Post
Topic
Board Press
[2018-12-02] Starbucks Accepting Bitcoin – How Could This Increase Bitcoin’s Ado
by
zerocrypted
on 02/12/2018, 15:30:00 UTC
Recently, we reported that the giant Starbucks may accept Bitcoin as a payment in 2019. This came as a result after the august news, where Starbucks said that people may convert digital currencies at Starbucks into U.S. Dollars. Cointelegraph & QZ accurately reported what Starbucks wanted to say with their announcement:

“Rather the exchange will convert digital assets like Bitcoin into US dollars, which can be used at Starbucks.”

Which let’s face it, its even better than the news that people interpreted. So, Starbucks may not accept Bitcoin – probably due to the regulations & volatility. Instead, they will offer their customers the chance to convert Bitcoin into USD and purchase coffee – if they want. Basically, they will act as a Bitcoin ATM – which will convert the digital currency into FIAT and then let the client decide if they want to purchase a coffee or not. [.....]

https://zerocrypted.com/starbucks-bitcoin/