Starbucks wants to be crystal clear: despite recent stories about their involvement in some sort of blockchain project, they are not going to be accepting bitcoin as a form of payment for coffee
Yes, Starbucks is getting into crypto — just not at the cash register. At least not yet.
On Friday, Starbucks and a number of other companies including the Intercontinental Stock Exchange, Microsoft, and BCG announced they were forming Bakkt (Finrazor has already mentioned why launching of Bakkt is a good news for the crypto industry), a company that intends to create a ‘seamless global network’ leveraging ‘Microsoft cloud solutions to create an open and regulated, global ecosystem for digital assets.’
That inspired a wave of headlines speculating that you could soon be able to
Starbucks does, however, already accept digital payments in the form of its highly used mobile payments app, which reportedly outpaces Apple Pay, Google Pay, and Samsung Pay by millions of users.
So crypto for croissants may very well be in Starbucks’ future. For now though, regular bucks/coins/cards/Mobile Pay only, please.