RE: Starbucks Wants to Accept Cryptocurrencies - Lets Get STEEM There!

You are viewing a single comment's thread from:

Starbucks Wants to Accept Cryptocurrencies - Lets Get STEEM There!

in steemit •  7 years ago 

Seems not really well informed, coming out with an announcement like that just before LN comes consumer ready. I guess they will create their own crypto then.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

My bitcoins are far too valuabel to spend on Starbucks, no way will I waste it on that not enough Bitcoins around for this. Better options avaialble...

CoffeeCoin!

Thats funny I thought I was the only one that played with this one.

If they do create their own, it'll be a marketing stunt. They don't need a coin! They already successfully accept payments all around the world with the Starbucks app / giftcard system which integrates well with their contests, rewards and "star challenges". The ironic thing is that many people I know have been purchasing Starbucks with Bitcoin for over a year (through crypto-debit cards like TenX or buying Starbucks giftcards with Bitcoin on sites like coincards.ca).

Yeah, gift-cards basically are store-specific cryptos. It doesn't really make sense for an individual store to make a crypto.

congratulation

They know if they announce the crypto/crypto's they will be accepted will basically be market manipulation. It would cause a massive pump in the ones involved. Too me that sounds great but they are just getting everything lined up before they announce.