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

After reading the whole article it seems that this man is trying to gain the popularity through the use of crypto blockchain. I mean there is no reason fro him to disqualify the pioneer that is bitcoin in the first place.

He clearly mentioned that bitcoin has dropped a lot and might continue to drop this year. But on the other hand he speaks more about the successful currencies like Ripple, ETH etc. It clearly mentions that he is behind the money and not given a shitty about the bitcoin if it does not makes him fortune at all.