5 surprising companies now accepting cryptocurrency as payment

Key Points

  • Microsoft enables users to purchase games and apps using Bitcoin through Bitpay, despite Bill Gates' skepticism towards cryptocurrencies.
  • Starbucks accepts Bitcoin and Ether through the SPEDN app and Bakkt, allowing customers to pay with crypto via QR codes.
  • Home Depot accepts Bitcoin for purchases through Flexa, which converts cryptocurrency to dollars instantly.
  • AT&T became the first major U.S. mobile carrier to accept cryptocurrency payments in 2019 via BitPay.
  • Whole Foods indirectly accepts cryptocurrency through the SPEDN app, converting Bitcoin to dollars at checkout.

Summary

The article discusses the growing acceptance of cryptocurrency as a payment method by various companies, highlighting the evolution of Bitcoin from its first physical transaction for pizza in 2010 to its current widespread use. Despite Microsoft co-founder Bill Gates' criticism of Bitcoin, Microsoft itself has embraced blockchain technology, allowing purchases of digital products with Bitcoin through Bitpay. Starbucks has integrated cryptocurrency payments through apps like SPEDN and Bakkt, enabling customers to buy coffee with Bitcoin or Ether. Home Depot uses Flexa to accept Bitcoin, facilitating home construction purchases. AT&T, the first major U.S. mobile carrier to accept crypto, uses BitPay for bill payments and has partnerships for prepaid plans. Whole Foods, through SPEDN, also accepts Bitcoin indirectly, showcasing how mainstream businesses are adapting to the digital currency trend.

yahoo
January 28, 2025
Crypto
Read article

Related news