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RE: Starbucks Wants to Accept Cryptocurrencies - Lets Get STEEM There!
I personally think they will create their own coin but in any case if they adopt crypto then it is going to be good for the community as a whole.
Don't forget about Uncle Sammy. He's going to want to take a sip of that coffee as well. (more like a gulp!)
And it's probably going to be called "Starbucks". Already sounds like cryptocurrency.
Hahah I didn't even think of it like that till now
No pun intended. Ok, maybe just a little bit. :)
BitBucks haha. I think they are too busy making coffee to create a coin! If they create their own coins even better because it will increase the crypto awareness and competition from other coins. Since everyone will try harder to be the best coin! I hope they add support for Dogecoin to buy coffee with! 😋 ☕️
I'd be down for Doge coffee.
Sounds awesome! 😄
Buckup coin would be great! Lmao
On a side note--Dogecoin truly deserves to go mainstream.
OMG I never thought about it but it would be perfect for them to create their own Starbucks crypto!
Don't expect it to happen to much for a company like them to manage. If anything it may cause a boomerang effect and lose sales. If you need starbucks coin, amazon coins, etc, to buy at these places. Why not just go to Dunkin Doughnuts and pay in cash.
Well, of course it would be optional. Starbucks isn't going to require crypto and turn down cash. Lol.
I think you're probably right. Publicly exchanged company with a publicly exchanged currency. Match made in heaven
They should use Steem’s Smart Media Token (SMT) to create their own “Starbucks” coin!
Where can I read more about this idea? Sounds interesting. I don't know much about SMT. You can point me to some developer documentation, I don't mind reading.
Sure! Here's the official page: https://smt.steem.io/
And @ned's announcement: https://steemit.com/steem/@ned/announcing-smart-media-tokens-smts
Check them out and let us know what you think. Steem on!
Cool thanks. Will try dig into it! Sorry only saw your comment now :)
While I think many companies will have their won cryptocurrency in the future, I don't see why they would go for their own coin at this point. As far as I understood, the entire point of adding a crypto was to make it an easy option to pay for your coffee with, but no one is going to have any Starbuckscoins laying around, so then you would need to buy these first, making it a pretty complicated process just to get a coffee. I think they will rather add a low-cost fee crypto.
Yeah, it doesn't make sense for one store to make their own. They would just be adding several conversion layers on what should be a simple transaction. For some outfits like Steam, it makes more sense, because they also run a peer-to-peer marketplace.
Yeah, exactly! I could totally see Steam making their own crypto and use it for the internal market at one point, which would actually be pretty cool.
Yes that is one of the most likely scenarios. They could also take over an existing coin, or maybe a few big corporations like Facebook, Starbucks and Amazon could be working on a new crypto together. Regardless, I am excited to see how this all evolves .
That is an interesting point! Really excited to see how this unfolds.
Steemit is crypto that will double the value this year
hope so :)
They have said they aren’t interested in that route and they will adopt an already existing coin.
That's what I'm thinking too. Its more than likely they'll setup some form of their own cryptocurrency, one they can some sort of oversight with. I doubt that Starbucks is ignorant to all the fraud taking place in the crypt markets right now, and likely something they're going to try and avoid at all costs.
Well that is pretty smart I wouldn't be surprised if they did that 😆