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Topic: Starbucks is accepting Crypto! - page 27. (Read 3201 times)

jr. member
Activity: 222
Merit: 2
"Sponsy Tokensale is Hot! www.sponsy.org"
May 23, 2018, 06:09:49 AM
#52
That's great news. Now you can work with full immersion. Sit in Starbucks, drink coffee, print posts, trade currency and pay it.
member
Activity: 392
Merit: 10
May 23, 2018, 06:08:32 AM
#51
That's something really good in my opinion. The famous Starbucks and most people I think that goes there are kind of rich or have above average earnings should help spread crypto. That's a good step and looking forward for more developments.
It's very nice with a starbuck cafe as class accept crypto,
perhaps in the presence of this can inspire others as well,
and surely this includes a good development in the world of crypto itself
jr. member
Activity: 238
Merit: 3
May 23, 2018, 05:55:51 AM
#50
After KFC for this time starbucks also receive bitcoin payment, but very in pity only applies in certain countries. Not all countries can accept bitcoin as payment.

Zeex plans to be a Global platform eventually they already have a partnership with a Russian gift card supplier and plan on building relationships with worldwide brands.
member
Activity: 170
Merit: 10
May 23, 2018, 05:55:15 AM
#49
Great news. I have heard many times that small cafes or shops accept payment in a crypto currency. If the crypto currency can now be paid for in such large networks as Starbucks, it is inspiring.
So the crypto currency turns into real money with high liquidity.
full member
Activity: 854
Merit: 100
May 23, 2018, 05:53:34 AM
#48
That's something really good in my opinion. The famous Starbucks and most people I think that goes there are kind of rich or have above average earnings should help spread crypto. That's a good step and looking forward for more developments.
jr. member
Activity: 238
Merit: 3
May 23, 2018, 05:50:42 AM
#47
I know about the zeex. But they are still not in the fully operational mode yet. They are also having services where they are going to list the amazon, eBay and other shopping sites for which you will get the gift cards. This is perfect opportunity for us to use the crypto currency that we hold in the way we want. Whether or not it will work 100% but the project does look good to me and will receive huge response from the community that is for sure.

Wondering how they will collaborate with all the merchandise world wide to give us the crypto to real world certificates. The project insights should be studied for this one.

Well the beauty of the project is that they will be collaborating with existing gift card suppliers that already have relationships with big retail brands.
full member
Activity: 419
Merit: 100
May 23, 2018, 05:47:55 AM
#46
Wow that's a good thing to hear that starbucks started accepting crypto currency moving towards digitization  as the world is moving to a digitalized world it is better to accept the latest technology which will attract more customers to the business and causing for the maximizing profit for the business. Now the altcoins are getting popularity due to increased speed of transaction with low or minimal transactional charges, as years pass by or may be in the next five years time mostly all the world will definitely accept the crypto currency and block chain technology as the transactions are transparent and secure than any other means of payment.
full member
Activity: 336
Merit: 100
May 23, 2018, 05:47:22 AM
#45
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.
sr. member
Activity: 756
Merit: 250
May 23, 2018, 05:45:00 AM
#44
After KFC for this time starbucks also receive bitcoin payment, but very in pity only applies in certain countries. Not all countries can accept bitcoin as payment.
sr. member
Activity: 588
Merit: 257
May 23, 2018, 05:39:41 AM
#43
I know about the zeex. But they are still not in the fully operational mode yet. They are also having services where they are going to list the amazon, eBay and other shopping sites for which you will get the gift cards. This is perfect opportunity for us to use the crypto currency that we hold in the way we want. Whether or not it will work 100% but the project does look good to me and will receive huge response from the community that is for sure.

Wondering how they will collaborate with all the merchandise world wide to give us the crypto to real world certificates. The project insights should be studied for this one.
sr. member
Activity: 1344
Merit: 261
May 23, 2018, 05:39:12 AM
#42
Wow, that is great! Now I can easily buy coffee without carrying any amount of money in my pocket, instead of using money, from now on I'll be happily using my current holdings in buying things I want and hopefully it does not only stay on starbucks, I honestly think that starbucks would also earn more as they are stepping into something more here, I just hope that this is true and if it is then our coffee breaks would be much more nicer.
jr. member
Activity: 238
Merit: 3
May 23, 2018, 05:36:34 AM
#41
So your point would be not to use crypto at all? This is a solution for not having to convert back to fiat and not having to pay fees.
No my point is quite the contrary. Why don't they implement a solution where you and I can buy directly with crypto, without any sort of intermediary? What's preventing them to do so?

Good questions and I think eventually if and when the market finally wakes up to this they will, I guess what's preventing them is the current volatility and like all the other big companies they are waiting for others to take the first steps. While Zeex isn't a perfect solution it is providing an easy way to encourage us crypto holders to use our holdings within the cryptoverse  Cool to pay for services and products.
Yes, the usual excuse is volatility. It would be a risky move for a company of that size. But without risk there is no reward. Imagine what kind of popularity and media exposure would such a step imply. The first coffeehouse chain to except direct bitcoin payments. Hell, the fifth most admired company worldwide accepting direct bitcoin payments.
I think this is just a gimmick. No one mall will accept crypto currencies with uncertain prices. This is a very risky behavior. For a company like Starbucks, it needs a stable profit.

You need to watch the video its using a fixed denomination gift card so that won't be an issue https://www.youtube.com/watch?v=LXnBEor6440&t=1s
jr. member
Activity: 238
Merit: 3
May 23, 2018, 05:32:23 AM
#40
wow thats a godd news, congratulations for zeex holder, hope this good news can bring market up again, im tired seing my portofolio in red.

The Zeex token sale goes live end of June so there is still  time to grab some

https://www.zeex.me/
jr. member
Activity: 238
Merit: 3
May 23, 2018, 05:30:59 AM
#39
In some cash-free countries, Starbucks has long been trying cashless payment methods, but the cryptocurrency is currently very unstable, and I can't imagine whether Starbucks can calculate its profit accurately after accepting the cryptocurrency.

This won't be an issue as you will buy a fixed denomination gift card for the retailer you are using.
member
Activity: 285
Merit: 11
quarkchain.io
May 23, 2018, 05:29:42 AM
#38
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
That's a good news crypto is taking over the world.  People that called crypto a scam some years back should come and see now.  Crypto all the way am happy to be part of crypto.
jr. member
Activity: 280
Merit: 1
May 23, 2018, 05:25:28 AM
#37
spectacularly, it is not wrong if cryptocurrency is one useful technology because with cryptocurrency it makes the job more practical, I can not wait to shop in my city using ethereum,
member
Activity: 238
Merit: 10
May 23, 2018, 05:23:53 AM
#36
So your point would be not to use crypto at all? This is a solution for not having to convert back to fiat and not having to pay fees.
No my point is quite the contrary. Why don't they implement a solution where you and I can buy directly with crypto, without any sort of intermediary? What's preventing them to do so?

Good questions and I think eventually if and when the market finally wakes up to this they will, I guess what's preventing them is the current volatility and like all the other big companies they are waiting for others to take the first steps. While Zeex isn't a perfect solution it is providing an easy way to encourage us crypto holders to use our holdings within the cryptoverse  Cool to pay for services and products.
Yes, the usual excuse is volatility. It would be a risky move for a company of that size. But without risk there is no reward. Imagine what kind of popularity and media exposure would such a step imply. The first coffeehouse chain to except direct bitcoin payments. Hell, the fifth most admired company worldwide accepting direct bitcoin payments.
I think this is just a gimmick. No one mall will accept crypto currencies with uncertain prices. This is a very risky behavior. For a company like Starbucks, it needs a stable profit.
member
Activity: 630
Merit: 13
May 23, 2018, 05:23:48 AM
#35
wow thats a godd news, congratulations for zeex holder, hope this good news can bring market up again, im tired seing my portofolio in red.
jr. member
Activity: 238
Merit: 3
May 23, 2018, 05:21:59 AM
#34
the news is very encouraging ..
I can sit down while enjoying coffee and seeing the scenery around, without having to carry a small buck in the pocket.
The news is good indeed, but it is not the same with what the thread name says. To pay with cryptocurrencies one would still need to buy a gift card first and then buy other things with the help of this card. This means that cryptos are used indirectly and this distance doesn't allow them to be really considered as means of payment. This is a good project, but such solution can't be final. Moreover, I seem to find to proofs that Zeex actually has all those partners and deals (this info is only going from the zeex team, not from those big companies).

Yes true I named the thread so it got a bit more talk going  Smiley

It is an indirect method but it works and if you watched the video you will see how easy it was to do with 3 taps while he was in the line for a coffee.


Zeex has a partnership with their sister company Zeek. Zeek is a world leader in the gift card marketplace and has very strong existing relationships with the largest brands in the world.
full member
Activity: 434
Merit: 246
May 23, 2018, 05:19:33 AM
#33
So your point would be not to use crypto at all? This is a solution for not having to convert back to fiat and not having to pay fees.
No my point is quite the contrary. Why don't they implement a solution where you and I can buy directly with crypto, without any sort of intermediary? What's preventing them to do so?

Good questions and I think eventually if and when the market finally wakes up to this they will, I guess what's preventing them is the current volatility and like all the other big companies they are waiting for others to take the first steps. While Zeex isn't a perfect solution it is providing an easy way to encourage us crypto holders to use our holdings within the cryptoverse  Cool to pay for services and products.
Yes, the usual excuse is volatility. It would be a risky move for a company of that size. But without risk there is no reward. Imagine what kind of popularity and media exposure would such a step imply. The first coffeehouse chain to except direct bitcoin payments. Hell, the fifth most admired company worldwide accepting direct bitcoin payments.
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