypto nowadays have many improvements and some popular establishments accepts crypto to their costumers to pay their things this is a good sign that crypto will used like physical money in the future and we hope and looking forward that this might gonna happen.

[Pumuckel21]

i have to admit that this is a very big step for the crypto currencies. Of course this is  not and top solution that you have to change your cryptos for gifft cards before buying

[terible.hunter]

Here it is already very cool news. And they take only in the US? Or can it be done all over the world? Because I think that it will be very cool news for the course to develop very strongly. This will be very good news.

[yukihirasouma]

that's nice if everything accept crypto is the big step for the cryptocurrency in real life let's hope many other service will follow the starbucks

[fulmetal08larz]

This is another milestone achieved for the crypto currency world. Starbucks is a step ahead towards globalization of crypto utilization. Definitely, more merchants will follow through with this step of technological advancement of the way they transact their businesses. This is truly a wonderful and exciting time for crypto to be introduced to the rest of the world.

[LizaIva]

Starbucks is accepting crypto-currencies...well sort of anyway, let me elaborate.

At the end of June, there will be a token sale for Zeex which is a platform for gift card suppliers to sell their cards for crypto and us crypto holders to finally get the chance to exchange our crypto for products and services without having to convert to fiat or pay fees. Using the Zeex App you will be able to buy gift cards from big name retailers such as Amazon, Xbox and yes, Starbucks in exchange for crypto with 3 taps of the app.

We've heard many of these new Blockchain startups make lofty claims before but they are often short on delivery not so with Zeex.

They already have partnerships with Zeek their Sister company that will provide them with access to over 350 big name brands. Recently they had another partnership with Russian gift card supplier Giftery and there are more in the pipeline.

But what is really impressive is that they will have the app ready to use shortly after the end of the token sale.

If you check out the video below you can actually see the app in action in a Starbucks coffee shop in New York..be prepared to be amazed!!

https://www.youtube.com/watch?v=LXnBEor6440&t=1s

it is pitty that we do not ahve starbucks in our country =)  i would love to just test option to pay in crypto for something real

[ukloon]

Paying for items using crypto via gift cards is a great concept that simplifies the transactions and helps to avoid the taxman! Also the conversion rates going from bitcoin to fiat can be extortionate so getting these cards and then going straight to starbucks is a great idea.

[so98nn]

Yes indeed its a great news and i have also heard the same news few days back about Starbucks accepting cryptocurrency to provide you coffee and similarly KFC announced to accept btc.Its great that major companies are now accepting these crypto coins by recognizing its importance and many more in future will follow the same trend.You can buy your favourite stuffs easily soon by paying coins from your wallet at one click.

[bering]

Starbucks is very popular even almost around the world there are Starbucks available but if i'm not mistaken this is related token sale which mean Starbucks will collaborate with other companies and i think this is not pure Starbucks idea to accept cryptocurrencies and it's too early says good news because it could be lack of interest

[Drachmadev]

It will only be a matter of time untill crypto will be accepted in most places with a modular platform that will be compatible with many altcoin wallets

I dont doubt by 2020 more than BTC and ETH will be accepted at a large number of stores worldwide