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RE: Starbucks Wants to Accept Cryptocurrencies - Lets Get STEEM There!
Seems not really well informed, coming out with an announcement like that just before LN comes consumer ready. I guess they will create their own crypto then.
My bitcoins are far too valuabel to spend on Starbucks, no way will I waste it on that not enough Bitcoins around for this. Better options avaialble...
CoffeeCoin!
Thats funny I thought I was the only one that played with this one.
If they do create their own, it'll be a marketing stunt. They don't need a coin! They already successfully accept payments all around the world with the Starbucks app / giftcard system which integrates well with their contests, rewards and "star challenges". The ironic thing is that many people I know have been purchasing Starbucks with Bitcoin for over a year (through crypto-debit cards like TenX or buying Starbucks giftcards with Bitcoin on sites like coincards.ca).
Yeah, gift-cards basically are store-specific cryptos. It doesn't really make sense for an individual store to make a crypto.
congratulation
They know if they announce the crypto/crypto's they will be accepted will basically be market manipulation. It would cause a massive pump in the ones involved. Too me that sounds great but they are just getting everything lined up before they announce.