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Author Topic: Massive global adoption for cryptocurrency inbound  (Read 91 times)
rdbase (OP)
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September 13, 2021, 02:22:42 PM
 #1

Some news coming in that Walmart, a huge retailer in the US, has agreed to start accepting a cryptocurrency litecoin for payments on the products sold.
This is a big move forward for mass adoption and at a global scale in the coming months.
If this does succeed expect other retailers to follow such as amazon to start accepting some cryptocurrenies as payment directly and not use a middle man to process these payments as they currently doing using a gateway.
Litecoin first, since it has less in transactions fees then the almighty bitcoin next.

sources: https://www.reuters.com/business/retail-consumer/walmart-accept-litecoin-payments-2021-09-13/

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stompix
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September 13, 2021, 02:41:48 PM
 #2

Walmart says crypto payments announcement is fake. Litecoin tumbles after spike
https://www.cnbc.com/2021/09/13/walmart-to-accept-payments-with-cryptocurrencies-using-litecoin.html

But I doubt 99% of the users will ready anything but the title, so OP , better to lock the topic.

Quote
The announcement referenced a non-working website in the email of one of the contacts listed, raising suspicions.

The news release said that Walmart, the biggest retailer in the U.S., would accept cryptocurrency for payments from shoppers, utilizing litecoin. The release was never listed on Walmart’s official corporate website.

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rdbase (OP)
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September 13, 2021, 02:59:05 PM
 #3

Yeah Stompix seems that these tweets were either announced prematurely or walmart did not do a partnership with litecoin to begin with.
Globalnews site posted on their website and all the financial market websites followed in the announcement.
Which was all false according to this site I brought up a few minutes after looking for more sources.
Where they even edited their initial announcement 16 minutes later posting it.
https://www.forexlive.com/Cryptocurrency/!/wal-mart-says-intends-to-allow-shoppers-to-make-payments-with-crypto-20210913

Just goes to show with just one tweet can either pump or dump.
Sound familiar?

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