According to GeekWire, Coinme, a manufacturer of cryptocurrency ATMs from Seattle, has entered into a partnership agreement with the manufacturer of Coinstar machines, which will allow paying for purchases with bitcoins in grocery stores.
The new partner Coinme has introduced service in Safeway and Albertsons supermarkets in California, Washington and Texas. Kiosks will allow customers to purchase bitcoins for cash of up to $ 2,500. Upon completion of the transaction, the system provides a code that can be used on the Coinme website to get acquired bitcoins.
Despite the fact that many people call the current period "crypto-winter", Coinme CEO and co-founder Neil Bergquist believes that a startup with ATMs is flourishing: "Our customers use Bitcoin for remittances, diversifying their savings or simply as a gift for family members interested in Bitcoin."
Coinme's CEO and Co-Founder Neil Bergquist is convinced that cryptocurrency is now more useful than ever: "People stop gambling with the price of cryptocurrency and are beginning to use the technological advantages of the blockchain."
Do you think people who own Bitcoin will pay for their daily purchases? Everyone remembers that pizza was worth 10,000 bitcoins, now it would be a huge fortune.
No, because local exchanges has huge transaction fee. The ideal way in purchasing products or services is.by using fiat money where one does not need to join for a loc ezchages to get bitcoin but will eventually if you have already a transaction fee will be deducted for converting fiat to crypto. So I will.not suggest to buy bitcoin just for the purpose of purchasing products. Bitcoin is not efficient for this.