Post
Topic
Board Bitcoin Discussion
Re: Starbucks ready to accept crypto currencies but says no to bitcoin
by
styca
on 04/02/2018, 11:44:41 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

The reason they are accepting crypto is that they are trying to be trendy and edgy. Their marketing people think that an association with crypto makes them look cool. I suspect they have absolutely zero real interest in crypto, be it bitcoin or alts. It's purely a PR gimmick.