WOW - Starbucks To Be Adding Crypto Payments / Coincheck Exchange Recompense / Tether: BREAKING NEWS

applelex (57) 7 years ago (edited)

It's not hard to pick a coin for Starbucks, of course that would be STEEM coin or STEEM dollar because us Steemians are in the social network and Starbucks is where people go to not just have a cup of coffee but to socialize :)), I'm sure they want to be part of a social coin like steem that can bring them more business...hehe
PS, I'll be sending them a message to accept Steem and you can all do as well, cmon guys! :))

$4.36

12 votes

captaincanary (58) 7 years ago

Steem would be a great choice in my opinion, but we will need a mobile wallet first

$2.04

3 votes

applelex (57) 7 years ago (edited)

For sure, maybe Jerry Banfield can come with one...he is an investor on steemit and a witness...he is also developing a steemit app to exchage dollars to steem directly so we don't have to use Coinbase or other exchange...here is more info on that, link below:

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captaincanary (58) 7 years ago

Yeh he would be a good candidate to arrange something like that

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vonaurolacu (63) 7 years ago

Exactly my thoughts. They could even connect it somehow to the steemit platform: post and geo tag yourself posting from one of the caffes and u get 15% off your Americano :)

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applelex (57) 7 years ago

This could be a game changer for steem, the first crypto interacting with a big food chain, others might join in :))

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ian-harris (27) 7 years ago

I'd sell that realtime info for no less than 99.9% off my SB coffee! - know your worth! :)

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jason7282 (61) 7 years ago

We need a large amount of the steem community to recommend this. But this really would be an insanely great idea. What a way to enjoy coffee.

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rasel786 (40) 7 years ago

the video is amazing.. bitcoin is amazing currency

$2.09

4 votes

captaincanary (58) 7 years ago

Stellar and Steem would both work great as potential coins for them to accept. We will need to see reliable mobile wallets up and running first though

$1.91

full-measure (64) 7 years ago

Ya.. you can tokenize a ponzi scheme and it's still a ponzi scheme.. doesn't mean crypto is the problem. But ya, some people will certainly run away with that message.

I guess in a weird way it's kind of ok. Things like BitConnect can be kind of like a containment ghetto for the people who want to hate crypto. Seems fine to let them wear themselves out that way rather than try to lie and distort about the good projects.

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doccrypto (52) 7 years ago

Starbucks accepting crypto is awesome!

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jjcali (57) 7 years ago

Thanks for the weekend update. Very interesting to see what coin Starbucks will add. I'm thinking Bcash. Yes, hopefully everything is OK with Tether.

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vhmcrypto (49) 7 years ago

It seems impossible for the current blockchain technology to efficiently broadcast every purchase of coffee in the world. They have to imagine how big blockchain must be and how fast the transmission needs to be for it to efficiently process micro-payments. If big companies, such as Starbucks, that needs fast and simultaneous huge data trafficking capacity, then only Ripple, XLM or bitcoin with Lightning Network might be able accommodate these specifications. However, bitcoin's Lightning Network is still in its trial phase and there are rumors that it is not running smoothly. Also, since the big boss has already eliminated bitcoin as an option, it seems like Ripple or XLM is going to bag a huge partnership.

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greensmile (59) 7 years ago

That's a very good point. Nowadays just few cryptos can hold the demand transactions, but this crypto world is changing very fast and no one nows what´s going to happen in the next months.
Whatever crypto which will be used for Starbucks payments will be completely beneficiary for cypto world and it will be a huge step to world adoption.
Next big company to adopt crypto payments could be Amazon which was aready on the news about this few months ago.

$3.68

endaksi1 (55) 7 years ago

It's quite funny that they have announced this, because I always convince my friends that the best way to invest in bitcoin is to quite spending so much at Starbucks and to invest into the crypto space instead.

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brucebrownftw (52) 7 years ago

WHAT!! Whatever Starbucks adds is going to get boosted. I am better on:

Litecoin
Dash
BCH

$0.16

4 votes

captaincanary (58) 7 years ago

Not sure any of them are really fast enough. Steem, Stellar and Eos might be though...

$1.93

3 votes

gjones15 (52) 7 years ago

My vote is with LTC. It really is quite simple and cheap to move around in my experience.

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the-ego-is-you (59) 7 years ago (edited)

Bitcoin Cash using zconf transactions would be super cheap and fast.

That would be great for customers and safe enough for Starbucks, even without advanced wallet implementations.

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mozzie1203 (35) 7 years ago

Bitcoin cash would be a retail nightmare. Branding to similar to Bitcoin. Would be loads of people sending bitcoin to bitcoin cash address and wondering why they are not getting their coffee

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the-ego-is-you (59) 7 years ago (edited)

The addresses are different formats. It's easy for the cashier to see on a screen that the transaction was sent to the correct address and QR codes could be used to make it even easier for everyone involved.

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mozzie1203 (35) 7 years ago

Yes.. For me and you checking address is normal. But to have two logos that are so similar in thousands retailers is going to make thousands of mistakes. I wouldn't want that problem if I was a retailer. Parent gets Bitcoin from child for christmas, parent goes into Starbucks I have some of those bitcoin things, person working in Starbucks is rushing like they do and doesn't check the parents phone, sent the bitcoin to a bitcoin cash address, money is gone... Easier to just use litecoin and not deal with that Hugh problem. Must people don't know their is 20 types of Bitcoin

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the-ego-is-you (59) 7 years ago (edited)

That doesn't happen with the new addresses unless you yourself opt for a bad wallet (and QR codes avoids having to type it in).
Litecoin can also be sent to the wrong address in the same manner.
Now even the logos have been updated to further the distinction.

There really is only one type of "Bitcoin" now. The legacy chain often known as Bitcoin in the past is no longer operating as anything but a settlement layer for the developing Lightning Network, which may of course turn out fine.

Bitcoin Cash however is Bitcoin per the design paper and may get any number of updates or optional layers in the future.

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mozzie1203 (35) 7 years ago

Oh... Sorry, I don't do Blockchain politics. All that, there only one true Blockchain stuff. I just use whatever best at getting a job done, like now I'm using Steemit Blockchain.
I promise you in 10 years we will still have bitcoin and bitcoin cash, so arguing which is the true one, is a waste of time. My opinion is Satoshi invented Blockchain to disrupted finance, because of problems caused 2008 and his done it. Not with bitcoin but with the whole crypto currency space. He started it all with open source technology. This is just the start, but I think his done what he wanted to achieve. My friend enjoy the whole crypto space... Don't feel like you have to be loyal to one.

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the-ego-is-you (59) 7 years ago (edited)

There are no hard feelings, just correcting the information so that it's accurate.

Nobody said there was or had to be only one blockchain. Forks and alts are great to have. I'm enjoying myself and the technology, as I hope you do too.

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energyblast (48) 7 years ago

Thanks for sharing!

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