Post
Topic
Board Bitcoin Discussion
Re: Starbucks ready to accept crypto currencies but says no to bitcoin
by
bug.lady
on 31/01/2018, 11:29:57 UTC
Starbucks is going to become the pioneer in high street shops to accept crypto currency payments.It has said that it would soon incorporate blockchain as part of payment strategy but says no to bitcoin.

Starbucks Chairman Howard Shultz said that they would not be ready to accept bitcoin.

What might be the reason for this?

Is it bitcoin's high volatility or high transaction fee issue?

Here is the link

https://www.express.co.uk/finance/city/910629/bitcoin-cryptocurrency-news-latest-Ripple-Ethereum-price-value-surge-starbucks-payment



I would be thinking of high fee issue. Lately companies were dropping the support for bitcoin payments they used to have (like Steam, for instance).

But generally, all that discussion with company A accepting bitcoin and company B dropping it makes me feel like I magically time-travelled back to say 2015. It was in those early days that everybody discussed hot topics on who accepts bitcoins now and who not.

Are we really back to that level? That accepting bitcoins is such a big deal nowadays? I would think we as a community and bitcoin as a currency, we are all more mature. But it seems we are not.....