When Bitcoin launched, crypto enthusiasts had very few places to spend the cryptocurrency. Now, however, the scene has changed drastically, and several businesses widely accept crypto payments. Today, Microsoft, Wikipedia, and other reputable organizations accept BTC as payment. Naturally, the conversation about the scope of cryptocurrencies has gained more traction.
You will find many fast-food chains and coffee shops accepting Bitcoin as payment in the current times. With them making cryptocurrency transactions commonplace in daily purchases, retailers and marketplaces can contemplate its mass adoption.
Even now, there are many jurisdictions that do not consider cryptocurrencies like Bitcoin to be legal tender. Despite this, tech giants such as Facebook are coming out with payment systems that mimic cryptocurrencies.
You can even purchase your coffee and pizza with cryptocurrency in today’s market. Here’s where –
- In Germany, you can pay for your burgers from Burger King online with cryptocurrency. Burker King is a retail giant, no doubt. If it were to adopt cryptocurrency as an acceptable mode of payment in all its outlets around the world, cryptocurrency would most definitely spread.
- Starbucks has partnered with US-based payment startup, Flexa, which is helping the coffee chain accept cryptocurrency payments. Flexa devised an app which facilitates transactions between crypto-holders and retail chains like Starbucks. Flexa’s CEO believes that by enabling crypto payments and mainstreaming it, the world will awaken to all the possibilities blockchain technology holds for commerce.
- Coupa café, a Palo Alto-based café, has been accepting cryptocurrency as payment for purchases since 2013. The eatery noticed a favorable stream of Bitcoin revenue as soon as they started accepting crypto, indicating a ready customer base who were also crypto users.
- Food delivery services such as OrderTakeaways in the US, Lieferando in Germany and Korea’s Shuttledelivery – all accept cryptocurrency as a payment method for orders placed on their service portals.
Gustavo Fonseca loves anything digital and crypto-related which makes him sit up and pay attention. He got into the world of digital marketing and business digital transformation career in 2010. Some time later he got into Crypto, a dynamically developing segment at the intersection of the financial services and technology. Gustavo joined TheDailyCoins in September 2018.