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RE: Starbucks Wants to Accept Cryptocurrencies - Lets Get STEEM There!

in #steemit6 years ago

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.

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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.

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