Archived Whole Foods and Other Major Retailers Now Accept Bitcoin (fortune.com)
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Archived on: 8/12/2019 10:00:00 AM
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Archived Whole Foods and Other Major Retailers Now Accept Bitcoin (fortune.com)
submitted ago by toobaditworks
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[–] derram 0 points 2 points 2 points (+2|-0) ago
https://archive.ph/ydUUl :
' But, given the history of crypto payments, this week’s announcement feels like a breakthrough. '
'Spalding, who is a veteran of the gift card exchange service Raise, added that crypto payments also offer stores a way to experiment with new types of blockchain-based customer rewards. '
'Fortune contacted six of the retailers participating in the Flexa service, including Whole Foods, and none of them provided a comment. '
'The retail initiative comes via a partnership between Flexa, a payments startup, and Gemini, the Winklevoss-owned digital currency company. '
'The Spedn app lets users spend four types of crypto: Bitcoin, Bitcoin Cash, Ethereum and a so-called stablecoin called a Gemini Dollar, which is pegged to the value of one U.S. dollar and backed by banking giant State Street. '
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