I'm having a coffee with Jet Cash, and we are discussing the recent fake news about Starbucks. He doesn't see how any cafe could accept Bitcoin in payment for a coffee. Well maybe if you use Lightning network, but a regular Bitcoin payment doesn't seem viable. Ignoring the issue of high fees, the confirmation time seems to be the problem. With average block creation times of around 10 minutes, it can take up to 20 minutes or so for a transaction to get into a block, and that is providing that it gets into the next creation, and it isn't an orphan. That seems far too long if you are waiting in a payment queue.
I see so many people wetting their pants because some fast food chain is rumoured to be accepting Bitcoin, but I can't see it ever happening. Can you see a way for the cafe to start accepting Bitcoin?
Hmm, isn't this what litecoin was really all about - speeding up blocktimes and faster transactions and maybe a payment method that was technological improvement to btc. Also someone comment about bitcoincash card that you can buy in Starbucks. For me, makes whole process more complicated. I have seen projects like TenX will POS and accompanying card. One company really needs to make a functional crypto payment system that works. We will never get adoption unless this becomes a thing and people use only crypto for speculating and nothing more which is a shame.