Starbucks Wants to Accept Cryptocurrencies - Lets Get STEEM There!
Today main news is that Starbucks Chairman Howard Shultz said they have plans of adding cryptocurrency payments in their shops.
The thing that shocked the most was - he said - Bitcoin is not one of them as its not currency of the future.
In 2015 Starbucks made an app that allowed to purchase coffee and get points through it. Maybe this is where crypto payments will take place?
So since they like blockchain, dont like BTC for micropayments (obviously for now) why dont we try adding STEEM there?
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You never know what can come out of this. Spreading awareness of STEEM cannot hurt and to do so - you do not need much time,
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Hopefully they will have a Steemit account and accept Steem! That would be massive for Steemit and start bucks! Imagine how much money they'd earn from people liking random pics of coffee ;)
Probably more than a cup of coffee's worth!
Maybe a bit off topic, but whats up with smart media tokens? When shall we expect them to be available?
This is a great. I'm from Ghana and we creating a vibrant steemit community here. Our number one problem is unreliable internet connection so earlier this month, I got the idea of starting a "crypto-cafe". A place just like a Starbucks with free and powerful internet connection and everything bought there will be paid with steem. It's an idea at the moment and I think I'd be great if I can fuse it with Howard Shultz's idea.
I LOVE THIS IDEA!!!! I always spread STEEM and this will be added to my tasks to do....This is my facebook I just posted about Steemit. Next stop is an email to starbucks.
That is great, spread the news!
Great idea and thanks for spotting and sharing this opportunity that we have to do something together for the value of STEEM. I did it right away.
Just reading it gave me a rush of ideas for how Starbucks could benefit from using STEEM. Giving people incentives to share their visits to Starbucks on STEEM-based social media would be like free promotion and also a new business for Starbucks entirely.
I shared my ideas further in this post and encouraged my followers to also fill in their idea. Hope we can make this work! :)
Steeming from Starbucks - Why STEEM is the perfect currency for the Coffee giant
(sorry for the shameless promotion, but I believe this could be a great thing to do)
It even sounds good together! Coffee, Steem(Steam), social media... It's meant to be.
I’ve been told that Starbucks will give you free wifi
I’ve also been told your cpu will be used to mine coins for them
Mmmmmm
On a related note, I'm trying to get steem listed on Crypto-bridge:
https://steemit.com/steemit/@dhouse/let-s-get-steem-on-crypto-bridge-right-now
Any thoughts on whether or not STEEM will be a bubble?
The Problem is witch Crypto are wont Starbucks to acept
Here in IA we are seeing more and more retail stores accepting crypto currencies. I know my girlfriend will be happy she can spend MY crypto to buy her "double late frappuccino coffee thingy". Its inevitable every time we step foot in Target, I use the restroom and she buys a $10 coffee.
That would be amazing! :D
So weird they dont like bitcoin. STEEM MOON!
No weird at all. The cost of the transaction is going to be more than a cup of coffee. It just doesn't make sense.
I think the transaction fees would just be outlandish for a cup of coffee. I would bet XRP is probably on their radar.
I no longer own any of these coins--but I guess XRP, XLM, Doge and XVG will be the top 4 candidates for them, IMO.
Dont forget ltc.
Perhaps--I'm just wondering though how much is the TX fee for LTC?
But they're assuming bitcoin never has lower fees. with LN and possible new additions in the future it seems likely the bitcoin fees will eventually become much lower. Seems odd nonetheless.
I was thinking the same thing. But would prefer to see them help us. Steem would be a good fit, lets see how it plays out.
NAAAAHHHHHHHH
It only makes sense from a business point of view, bitcoin transaction fees would cost more than the coffee, plus payment takes hours. STEEM on the other hand has free transactions and take seconds!
How? And this is assuming it stays the same forever.
Have you ever tried sending a bitcoin transaction for $4? Fees are based on data size, not amount sent. A transaction for $4 would be completeley eaten by transaction fees if you wanted it to get any confirmations.
The hot Cappuccino would be cold by the time the BTC payment is confirmed! Lol
No it isn't. Bitcoin is obsolete.
Realistically bitcoin fees are too high and the transaction confirmation times are impractical to buy a cup of coffee with. Something with fast confirmations and low or 0 fees would be needed. XRP or XLM would likely be contenders... or XRB which has 0 transaction fees.
NOPE
Bitcoin uses too much electricity- it’s not sustainable.
Starbucks accepting crypto would be huge, but the logistics puzzle me just a bit. Are they capable of stomaching the wild swings in what ever crypto they accept? Will the coin be acceptable for micro transactions? Are users prepared to record the transactions for tax purposes?
On the surface this sounds great, but there's a lot of details that need to be fleshed out.
Great to see crypto gain mainstream acceptance. They better figure out a way to appease the federal govt taxing machine.
It will be great to have starbucks accepting steem dollars. Its fast, fee less and you can earn it by blogging... I need a coffee... wait let me blog to earn it :smile:
The blogging aspect is pretty interesting... It definitely ties in with the typical Starbucks goer.
I like `` I need a coffee... wait let me blog to earn it :smile''