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

in #crypto-news7 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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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.

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