Chairman of Starbucks: Bitcoin is not a legal currency but can be a reliable digital currency

in bitcoin •  7 years ago 

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At least according to the chairman of Starbucks, Schultz (chairman of Starbucks) made this prediction at a press conference after Thursday's gains, confirming, as most managers do, Executives said that the technology can be used outside of applications based on digital currencies. Schultz said during the conference call that can be found on the site Starbucks:

The former Seattle Supersonics confirmed that Starbucks is not planning to launch its own digital currency, as Kodak and Burger king have done in Russia in recent months. Increased consumer interest in digital payment options makes it necessary for companies like Starbucks to anticipate consumer behavior in the future. Schultz said:

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Starbucks is currently testing its first non-cash shop in Seattle, while central banks around the world are exploring how to use the technology to build digital currencies. On the other hand, it seems that the "Cryptoruble" proposed by Russia began to draw attention, as the network "RT" on Thursday, that the legislator introduced the bill to the parliament of the country in an attempt to provide legal tender for the currency supported by the state. Meanwhile, an official with the People's Bank of China published this week an explanation of the government's view of the CBDC's monetary currency, which will replace the cash. While Venezuela is said to be planning to suspend what is already offering the initial currency to distribute its petro currency, backed by oil reserves, although some analysts believe the allegations are questionable.

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