Archived Whole Foods and Other Major Retailers Now Accept Bitcoin (fortune.com)
submitted ago by toobaditworks
Posted by: toobaditworks
Posting time: 1.6 years ago on
Last edit time: never edited.
Archived on: 8/12/2019 10:00:00 AM
Views: 243
SCP: 29
29 upvotes, 0 downvotes (100% upvoted it)
Archived Whole Foods and Other Major Retailers Now Accept Bitcoin (fortune.com)
submitted ago by toobaditworks
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[–] toobaditworks [S] 0 points 4 points 4 points (+4|-0) ago (edited ago)
All the haters are about to get a reality check. This is just the beginning of mainstream adoption.
[–] STACKS88 0 points 2 points 2 points (+2|-0) ago
Fuck yeah, this is big!
[–] BlackSheepBrouhaha ago
How are they going to set prices in Bitcoin? Will it be a on the fly USD conversion, or will Bitcoin prices be on the shelves?
[–] toobaditworks [S] ago
Yes it will convert the USD to bitcoin. The business will not see a difference at all and will receive USD. The person buying will pay in Bitcoin. I think they can choose to accept bitcoin also but I suspect many will just receive USD.
[–] SurfinMindWaves 1 point 0 points 1 point (+1|-1) ago
Can you BRIEFLY explain how it is legal to just make up currency? Every time I tried to read on it I ended up TLDR.
[–] BigVern 0 points 1 point 1 point (+1|-0) ago
All currencies are made up their value lies in peoples' belief in them. People believe in bitcoin because of the technology behind it.
[–] toobaditworks [S] ago
I don't know how old this article here is but it shows how different countries deal with it.