College Crypto Vol. 18 Mircrosoft, Starbucks and Blockchain Collide for Future Services

in #starbucks6 years ago

College Crypto Vol. 18 | Starbucks and Microsoft Join the Blockchain

Noah Ramos W.P. Carey School of Business, Studying Economics

Cryptocurrency Marketcap: $267,061,199,087 on Coinmarketcap!

Bitcoins in circulation: 17,188,987 According to Coinmarketcap!

Microsoft and Starbucks have announced...

Bakkt, a company of ICE, Intercontinental Exchange (Parent Owner of New York Stock Exchange) is the cryptocurrency platform that will facilitate daily bitcoin-futures contracts and provide Starbuck's customers the ability to purchase goods via Bitcoin, in hopes of launching a working platform near November 2018.

Maria Smith, Vice President, Partnerships and Payments for Starbucks claims “As a leader in Mobile Pay to our more than 15 million Starbucks Rewards members, Starbucks is committed to innovation for expanding payment options for our customers.” I really believe that Maria has the exact attitude and vision for Starbucks, securing its stance in the coming economies and driving innovation. This partnership I feel will bridge the gap for people who haven't seen practical Bitcoin use cases and have been looking for compliance from the traditional system.

ProsCons
ICE captures large portion of retail market with StarbucksDrastically increased adoption rates will affect Bitcoins "Scarcity Value"
Increased Liquidity for weary adoptersHODLER's have created a "hard-to-borrow" marketER
More Institutional Money is Entering The SpaceSign of recession in "traditional market's"
  • Starbucks will soon stand beside existing retailers accepting Bitcoin including Overstock.com, Expedia, Shopify, Cheapair and more.
Contact Info / Donations

Email: [email protected]......... Instagram: @topp_ramos_......... Twitter: @noah_ramos_

College Crypto Group: https://www.facebook.com/groups/1481717778542301/

Donations:

Litecoin Adress: La2XY8MPmkt1R57yczbSZwyiE5aMTEgR5H

Bitcoin Address: 1JNe16PviKjywWSrAJ5MEWJiakNxWhwEC9