Starbucks, Facebook Microsoft Amazon and many many more began to adopt crypto

[romero121]

Rather than the adoption and acceptance within their services, Facebook coming up with its own cryptocurrency is a big thing. When Facebook has officially revealed information regarding the cryptocurrency and its features we can see more large scale firms from now on getting into development or tokenizing their services.

Starbucks, Microsoft and other firms have been accepting bitcoin, but what the circulation happens through the same is very low, we need the market to get widen and for the same there needs to be good awareness about cryptocurrency and its necessity in the present world. This is done by Facebook and hope the falling year will be a very big year for almost every cryptocurrency including libra.

[arbifahrozy]

in my opinion, with a lot of major companies going into the crypto business, the development of crypto is very promising. Yes, let's say Facebook will release its LIBRA coin. by looking at the development of LIBRA, more and more companies will also follow the steps of Facebook.

[hahay]

in my opinion, with a lot of major companies going into the crypto business, the development of crypto is very promising. Yes, let's say Facebook will release its LIBRA coin. by looking at the development of LIBRA, more and more companies will also follow the steps of Facebook.

Of course that will have a very good impact on the growth of the crypto industry because with continued and ongoing adoption it is very likely that in the future more large companies will follow the steps made so far and that also makes the cryptocurrency more legal and we don't some know that in the future maybe the government will make something very good because indeed this growth must have a very good effect too.

[iv4n]

It`s what we have been waiting for, all of them to join crypto. Most of us see this coming, big companies making their own coins, it`s was logical step for them, they have money, they have big teams. This will be good for entire crypto industry, people will hear about crypto, people will start to use crypto.
What concerns me will people be able to recognize true power of decentralized crypto currencies, will people dump their fb and microsoft tokens for bitcoin or litecoin?
Someone should make a pool about investing in facebook, microsoft and amazon coins, how many people from here thinks about doing that?

[darewaller]

Everyone has their own way of participating in the crypto business, but one thing for sure is that they are all doing it for the money. Every one of them now sees crypto as a new business and they are now jumping on it in any way possible to utilize the opportunity and bring in more money to the Company. This is the first time I’m getting to know that Amazon even has a Blockchain, but they are not accepting cryptocurrency, maybe cause it wouldn’t fit their system of business or whatever. So they just created a Blockchain for companies that works on cryptocurrency, so that they can collect money and that’s it. Then Facebook also created their own coin and I’m sure the purpose there is also to grab money as well.

[Nellayar]

They are instantly emerging with cryptocurrency. I am admire their adaptability. But I also happy that the world begins to integrate cryptocurrency to our life and know what cryptocurrency might bring to us. These large giant tech will boost the popularity of crypto. I am sure someday, many people will engage fully with this industry. And to us pioneers, we will also be benefited once our investment here in crypto space will result for a good outcome when investors multiplied.

[Ridwan Fauzi]

in my opinion, with a lot of major companies going into the crypto business, the development of crypto is very promising. Yes, let's say Facebook will release its LIBRA coin. by looking at the development of LIBRA, more and more companies will also follow the steps of Facebook.

Of course that will have a very good impact on the growth of the crypto industry because with continued and ongoing adoption it is very likely that in the future more large companies will follow the steps made so far and that also makes the cryptocurrency more legal and we don't some know that in the future maybe the government will make something very good because indeed this growth must have a very good effect too.

Facebook is the giant social media, they have instagram and whatsapp also to make an advertising about cryptocurrency. So as most people will know cryptocurrency with an easy way. But I doubt libra coin will be success to be accepted as payment methode by most countries. The government will know that libra is cryptocurrency which is why it systems is still same with bitcoin. Maybe just a little chance libra coin will be accepted by government because most companies/merchants will look the regulation first before they make a decision to adopt it or even they will create it's own cryptocurrency.

[bitbunnny]

The only issue I have with this so called adoption is that is not a direct Bitcoin-to-Bitcoin transaction though. They still have someone in between like Bitcoin Payment Processor, like Bitpay or and Flexa as in the case of Starbucks. So we are still a far cry from the so called global adoption, we wanted we see is those big companies accepting Bitcoin directly, in my opinion.

Yes, that is an issue.but I'm not sure we will ever overcome it. Direct Bitcoin payments are still too risky and too slow for businesses and global adoption if we can call it so at the moment can't function without payment processors. Still that is not so bad and crypto has made a progress as a payment method, we can't deny that.

[HatakeKakashi]

More stores accepting crypto and it will grow around the world and even my country are now adapting bitcoin payment and they have restaurants that accept bitcoin payment I do not know if the Starbucks in the mall accepts bitcoin payment. Do you think starbucks accepting payment is all starbucks branches worldwide or it will selected branch only?

[akuser]

Increasingly convinced that every company has taken a good position and does not want to lose the opportunity.
and inevitably they find new ways to double their profits. Crypto will be found in every store.

[EdenHazard]

This is only the metter of time, payment system has been changing each time. Because all we know the online store has been popping up thus far which is mean the digital currency will play here. If there is someone who wonted to use payment system with digital currency (money fiat) then that's the beggining how cryptocyrrency will be accepted. In my country there are a lot of new wallet to be use as payment system. I mean,  some platform to be use as a place to save money has been spreading. They are willing to go to supermarket to top up their wallet platform to be use as payment system. So, m-banking have no popular at this time, I hope cryptocurrency can be known by them until he will easy to make a deposit to his wallet.

[Oilacris]

Increasingly convinced that every company has taken a good position and does not want to lose the opportunity.
and inevitably they find new ways to double their profits. Crypto will be found in every store.

They did just simply adopt blockchain tech but I don't see for it to be connected with crypto overall adoption.They do just jump in with the hype but it doesn't really have any difference on traditional stuff.

[AlehandroTheGreat]

Do you know why? Because people do not like to pay somebody for nothing (I am speaking about the fees for nothing)..... People do not like to pay for wisdom and also bit giants as facebook/microsoft, amazon etc do not want to miss the opportunity not to pay government for this "wisdom"    Easy scheme, all like it 

[LogitechMouse]

I think they are after the technology and not the coin itself. See Facebook. They have created their own coin to support the technology and I think this will create a domino effect since there is a huge hype that has been created when Facebook announced that they will create their new digital currency which is Libra.

Anyway, this is another step towards the adoption of the technology and the crypto itself.

[GreatArkansas]

I think they are after the technology and not the coin itself. See Facebook.

You have point, just like JP Morgan Coin and now Goldman Sachs started to look about the cryptocurrency. This could be a huge adoption on cryptocurrency, once big companies starting to take a step on cryptocurrency.

They know that cryptocurrency started to trend, they know what cryptocurrency can do and also it can really help their own businesses. I will not be surprised soon for the massive adoption of cryptocurrency, this is just starting, still more ups and downs.

[max3372]

I heard that the government of the USA will negotiate with Facebook. They afraid of that Libra may destroy banks.

[diazepam666]

in my opinion, with a lot of major companies going into the crypto business, the development of crypto is very promising. Yes, let's say Facebook will release its LIBRA coin. by looking at the development of LIBRA, more and more companies will also follow the steps of Facebook.

We have to consider these giants as beggar in front of Bitcoin. Whatever they can will not be work well on their positive side. Please be Happy people are forefront of these companies.
Kindly don't believe this Facebooks new coin which is not go helpful for any question in this forum.
This project is for giant investors who can make giant investment.

[Kemarit]

So now, we have seen what Facebook wanted to do, to have their own crypto or token. However, US law makers wanted to put a halt on it until they truly understand what is the future implications of Libra will do us, consumers. I mean they are already powerful enough, what more giving them the capability as a payment system?

The only issue I have with this so called adoption is that is not a direct Bitcoin-to-Bitcoin transaction though. They still have someone in between like Bitcoin Payment Processor, like Bitpay or and Flexa as in the case of Starbucks. So we are still a far cry from the so called global adoption, we wanted we see is those big companies accepting Bitcoin directly, in my opinion.

Yes, that is an issue.but I'm not sure we will ever overcome it. Direct Bitcoin payments are still too risky and too slow for businesses and global adoption if we can call it so at the moment can't function without payment processors. Still that is not so bad and crypto has made a progress as a payment method, we can't deny that.

That's why we have LN, I'm very positive about it, might takes years to adopt though, but we have heard some coffee shops in Europe are testing it already. And we have seen lots of crypto companies developing their apps. LN Labs just releases their lnd v0.7-beta! and then Electrum developing its LN support as well.

[boris2470]

I am 99.9% sure that Libra project by Facebook will be implemented and thousands of people will participate in the token sale. However, I don’t believe it after Zuckerberg betrayed its users and fu*ked customers personal data. What do you think will be Libra scam or not?

[rizkyalhabsy]

The blockchain is a highly qualified project and can collaborate with companies to advance a wider blockchain project better to increase collaboration with social media companies that might develop rapidly because social media is now a communication tool that can spread rapidly and this will make the blockchain can be known to the wider public who want to succeed through the blockchain