Topic: Starbucks is accepting Crypto! - page 21. (Read 3201 times)
Awesome! I believe that now, when those giant companies start accepting crypto, many others will follow their decision
In 2017 this news would help the bitcoin to rise in price. But today the news has no effect on the cost of cryptocurrency. Of course, this is good news, but I do not think that from this the market will turn green.
Wow, really?) The future is just behind us, soon we will be able to pay for even bread or carwash by crypto, easy, privatly. I heard about that some places started accepting crypto, but Starbucks is huge!
Correct me if I am wrong, but this sounds more like a service that purse.io has been rendering for a very long time now, so it is not like it is something new. However, having more of these services is not a bad thing, at least for numerous gift cards and exchanging them for cryptocurrency is not a bad one. Good that it allows multiple gift cards which is one great comparison I can see compared to the platform I mentioned, and I really hope it will make some waves in the long run.
This is a very good news. Although the power of Starbucks can not affect the direction of the cryptocurrency. But I have to say that Starbucks' strategy is very successful. If you use cryptocurrency for payment then. At least the user is noble. It is mainstream. It is avant-garde. Very good strategy. It should be possible to reverse the existing starbucks situation that Starbucks already has. The Starbucks Group will be better developed.
Cool now you can pay directly with crypto. And there is no undue hardship to transfer the cryptocurrency into Fiat.
i wish not only starbucks would enter such a pleasant new rules. then we didnt have to transfer cryptocurrency into usd oe eur every time Starbucks is accepting crypto-currencies...well sort of anyway, let me elaborate.
At the end of June, there will be a token sale for Zeex which is a platform for gift card suppliers to sell their cards for crypto and us crypto holders to finally get the chance to exchange our crypto for products and services without having to convert to fiat or pay fees. Using the Zeex App you will be able to buy gift cards from big name retailers such as Amazon, Xbox and yes, Starbucks in exchange for crypto with 3 taps of the app.
We've heard many of these new Blockchain startups make lofty claims before but they are often short on delivery not so with Zeex.
They already have partnerships with Zeek their Sister company that will provide them with access to over 350 big name brands. Recently they had another partnership with Russian gift card supplier Giftery and there are more in the pipeline.
But what is really impressive is that they will have the app ready to use shortly after the end of the token sale.
If you check out the video below you can actually see the app in action in a Starbucks coffee shop in New York..be prepared to be amazed!!
https://www.youtube.com/watch?v=LXnBEor6440&t=1s
wow, that is cool! i wish i would see a day when cryptocurrency will be accepted in any shop, redardless how small or big it is At the end of June, there will be a token sale for Zeex which is a platform for gift card suppliers to sell their cards for crypto and us crypto holders to finally get the chance to exchange our crypto for products and services without having to convert to fiat or pay fees. Using the Zeex App you will be able to buy gift cards from big name retailers such as Amazon, Xbox and yes, Starbucks in exchange for crypto with 3 taps of the app.
We've heard many of these new Blockchain startups make lofty claims before but they are often short on delivery not so with Zeex.
They already have partnerships with Zeek their Sister company that will provide them with access to over 350 big name brands. Recently they had another partnership with Russian gift card supplier Giftery and there are more in the pipeline.
But what is really impressive is that they will have the app ready to use shortly after the end of the token sale.
If you check out the video below you can actually see the app in action in a Starbucks coffee shop in New York..be prepared to be amazed!!
https://www.youtube.com/watch?v=LXnBEor6440&t=1s
Cool now you can pay directly with crypto. And there is no undue hardship to transfer the cryptocurrency into Fiat.
Well I'm impressed with what OP said and with this Zeex app. I mean a lot of icos promise to deliver this kind of service but nothing happened and it's good to hear ( and I hope so ) that there's no huge transaction fees and long waiting of confirmation just to get a cup of coffee. Everybody loves starbucks so I'm pretty sure everyone will love zeex app. Can't wait for this tho.
Everytime when I hear something liek that, I am rejoicing because somebody new and fresh will lead people in acceptance of crypto
I see everyday many good news about crypto, but still crypto si falling down, why?
Considering whether the crypto has a future
.
Considering whether the crypto has a future
.If Starbuck starts accepting crypto as their payment systems, it will be more interesting. We can find out Starbucks everywhere in most countries in the world. It means that the payment system may be gathered and systematical using the blockchain technology. But, I'm still confused how they manage it. Overall, this is very promising to see this big industry accepts crypto.
wow! it is one of the greatest news that ive ever heard about the cryptocurrency because I am coffee lover and I am a cryptocurrency user too. so for me, it is really good to heard it. I hope that the other coffee shop will accept too. but I think it is only chosen and not at all starbucks branch. and not in all country
This is a very good news for this market, as it will become even more popular and more people will begin to use crypto coins, and even more so such a big company will make its contribution to this market.
If Starbuck starts accepting crypto as their payment systems, it will be more interesting. We can find out Starbucks everywhere in most countries in the world. It means that the payment system may be gathered and systematical using the blockchain technology. But, I'm still confused how they manage it. Overall, this is very promising to see this big industry accepts crypto.
I thought it was starbucks that had already accepted crypto as payment method but it's the guy in the video who used the app to convert eth into gift card. But anyway, thanks for the info.
Starbucks is accepting crypto-currencies...well sort of anyway, let me elaborate.
At the end of June, there will be a token sale for Zeex which is a platform for gift card suppliers to sell their cards for crypto and us crypto holders to finally get the chance to exchange our crypto for products and services without having to convert to fiat or pay fees. Using the Zeex App you will be able to buy gift cards from big name retailers such as Amazon, Xbox and yes, Starbucks in exchange for crypto with 3 taps of the app.
We've heard many of these new Blockchain startups make lofty claims before but they are often short on delivery not so with Zeex.
They already have partnerships with Zeek their Sister company that will provide them with access to over 350 big name brands. Recently they had another partnership with Russian gift card supplier Giftery and there are more in the pipeline.
But what is really impressive is that they will have the app ready to use shortly after the end of the token sale.
If you check out the video below you can actually see the app in action in a Starbucks coffee shop in New York..be prepared to be amazed!!
https://www.youtube.com/watch?v=LXnBEor6440&t=1s
It would be more interesting for me if we can use our crypto to buy directly at Starbucks, instead of buying the gift cards to be exchanged in Starbucks. At some point, it feels to me that the gift cards are also crypto, lol.At the end of June, there will be a token sale for Zeex which is a platform for gift card suppliers to sell their cards for crypto and us crypto holders to finally get the chance to exchange our crypto for products and services without having to convert to fiat or pay fees. Using the Zeex App you will be able to buy gift cards from big name retailers such as Amazon, Xbox and yes, Starbucks in exchange for crypto with 3 taps of the app.
We've heard many of these new Blockchain startups make lofty claims before but they are often short on delivery not so with Zeex.
They already have partnerships with Zeek their Sister company that will provide them with access to over 350 big name brands. Recently they had another partnership with Russian gift card supplier Giftery and there are more in the pipeline.
But what is really impressive is that they will have the app ready to use shortly after the end of the token sale.
If you check out the video below you can actually see the app in action in a Starbucks coffee shop in New York..be prepared to be amazed!!
https://www.youtube.com/watch?v=LXnBEor6440&t=1s
But at a brighter side, this could really help to improve the uses of crypto and make it usable in our daily lives.
Here it is already very cool news. And they take only in the US? Or can it be done all over the world? Because I think that it will be very cool news for the course to develop very strongly. This will be very good news.
I don't think it's possible to use it worldwide. In some countries, cryptocurrency is forbidden. Starbucks in those countries can't accept cryptocurrencies or they may face penalties. I think this is just a few starbucks is trying to receive cryptocurrency. News like these might seem petty and some other investors/people might take it for granted but this gives cryptocurrency a huge boost to the market in terms of being accepted legally. If cryptocurrencies have been accepted as an alternative payment for purchasing Starbucks products, then this would imply that another large business industry might accept crypto as an alternative payment also. Everyone knows how big Starbucks is (despite their coffee being overrated and bad- opinion) and being able to accept crypto as an alternative payment would attract more business to do the same move.
The only problem that might come is the transaction speed under the blockchain technology. If we are going to use bitcoin as a payment, this would require a relatively long amount of time in order for the coins to be recognized under the said platform. Other than that, this move entails that cryptocurrencies can actually be utilized soon among transactions over these businesses.
It will depend on the gift card some will be Worldwide, Zeex aims to go global it already has a partnership with a Russian gift card supplier as well as with its sister company Zeex that is more geared towards the European and US markets. Zeex aims to go Worldwide so any gift card supplier can use the Zeex Protocol to showcase their gift cards and sell them for crypto.
It will also depend on the status of cryptocurrencies among countries as some prohibit its utilization. If a hegemonic country (like the US) would accept it as a payment, then expect the market to grow and price increase in the future.
The only problem that might come is the transaction speed under the blockchain technology. If we are going to use bitcoin as a payment, this would require a relatively long amount of time in order for the coins to be recognized under the said platform. Other than that, this move entails that cryptocurrencies can actually be utilized soon among transactions over these businesses.
Here it is already very cool news. And they take only in the US? Or can it be done all over the world? Because I think that it will be very cool news for the course to develop very strongly. This will be very good news.
It will depend on the gift card some will be Worldwide, Zeex aims to go global it already has a partnership with a Russian gift card supplier as well as with its sister company Zeex that is more geared towards the European and US markets. Zeex aims to go Worldwide so any gift card supplier can use the Zeex Protocol to showcase their gift cards and sell them for crypto.
It will also depend on the status of cryptocurrencies among countries as some prohibit its utilization. If a hegemonic country (like the US) would accept it as a payment, then expect the market to grow and price increase in the future.
Hi good question regarding transaction speed, here's why it won't be an issue:
Even in very large scales, we're not going to meet the tps limit.
Let's take a very big scale for example: say a billion dollars worth of gift cards are going to be sold in the next year.
Thats:
•10,000,000 gift cards – $100 avg card (although we expect the average transaction to be much higher than $100)
•10M transaction in a year
•That's 3.3 tps
Also another thing to remember: If a user bought a $100 Starbucks card and used it everyday to buy coffee for a month, only the first transaction (buying the GC) is on the blockchain.
his is a very good and interesting info, when crypto is getting known to the public then the development of crypto world will be very fast. Blessed are you who know crypto before crypto can be famous.
good riddance if indeed it's true. but it seems in particular countries only and not in all countries. but at least this is quite helpful for crypto to the more acceptable in society and can also make crypto increasingly represents the value. Hopefully, it will be a lot more deals again can be used with various crypto anywhere and in any case.
News like these might seem petty and some other investors/people might take it for granted but this gives cryptocurrency a huge boost to the market in terms of being accepted legally. If cryptocurrencies have been accepted as an alternative payment for purchasing Starbucks products, then this would imply that another large business industry might accept crypto as an alternative payment also. Everyone knows how big Starbucks is (despite their coffee being overrated and bad- opinion) and being able to accept crypto as an alternative payment would attract more business to do the same move.
The only problem that might come is the transaction speed under the blockchain technology. If we are going to use bitcoin as a payment, this would require a relatively long amount of time in order for the coins to be recognized under the said platform. Other than that, this move entails that cryptocurrencies can actually be utilized soon among transactions over these businesses.
It will depend on the gift card some will be Worldwide, Zeex aims to go global it already has a partnership with a Russian gift card supplier as well as with its sister company Zeex that is more geared towards the European and US markets. Zeex aims to go Worldwide so any gift card supplier can use the Zeex Protocol to showcase their gift cards and sell them for crypto.
It will also depend on the status of cryptocurrencies among countries as some prohibit its utilization. If a hegemonic country (like the US) would accept it as a payment, then expect the market to grow and price increase in the future.
The only problem that might come is the transaction speed under the blockchain technology. If we are going to use bitcoin as a payment, this would require a relatively long amount of time in order for the coins to be recognized under the said platform. Other than that, this move entails that cryptocurrencies can actually be utilized soon among transactions over these businesses.
Here it is already very cool news. And they take only in the US? Or can it be done all over the world? Because I think that it will be very cool news for the course to develop very strongly. This will be very good news.
It will depend on the gift card some will be Worldwide, Zeex aims to go global it already has a partnership with a Russian gift card supplier as well as with its sister company Zeex that is more geared towards the European and US markets. Zeex aims to go Worldwide so any gift card supplier can use the Zeex Protocol to showcase their gift cards and sell them for crypto.
It will also depend on the status of cryptocurrencies among countries as some prohibit its utilization. If a hegemonic country (like the US) would accept it as a payment, then expect the market to grow and price increase in the future.
Jump to: