Microsoft and Starbucks signed on to use the new platform for payments and accep - page 2.

aoluain

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Quote from: b3llsf1l3s on August 06, 2018, 06:41:16 PM

i think you will need more refference about that, a few hours ago, i just found out on LinkedIn that Starbucks won't accepts Bitcoin, at least not yet.
The fluctuating price can become a financial disadvantage for them, we just can't hope every real life store would accept cryptocurrency while the crypto itself is not stable at all.

They don't like unstable thing, so do we are. Right ?

It is my understanding that Bakkt will allow people to trade crypto
into FIAT tokens to be used in Starbucks. Its not exactly enabling
Cyrpto useds to rock into Starbucks and pay directly with Bitcoin,
but its a step closer to that.

The Bakkt members are not accepting crypto directly but instead
they are accepting crypto changed to FIAT.

"Its first use cases will be for trading and conversion of Bitcoin versus fiat currencies,"

“As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks,”

Reference > https://www.businesswire.com/news/home/20180803005236/en/Intercontinental-Exchange-Announces-Bakkt-Global-Platform-Ecosystem

Kakmakr

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All this supposed Good news and no positive impact on the price. Roll Eyes

I think it will take a lot more time for markets to feel the direct impact of this good news. It is not as if millions of people will suddenly start buying bitcoins to buy Coffee at Starbucks. Roll Eyes

You might find that it would actually have a negative impact on the price, because some hoarders might be selling coins to buy coffee now. Sad

Let's hope adoption will increase, if people see Bitcoin linked to household brands. Grin

elygil2022

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REMIIT.IO

This may sound a speculation right now. But eventually, these two companies will accept bitcoin as payments. They will have no choice but to accept reality that cryptocurrency is the future.

dimastegar

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Small Trader

More and more large companies are applying cryptocurrency payment methods. This indicates that Bitcoin is increasingly famous and increasingly sought after. At least, Microsoft and Starbucks have taken a good ledge in the future.

b3llsf1l3s

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i think you will need more refference about that, a few hours ago, i just found out on LinkedIn that Starbucks won't accepts Bitcoin, at least not yet.
The fluctuating price can become a financial disadvantage for them, we just can't hope every real life store would accept cryptocurrency while the crypto itself is not stable at all.

They don't like unstable thing, so do we are. Right ?

tabas

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Top Crypto Casino

Quote from: PROFIT_REVIEW on August 06, 2018, 05:49:31 PM

More recently, Starbucks management reported that in the near future they are not going to accept Bitcoins for payment. Therefore, it is better to wait until the news is 100% official.

No, Starbucks won't be accepting Bitcoin
Starbucks' Howard Schultz: A 'trusted' digital currency is coming, but it won't be bitcoin
But this article said that there will be a way once an app was already developed.

PROFIT_REVIEW

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More recently, Starbucks management reported that in the near future they are not going to accept Bitcoins for payment. Therefore, it is better to wait until the news is 100% official.

pimkobai

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Activity: 196

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With the involvement of these 2 big companies Microsoft and Starbucks is actually a great news for bitcoin and the supporters of btc that they had considered at last to be part of the crypto business. I believe that due to the uncontrolablle mass adoptation and popularity of btc,these corporations are seeing great opportunity to earn good profit with bitcoin.

Baimovic

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Microsoft and Starbucks are big companies that support positivity towards the development of bitcoin and crypto. even microsoft became a partner in several ICOs.

Starbucks is a company that always makes payment innovations. the collaboration between Starbucks and Bakkt will have great potential to maintain crypto existence.

and Bakkt's popularity will increase, because previously Bakkt's penetration was very small, because he only received alternative payments for Buzzy money.

LinkinPrak852

newbie

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If this really happens then this is the new era of bitcoin. Soon many company will also start transactions in cryptos then and people will know more about bitcoins and their alternatives and many countries will also accept them as well.

a4techer

sr. member

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Wow is this true? Because if it gonna happen that starbucks and microsoft accept bitcoin for payment it was nice and confortable for every one who are using bitcoin and we do not need fiat money for payment because of the cryptocurrency or bitcoin as payment but the question is, it is all over the country using this as a payment because if it is its nice and very well. We are waiting for that on november.

cryptogalaxy789

newbie

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It is tremendously good news for bitcoin users. Starbucks have agreed on the payment by using bitcoin. But about Microsoft, it is confusing whether it is only a hype or Microsoft really beginning a new way for its customers of payment method.

cryptocamacho4785

jr. member

Activity: 56

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This is a huge thing for the community. Corporate giants like Microsoft, Starbucks partnering up with ICE will definitely help them to come up with something that is likely to revolutionize the crypto scene forever. I hope many big investors will be interested along with the whole community.

Luckycoins999

newbie

Activity: 84

Merit: 0

This is probably the best news of this week among such unrest in the market. Both Microsoft and Starbucks partnering up with ICE means they are not only reliable but they are here to do serious business which means a lot of new people will get involved in crypto market.

Peterdav

full member

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Wow if it's true, that will be good news. this will attract many interested people and make Bitcoin increasingly popular.

xfaqs01

full member

Activity: 490

Merit: 100

thats a hell of a good news but until it is not official its still a heresay and a driving hype to newbie traders and investors. i hope its official though

Levin23

newbie

Activity: 101

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Very good, this is a good development of bitcoin. If this really happens in Starbucks, there will be more and more Bitcoin users. I hope this is the beginning of the rise of bitcoin. but I'm still confused with Microsoft, why can he support bitcoin, even though he refused

vominhtri1611

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* ICE launches BAkkt ,a cryptocurreny exchange and warehouse solution
* a physically deliverable BTC contract, startingNov 18
* Custodial solution (ie warehouse)
* Microsoft and Starbucks signed on to use the new platform for payments and accept BTC
https://www.businesswire.com/news/home/20180803005236/en/Intercontinental-Exchange-Announces-Bakkt-Global-Platform-Ecosystem
Source: https://twitter.com/IamNomad/status/1025364499757494272

Topic: Microsoft and Starbucks signed on to use the new platform for payments and accep - page 2. (Read 264 times)