Edeka "A big largest German supermarket corporation" accepts bitcoin

[Lauda]

It's only a "just" because they immediately change Bitcoin to fiat money.
Accepting Bitcoin is a big step, no questions (particularly in the conservative Germany).
But I would like to see that they only accept Bitcoin, without a middleman.

What's your point? Bitpay does not dump it on the market for fiat, so there is no problem. AFAIK Bitpay is working with its investors and they buy those coins. There was a statement regarding this a few months back. They just "dump" it to investors. You can't honestly expect a established business to take a risk with something new that they probably do not even properly understand.

This is just a single market operating under the Edeka franchise. It is not the entire Edeka group. As you can read in the Wikipedia article, Edeka "consists today of several cooperatives of independent supermarkets all operating under the umbrella organisation".

Out of all the supermarkets it is just a single 1? Are you sure about that? Where would it be located.

[Lucius]

It's only a "just" because they immediately change Bitcoin to fiat money.
Accepting Bitcoin is a big step, no questions (particularly in the conservative Germany).
But I would like to see that they only accept Bitcoin, without a middleman.

It would be great if they pay salaries of their employees in Bitcoin.

You get your salary at Bitcoin price of 230$,and tomorrow you wake up and Bitcoin worth 250$ or maybe 200$

[bryant.coleman]

You can't really compare the two. Walmart:
Revenue $ 485.651 billion (2014)
Number of employees: 2.2 million

No. We can compare Edeka with Walmart. Walmart is the biggest supermarket chain in the United States. And Edeka is the biggest of its type in the Germany and probably the second largest one within the European Union (after Tesco of the United Kingdom). Right now, Edeka is holding a 26% market share in Germany, and it is increasing at a good pace.

[IIOII]

This is just a single market operating under the Edeka franchise. It is not the entire Edeka group. As you can read in the Wikipedia article, Edeka "consists today of several cooperatives of independent supermarkets all operating under the umbrella organisation".

Out of all the supermarkets it is just a single 1? Are you sure about that? Where would it be located.

I'm sure. It's a single market located in Hamburg. See here: https://www.edeka-lebensmittel.de/webshop/impressum/
Edit: Look at the Edeka-logo at the homepage. It says "Edeka Bleise", because Dennis Bleise is the operator of this single market.

The homepage of the Edeka Group (located in Hamburg as well) is: http://www.edeka.de

[LiteCoinGuy]

that could be true. but everything starts with one guy 

[Kprawn]

Baby steps will also get you to the Moon... it just takes a little longer.  ...It's great news, but it's unfortunate that the timing is a bit bad... not a lot of people are spending

Bitcoin lately with these low prices. Merchants might be disappointing with the Bitcoin sales figures now... 

Today it's one supermarket... tomorrow it's the whole group.... and eventually all of them... Let's just hope, some of the German Bitcoin users will support it.   

[Lauda]

I'm sure. It's a single market located in Hamburg. See here: https://www.edeka-lebensmittel.de/webshop/impressum/
Edit: Look at the Edeka-logo at the homepage. It says "Edeka Bleise", because Dennis Bleise is the operator of this single market.

The homepage of the Edeka Group (located in Hamburg as well) is: http://www.edeka.de

Thank you. Honestly, I did not check the website after asking the question. I guess it is still much better than nothing. Hopefully other stores will catch on.

No. We can compare Edeka with Walmart. Walmart is the biggest supermarket chain in the United States. And Edeka is the biggest of its type in the Germany and probably the second largest one within the European Union (after Tesco of the United Kingdom). Right now, Edeka is holding a 26% market share in Germany, and it is increasing at a good pace.

I would disagree though. You have to compare the US to Germany then. The population that Walmart serves is just much larger than the one that Edeka serves in Germany. Besides, Walmart is literally (we could say that) everything compared to Edeka (which has some hypermarkets). I would say that Walmart is a "hyperhypermarket".   

[bitwarrior]

This is good news indeed. Hopefully other establishments in Europe will follow this example.

[gogxmagog]

It's something... Germany has a pretty good btc community, Berlin even has a Bitcoin street where all the vendors transact in btc. Still, unless one of these big retailers also offers to pay employees or even buy from btc accepting suppliers, thus keeping the chain of btc transactions unbroken, it doesn't make much difference. I think big guys like this German grocer are merely testing the waters to see how many of their customers actually want to pay with btc.

[Kakmakr]

I will take any adoption of supermarkets as a step in the right direction. If I had 10 000 Satoshi's for every time
someone asked me, "Can I buy bread and milk with Bitcoin?" I would have had several Bitcoins by now.
People want to buy everything with Bitcoin that they are currently buying with fiat money.

Supermarkets open up a whole new market and demand for Bitcoin and enable mainstream adoption.

[coinpr0n]

Only one shop, but this is still a great move. First supermarket of the kind that I have heard of accepting bitcoin. Well done!

[thoth-Atlantian]

Come on ALDI !!!! I need a new...... Stuff

[rico666]

http://bitcoinblog.de/2015/04/02/supergeil-bei-edeka-mit-bitcoins-lebensmittel-bestellen/

Nevertheless I wrote today a congrats letter to Edeka Management

https://www.edeka.de/kontaktformular.jsp

and hope that I will soon be able to just scan the QR-code at the PoS.


Rico

[|Bitcoin|]

I'd like to see their statics after a year. If it grow it mean that more people is playing with bitcoin.

[b457]

I'd like to see their statics after a year.

The owner of this Edeka market said that the experiment was successful. About 5% of customers have paid with Bitcoin.

Für Bleise ist das Experiment mit Bitcoin bislang klar erfolgreich. "Aktuell nutzen 5 Prozent unserer Kunden diese Zahlungsmöglichkeit".
(http://bitcoinblog.de/2015/09/04/edeka-bleise-5-prozent-der-kunden-zahlen-mit-bitcoins/)

The article is from the 4. September and the "experiment" started in April.

[Denker]

I'd like to see their statics after a year.

The owner of this Edeka market said that the experiment was successful. About 5% of customers have paid with Bitcoin.

Für Bleise ist das Experiment mit Bitcoin bislang klar erfolgreich. "Aktuell nutzen 5 Prozent unserer Kunden diese Zahlungsmöglichkeit".
(http://bitcoinblog.de/2015/09/04/edeka-bleise-5-prozent-der-kunden-zahlen-mit-bitcoins/)

The article is from the 4. September and the "experiment" started in April.

5 percent is a nice start for such a short period of time. I would like to see more Edeka stores implement Bitcoin as a payment option.
The next days I'm being again in Hamburg and will try to check out if payment via Bitcoin can also be done in store and not just online.

[lahm-44]

seems like a very successful step toward the development of country..I hope someone in my place can build something like this too btw some of peoples accept bitcoins in their shops in my country

[Q7]

Does this involve over the counter payment or does it only applies to online grocery purchases. Firstly i can't imagine how that would work out for the over the counter scenario but for online, should be similar as any other bitcoin application. Looking at their business operation and revenue income i can imagine they are very big and if it is true, indeed it's a step forward for bitcoin

[mallard]

If only big supermarkets in the UK would accept BTC too (even if it was through BitPay).
Right now I have to buy gift cards with BTC.