Re: Starbucks ready to accept crypto currencies but says no to bitcoin
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. 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
No they don't want to create any new crypto, where did you read it? I reread the article just to be sure there was no mention. They said they will be accepting some other existing cryptocurrencies but not bitcoin. And as I said above the reason is the fees I think, while the official reason from the article is high volatility.
EDIT:
...
I think it is more likely that they will issue their own crypto, as its been said.
I think it is more likely that they will issue their own crypto, as its been said.
It is how the rumour is born
