Starbucks and BTC – What are the advantages for crypto community?
Recently all crypto-related news portals flashed with headlines that Starbucks customers can pay for their coffee with cryptocurrency.
Let’s have a closer look at the changes that it might bring to crypto market and what advantages it gives to private investors.
Starbucks representatives announced that the company cannot accept cryptocurrency directly. However, you can automatically convert it into currency accepted to pay for your morning cup of coffee.
So why is this news so relevant and important? The point is bitcoin is working very hard to extend the scope of use of cryptocurrency and to integrate into everyday life. Bitcoin people have in their digital wallets is simple an asset. But if millions of people are using it to pay for goods and services is a different story, it’s a digital revolution.
The transfer from fiat money to digital currency is possible only if tokens are used very day by people all over the world.
I’ll remind you a story that took place on May 22, 2010. That’s the day why Laszlo Hanyecz bought 2 pizzas and paid 10 000 BTC for it. This was the first real life purchase in the history of cryptocurrency. That’s when Bitcoin has started its way up.
That’s why the extension of the scope of the use means that more people will own tokens and it leads to higher demand and as a result, the higher price.
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