Re: Starbucks ready to accept crypto currencies but says no to bitcoin

Quote from: HasHe on January 31, 2018, 11:24:14 AM

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

So you're saying that they might create their own cryptocurrency? am I right? Maybe the reason they won't accept bitcoin because they might be worried that it will burst at any time like what other anti-BTC are saying which as a result more people are cautious in dealing/buying/using bitcoin as a payment method in their businesses and transactions.