Starbucks drops hint at plans to accept Bitcoin

[strideynet]

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

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[hualy2]

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.

[rickadone]

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.

[hometester]

I hope this will affect the growth of cryptocurrencies

[kristineirene]

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.

[basyang]

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

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.

[Flor1982]

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.

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.

[zhanyiguai261315]

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!

[ucingucingan]

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

[ucingucingan]

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!

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

[SunJAB]

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

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.

[jeronimosuykens]

I hope this will affect the growth of cryptocurrencies

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.

[RudeeTam]

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.

[crwth]

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.

[Don Pedro Dinero]

The point @ the bottom about making bitcoin a safer choice for 401k's, IRAs and retirement plans is interesting. I'

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 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.

[admosfir]

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

[Robbio]

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

[KeepupSlim]

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.

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

[Etesian]

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...

[ShitTL]

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