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Topic: Buying coffee with cryptocurrency (Read 699 times)

hero member
Activity: 1470
Merit: 502
December 15, 2019, 09:28:26 AM
#59
special cryptocurrencies for paying food the Starbucks company started a step further and that will bring potential to this industry we will see how serious this company later
But I'm sure not all Starbucks outlets accept bitcoin in various countries, maybe they will use this system in countries that have provided bitcoin legality but for countries where there is no legality maybe not. but what Starbucks did was including a step forward in the development of bitcoin
hero member
Activity: 2156
Merit: 531
December 15, 2019, 09:01:18 AM
#58
special cryptocurrencies for paying food the Starbucks company started a step further and that will bring potential to this industry we will see how serious this company later
sr. member
Activity: 1193
Merit: 251
December 15, 2019, 08:25:43 AM
#57
More businesses are accepting cryptocurrency as a payment for their product especially in food and beverage section. In canada KFC are accepting Bitcoin as a payment and now there is a news about Starbucks planing to use blockchain technology and want to make their own coin that can be use to buy cup of coffee.
Link: https://www.coindesk.com/starbucks-chairman-hot-blockchain-cold-bitcoin/

i believe this is good news for uses of cryptocurrency, which is the uses of cryptocurrency as payment would be realize in our future of transaction.
In principle and so on quietly cryptocurrency begin to use. In any case with the passage of time of such services and services for which it will be possible to pay by cryptocurrency only will grow. It's definitely gratifying.
sr. member
Activity: 1988
Merit: 453
December 15, 2019, 12:40:38 AM
#56
The year 2020 is making all these big guys on thinking to have their own Digital Coin.

And their plans are not going to get realized. The latest statements from Mark Zuckerberg and David Marcus indicate that they are looking for an honorable exit from the Libra project. Zuckerberg has realized that by going ahead with the Libra project, he had tried to bite off more than he could chew. All these people just want to use the idea of cryptocurrency for promoting their own corporations, without acknowledging the original inventor (Satoshi Nakamoto). It is not just unethical, but unprincipled as well.
sr. member
Activity: 2366
Merit: 448
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December 15, 2019, 12:34:44 AM
#55
The best crypto to purchase with coffee is with bitcoins lightning network.
This is ideal for small transactions like buying a coffee or even smaller transactions like that.
The adoption for LN is needed to be expanded by the community but many still not aware of it.
not realizing it might be just not understanding because it's not all who use it. because until now crypto even though it is well known there are still many who are not accustomed to and know more detailed. but this is good news and will continue to grow if many retail companies start using this transaction to help introduce further about the existence of crypto itself. then the impact will be wider because people already know and try to try to get to know him better.

Agree, although not many people understand about Bitcoin or cryptocurrency, but if there is a famous company starting to introduce cryptocurrency as a means of payment, I think this is a good start. With a direct introduction and method of use, new investors will potentially come because people who initially don't understand will find out information about cryptocurrency and how to invest

it was called a profitable partnership, so bitcoin was helped to be popularized. if large companies use bitcoin as a transaction then there will automatically be people who want to find out more deeply. pretty good advertising, because it is mutually beneficial
Actually people who always use the internet and social media or anything related to the internet network indirectly surely they already know what cryptocurrency is because there are already lots of advertisements or news about cryptocurrency and especially bitcoin that has been circulating everywhere.
and the problem is they don't want to know more about the benefits of cryptocurrency and some are hesitant to be involved in it because of news about cryptocurrency fraud that has happened so far, and besides that internet access is not good or less supportive for those in remote areas and that is a barrier for those who want to use cryptocurrency and but things like that sooner or later with the growth of cryptocurrency will make everything perfect.
OP is proof of development that cryptocurrency will function like fiat transactions and hopefully many large companies are interested in adopting it and realize the importance of cryptocurrency for everyone and make cryptocurrency users more eager to use it.
newbie
Activity: 2
Merit: 0
December 15, 2019, 12:09:33 AM
#54
The year 2020 is making all these big guys on thinking to have their own Digital Coin.
sr. member
Activity: 756
Merit: 257
Freshdice.com
December 14, 2019, 11:41:21 PM
#53
More businesses are accepting cryptocurrency as a payment for their product especially in food and beverage section. In canada KFC are accepting Bitcoin as a payment and now there is a news about Starbucks planing to use blockchain technology and want to make their own coin that can be use to buy cup of coffee.
Link: https://www.coindesk.com/starbucks-chairman-hot-blockchain-cold-bitcoin/

i believe this is good news for uses of cryptocurrency, which is the uses of cryptocurrency as payment would be realize in our future of transaction.

As the blockchain gets integrated with more facets of the society, it also allows the public to know more and understand what cryptocurrencies really are. It revolutionizes the way we do things as we enter this new era. And, it fires me up to expect what more we can using blockchain technology and what else we can find to be integrated with cryptocurrency.
jr. member
Activity: 168
Merit: 2
mada mada dane
December 14, 2019, 09:42:08 PM
#52
Other than big e-commerce companies accepting Bitcoin as one of the modes of payments on their establishment, there was no news that reached me about fast foods accepting BTC or even a coffee shop. It would be nice to use crypto as payment as it will increase the demand resulting in its stability in the market.
I am hoping though that after e-commerce companies accept BTC other small businesses make some effort and follow through with cryptocurrency's adaptation.
sr. member
Activity: 1020
Merit: 253
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December 14, 2019, 08:47:36 PM
#51
The best crypto to purchase with coffee is with bitcoins lightning network.
This is ideal for small transactions like buying a coffee or even smaller transactions like that.
The adoption for LN is needed to be expanded by the community but many still not aware of it.
not realizing it might be just not understanding because it's not all who use it. because until now crypto even though it is well known there are still many who are not accustomed to and know more detailed. but this is good news and will continue to grow if many retail companies start using this transaction to help introduce further about the existence of crypto itself. then the impact will be wider because people already know and try to try to get to know him better.

Agree, although not many people understand about Bitcoin or cryptocurrency, but if there is a famous company starting to introduce cryptocurrency as a means of payment, I think this is a good start. With a direct introduction and method of use, new investors will potentially come because people who initially don't understand will find out information about cryptocurrency and how to invest

it was called a profitable partnership, so bitcoin was helped to be popularized. if large companies use bitcoin as a transaction then there will automatically be people who want to find out more deeply. pretty good advertising, because it is mutually beneficial
member
Activity: 700
Merit: 10
December 14, 2019, 08:44:52 PM
#50
The best crypto to purchase with coffee is with bitcoins lightning network.
This is ideal for small transactions like buying a coffee or even smaller transactions like that.
The adoption for LN is needed to be expanded by the community but many still not aware of it.
not realizing it might be just not understanding because it's not all who use it. because until now crypto even though it is well known there are still many who are not accustomed to and know more detailed. but this is good news and will continue to grow if many retail companies start using this transaction to help introduce further about the existence of crypto itself. then the impact will be wider because people already know and try to try to get to know him better.

Agree, although not many people understand about Bitcoin or cryptocurrency, but if there is a famous company starting to introduce cryptocurrency as a means of payment, I think this is a good start. With a direct introduction and method of use, new investors will potentially come because people who initially don't understand will find out information about cryptocurrency and how to invest
hero member
Activity: 2268
Merit: 507
Catalog Websites
December 14, 2019, 04:13:14 PM
#49
The best crypto to purchase with coffee is with bitcoins lightning network.
This is ideal for small transactions like buying a coffee or even smaller transactions like that.
The adoption for LN is needed to be expanded by the community but many still not aware of it.
not realizing it might be just not understanding because it's not all who use it. because until now crypto even though it is well known there are still many who are not accustomed to and know more detailed. but this is good news and will continue to grow if many retail companies start using this transaction to help introduce further about the existence of crypto itself. then the impact will be wider because people already know and try to try to get to know him better.
Yes, many still don't use it because many don't know of its existence.
But if everyone starts to adopt it, this is a very helpful move for LN to go on and become famous.
It caters small transactions and with a very fast confirming time.
sr. member
Activity: 2422
Merit: 267
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December 14, 2019, 04:05:09 PM
#48
The best crypto to purchase with coffee is with bitcoins lightning network.
This is ideal for small transactions like buying a coffee or even smaller transactions like that.
The adoption for LN is needed to be expanded by the community but many still not aware of it.
not realizing it might be just not understanding because it's not all who use it. because until now crypto even though it is well known there are still many who are not accustomed to and know more detailed. but this is good news and will continue to grow if many retail companies start using this transaction to help introduce further about the existence of crypto itself. then the impact will be wider because people already know and try to try to get to know him better.
full member
Activity: 630
Merit: 101
December 14, 2019, 04:02:26 PM
#47
I want to be able to shop with Bitcoin. But there is still a basic problem. Bitcoin is a voluntary community. There is no state behind Bitcoin. Large companies can receive payments with bitcoin. They'il turn Bitcoin into dollars! Bitcoin needs to get out of this.
hero member
Activity: 2268
Merit: 507
Catalog Websites
December 14, 2019, 03:49:43 PM
#46
The best crypto to purchase with coffee is with bitcoins lightning network.
This is ideal for small transactions like buying a coffee or even smaller transactions like that.
The adoption for LN is needed to be expanded by the community but many still not aware of it.
legendary
Activity: 3178
Merit: 1054
December 14, 2019, 03:43:22 PM
#45
Coffee with cryptocurrency can really works like example of adoption so if this can apply in business like this then for sure more in future

Then i think we can use this to pay food,tuition fee then more in future like this really brings so much convenience in life so better to buy or invest now because crypto will grow after more and more adoption happen here

what is going on right now with the businesses accepting crypto is that they are suing 3rd party system which you as a buyer will send btc but them as the business will receive fiat. the BTC you send goes into the 3rd party which its them that accumulates all these BTC. basically, its still fiat that we are dealing here. what is to be done is that you and the business like starbucks sends BTC to their wallet from your wallet directly
sr. member
Activity: 1148
Merit: 432
December 14, 2019, 01:24:12 PM
#44
A cup of coffee will obviously not be enough for people to understand the benefits of cryptocurrencies. But many European countries already offer crypto for salary payments, they allow paying for utility bills. Show people that crypto not only allows you to pay or transfer money quickly, but they can also be accumulated for investments to increase your financial income. Then the business of distributing digital currencies will go easier.
Demand is really still very small, although a huge number of excellent coins and projects are amazing. The adoption of cryptocurrencies in society must be combined with information work. For example, the taklimakan platform was created as a new social network so that people who like crypto can communicate with each other, with trading experts, can learn or spread knowledge about digital currencies. There is no goal to support a specific ico project, but the task is to create a society that is aimed at the use of crypto for different life goals.

I think the matter is purely in choosing an information policy. If the government wants people services to be able to use digital technology, they start talking more often about blockchain and cryptocurrencies. The transition to mass can have an effect if crypto is well received by the business and applied to payments.
I faced the problem of money transfers to another country due to the fact that the western union is very expensive, but the paypal is just not yet approved. You have to spend money on intermediaries. But I was convinced that it was time to offer customers to pay for orders with cryptocurrency. This really saves their time and money for commissions and does not impose restrictions on the country of residence.

Adaptation of crypto is not so difficult. Many retailers have loyalty cards. Supplement them with your own tokens which can also be used to pay for goods in our and partner stores and we get a simple system for setting priorities of digital currencies over fiat. Of course this is my imagination, but I’m sure enough to try so that the business begins to implement it.

In some countries this might be a breath of fresh air, and so do I think, but not necessarily my country will accept this, until now cryptocurrency is still being debated about its legality. As a result some places that can use bitcoin or anything considered as doing illegal transactions. In the future, I hope that the government realizes that cryptocurrency can be an option.
hero member
Activity: 966
Merit: 535
December 14, 2019, 12:48:23 PM
#43
Where I live there is a place that sells miners and you can pay instore with bitcoin. You can also sit and have coffee in their coffee house which you can also pay with, with bitcoin. I am still yet to visit though.

A cup of coffee will obviously not be enough for people to understand the benefits of cryptocurrencies. But many European countries already offer crypto for salary payments, they allow paying for utility bills. Show people that crypto not only allows you to pay or transfer money quickly, but they can also be accumulated for investments to increase your financial income. Then the business of distributing digital currencies will go easier.

when you buy a coffe and you pay using a crypto you will already understand the benfit or purpose of crypto which is for payment  but this isnt the only use for crypto because aside from buying a coffee you can also use your cryptos to buy any other stuffs in many market places but its rare to see crypto being used as a form of salary payment on offline jobs that are not related to cryptos  although it was cool to to hear that idea   . only the asset use of cryptos are not yet figured out by the many but we can educate them if we want to  .
Still not that popular to be used with salary system unless it's related to crypto jobs. Like you its good to hear that there's certain companies who will use this system to pay their employees maybe not yet but soon  in the future it's not just pizza or coffees but some other business venues that will also adopt and accept crypto system. Much better to see wide range services who also offers and accept cryptocurrencies.

It doesn't have to necessarily be "crypto jobs" there are many websites you can use to make money online and they not directly crypto-related. website admins have been able to be paid in crypto for quite some time now.
Or you could always just but bitcoin with your pay check.
sr. member
Activity: 1050
Merit: 252
December 14, 2019, 12:40:31 PM
#42
A cup of coffee will obviously not be enough for people to understand the benefits of cryptocurrencies. But many European countries already offer crypto for salary payments, they allow paying for utility bills. Show people that crypto not only allows you to pay or transfer money quickly, but they can also be accumulated for investments to increase your financial income. Then the business of distributing digital currencies will go easier.

when you buy a coffe and you pay using a crypto you will already understand the benfit or purpose of crypto which is for payment  but this isnt the only use for crypto because aside from buying a coffee you can also use your cryptos to buy any other stuffs in many market places but its rare to see crypto being used as a form of salary payment on offline jobs that are not related to cryptos  although it was cool to to hear that idea   . only the asset use of cryptos are not yet figured out by the many but we can educate them if we want to  .
Still not that popular to be used with salary system unless it's related to crypto jobs. Like you its good to hear that there's certain companies who will use this system to pay their employees maybe not yet but soon  in the future it's not just pizza or coffees but some other business venues that will also adopt and accept crypto system. Much better to see wide range services who also offers and accept cryptocurrencies.
newbie
Activity: 27
Merit: 0
December 14, 2019, 12:36:33 PM
#41
A cup of coffee will obviously not be enough for people to understand the benefits of cryptocurrencies. But many European countries already offer crypto for salary payments, they allow paying for utility bills. Show people that crypto not only allows you to pay or transfer money quickly, but they can also be accumulated for investments to increase your financial income. Then the business of distributing digital currencies will go easier.
Demand is really still very small, although a huge number of excellent coins and projects are amazing. The adoption of cryptocurrencies in society must be combined with information work. For example, the taklimakan platform was created as a new social network so that people who like crypto can communicate with each other, with trading experts, can learn or spread knowledge about digital currencies. There is no goal to support a specific ico project, but the task is to create a society that is aimed at the use of crypto for different life goals.

I think the matter is purely in choosing an information policy. If the government wants people services to be able to use digital technology, they start talking more often about blockchain and cryptocurrencies. The transition to mass can have an effect if crypto is well received by the business and applied to payments.
I faced the problem of money transfers to another country due to the fact that the western union is very expensive, but the paypal is just not yet approved. You have to spend money on intermediaries. But I was convinced that it was time to offer customers to pay for orders with cryptocurrency. This really saves their time and money for commissions and does not impose restrictions on the country of residence.
hero member
Activity: 1400
Merit: 505
December 14, 2019, 12:14:52 PM
#40
More businesses are accepting cryptocurrency as a payment for their product especially in food and beverage section. In canada KFC are accepting Bitcoin as a payment and now there is a news about Starbucks planing to use blockchain technology and want to make their own coin that can be use to buy cup of coffee.
We are seeing maturity in the market as times goes and i am not a fan of everyone creating their own coin to trade, if we are to do that then how long will that market survive is the biggest question, we have bitcoin and if everyone starts accepting bitcoin then it is well and good but for everyone to create their own blockchain is just ridiculous.
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