Starbucks, Nordstrom And Whole Foods Now Accept Bitcoin

[BlueStackz]

I have long heard the news that Starbucks Accept Bitcoin is not new news and in my opinion this is not too much effect on the development of the price of bitcoin and other altcoins.

Just one factor is not enough to really contribute to the development of bitcoin, but it still has its own little effect, for bitcoin to get to a very high development stage, it requires different parts to come together and jointly make the project to succeed.

So if this people are all coming one after the other, it will really be a stepping stone and with time, the market will slowly and steadily be gaining its ground in the world to the point that adoption rate will become so high. We might think all these retail companies are not significant, but they are the ones that really have a very sound working project that will make the value of bitcoin healthy and stable.

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[bhabygrim]

At least those big establishments or merchants are now accepting crypto,
Soon even the small business would follow them and it would only tale some time before every business or merchants accept it.
Now it is going to be used as a regular currency for payment.

[Kimonoe]

At least those big establishments or merchants are now accepting crypto,
Soon even the small business would follow them and it would only tale some time before every business or merchants accept it.
Now it is going to be used as a regular currency for payment.

more and more large companies are following the starbuck trail, of course it will be better for the development of cryptocurrency, there will be many other companies that join in so that it spreads to small companies, so that the development will be even more massive

[Baofeng]

One big question here is what the media and pro establishment response will be, if any. There have been numerous news reports of mcdonalds and other retail giants rolling out their own payment processor systems based around cell phone technology. In mcdonald's case, their implementation was reported to be significantly flawed with many having their money stolen and accounts breached. Crypto currency based payment systems associated with cell phones could be poised to provide a stable and functional merchant platform in an era where such technology is in desperate need.

Yes, I saw some news regarding a Toronto man losing like $2k using Mcdonald's app. But the main point is that this technology is still very young. Lots of growing up pains, just like we witnessed in couple of days. So I would say give at least 2 years for some adjustments to be made here. On the bright side, if no one will take this steps, then we will not know what will be the effect, so there will be lots of "if's", at least we have the answers now.

[sunsilk]

I have long heard the news that Starbucks Accept Bitcoin is not new news and in my opinion this is not too much effect on the development of the price of bitcoin and other altcoins.

Those times when you have heard about starbucks accepting bitcoin, they have denied it and told to the media that they weren't accepting payments in bitcoin.

Like what's written on these articles:

Sorry, But Starbucks Will Not Be Accepting Bitcoin
Starbucks would like to clarify that it is not accepting bitcoin

But now it's a reality that we can now spend bitcoin on Starbucks through Gemini and Flexa's help.

[awik p]

I have long heard the news that Starbucks Accept Bitcoin is not new news and in my opinion this is not too much effect on the development of the price of bitcoin and other altcoins.

Those times when you have heard about starbucks accepting bitcoin, they have denied it and told to the media that they weren't accepting payments in bitcoin.

Like what's written on these articles:

Sorry, But Starbucks Will Not Be Accepting Bitcoin
Starbucks would like to clarify that it is not accepting bitcoin

But now it's a reality that we can now spend bitcoin on Starbucks through Gemini and Flexa's help.

thanks for enlightenment, means to spend it we use escrow, third parties. and do not directly pay to Starbuck. even so at least more and more companies are familiar with bitcoin, even though I haven't used it yet

[millgates]

This will make bitcoin price more stable but still tend to rise. I think people enthusiast to use bitcoin at starbucks will be big so it can be very big help to spread word about bitcoin. I personally want to feel the sensation to use btc at starbucks, it seems that it would be great. But this is the time to hold bitcoin, so it seems that I will not spend my bitcoin now.

[guoyu78]

One big question here is what the media and pro establishment response will be, if any. There have been numerous news reports of mcdonalds and other retail giants rolling out their own payment processor systems based around cell phone technology. In mcdonald's case, their implementation was reported to be significantly flawed with many having their money stolen and accounts breached. Crypto currency based payment systems associated with cell phones could be poised to provide a stable and functional merchant platform in an era where such technology is in desperate need.

Yes, I saw some news regarding a Toronto man losing like $2k using Mcdonald's app. But the main point is that this technology is still very young. Lots of growing up pains, just like we witnessed in couple of days. So I would say give at least 2 years for some adjustments to be made here. On the bright side, if no one will take this steps, then we will not know what will be the effect, so there will be lots of "if's", at least we have the answers now.

This gradual development are the real factors in this world that will guarantee the future of cryptocurrency, now that we have companies like this already integrating the payment program into their system, adoption will easily be achieved, and as crypto adoption continues to spread across the nation with big and smaller companies, there won’t be any need for government to use regulation any more for adoption, regulation will just simply be for government to have some certain control of the crypto program. I am sure in a matter of time; we will have at least 60% of retail companies fully accept bitcoin as payment.

[OrangeSeller]

This is just the beginning of mainstream acceptance in the crypto world, we have been waiting for this day for a very long time and it's already coming to past making us very happy, only an hater of crypto will not rejoice for this kind of good news we receive everyday towards our community, I recently heard that ebay will soon be implementing the bitcoin payment option into its system in no time, this year has been a very create year for cryptocurrency and I am still waiting to hear even much more good news about our community.

[hatshepsut93]

Maybe this isn't what Bitcoin purists have wanted, because those apps are just intermediaries, similar to Bitpay, but this is the Bitcoin adoption that we have today, and if people will be using it, maybe eventually they'll switch to Lightning and direct Bitcoin transactions without any middlemen, just like Satoshi wanted. I'm very curious to look at the stats in one year, to see how many people have tried this payment method, how many actively use it, transaction volumes, etc.

[adzino]

This is actually a very good news, but do you really think bitcoin is actually a good crypto currency to be used as a form of making payment for small stuffs like a coffee? The fee right now is very high. Pay low fee and keep waiting for more than an hour for confirmation? That's a lot in fee or waiting time just for a cup of coffee.

[haidil]

very good news, the growing crypto growth we see the future of crypto, if all the big companies have received crypto, of course there will be lots of people investing and using crypto

[Robotbitcoin22]

very good news, the growing crypto growth we see the future of crypto, if all the big companies have received crypto, of course there will be lots of people investing and using crypto

Don't say this is good news if we don't know the truth, first make sure whether this news is really real or just bullshit. of course if that really happens surely the price of the coin will soar because this is good news and now coin coins are only up a few percent.

[Bitcoin Smith]

It is a good change from the people who trust their Bitcoin payment and they can make the changes through their industries and it is the starting stages from them and I think the future will definitely filled with payments from cryptocurrency.

[BitHodler]

Don't say this is good news if we don't know the truth, first make sure whether this news is really real or just bullshit. of course if that really happens surely the price of the coin will soar because this is good news and now coin coins are only up a few percent.

Acceptance happens through a legacy POS terminal, so while you can pay with Bitcoin there, they don't actually know you do so. The only thing you do is scan the QR they show you to finalize the transaction.

Overall, it doesn't really matter how merchants accept it as long as we can exchange our coins for their goods, because that's how money should work. We can't expect merchants to directly accept Bitcoin themselves.

I'm not sure if this will have an effect on the price. The number of people actually spending their coins is still negligible, so don't expect anything. All eyes are now pointed at the block halving, not merchant adoption.

[Shenzou]

There are also rumors about Ebay considering accepting bitcoin, and as someone who uses it all the time i think that might be actual the spark that will ignite the bitcoin's rocket, and i think that these rumors have a part in the recent price increase and if gets confirmed i think we might actually see bitcoin go to very high values, if eBay accept it and it succeed bitcoin becoming a main stream will just be a matter of time until other major companies do as well.

[uneng]

There are also rumors about Ebay considering accepting bitcoin, and as someone who uses it all the time i think that might be actual the spark that will ignite the bitcoin's rocket, and i think that these rumors have a part in the recent price increase and if gets confirmed i think we might actually see bitcoin go to very high values, if eBay accept it and it succeed bitcoin becoming a main stream will just be a matter of time until other major companies do as well.

Unfortunatelly the ebay rumors are fake news. But it's always good to see more businesses adopting bitcoin and helping this currency to become even more acknowledged for more people in the world. However it won't lead to mass adoption as the customers of the mentioned shops are a very select group of people. If to increase the adoption is the goal, popular shops must accept it as well.

[BitcoinNewsMagazine]

The spending limit using the Spedn app on iPhone is limited to $100 per week. You have to read the TOS at Flexa to find that. Have not read that in any of the press releases.

[rdluffy]

Huge news for me, it`s good because BTC will gain more exposure and in a good way, these are trusted companies and tends to have BTC gain more trust of people in general
Great brands is a good way to gain publicity, and I hope people use coins to pay to make it worth

[jambul_kribo]

Huge news for me, it`s good because BTC will gain more exposure and in a good way, these are trusted companies and tends to have BTC gain more trust of people in general
Great brands is a good way to gain publicity, and I hope people use coins to pay to make it worth

major company in the world that announced accepting bitcoin will bring more trust to investors in market.they become confidence buying bitcoin cause they could use it to pay in any stores especially most popular retailer in the world.more giant company accept bitcoin more investors will interested and believed to bitcoin.