Cryptocurrency has completely shaken the financial industry to the core. Since the popularization of Bitcoin at the end of the 2010s, more and more people have become investors, and quite a bit more are interested in investing. According to a poll, close to half of the American adult population is either already investing, or looking to invest in some form of cryptocurrency, the most popular among which are Bitcoin, Ether, Tether, Ripple, etc.
This rise in popularity of the crypto market, has led to many companies being drawn to it as well. Quite a lot of companies have bought shares in various cryptocurrencies, and many have allowed crypto-based purchases. In this article, we are going to take a look at a few companies that allow purchases to be made with cryptocurrency.
Starbucks
The most popular coffee chain in the world, Starbucks, named for a character in one of the greatest novels in history, Moby Dick, has recently opened up to the idea of accepting crypto-based payments. They put the idea for a test drive back in 2021, and were met with huge success. The decision to allow crypto-based payments in Starbucks stores around the world has now become official.
Various Betting Sites
The online gambling industry is a booming one, with especially online betting websites like vedonlyontibonukset.com making it big on the market. However, many betting sites in the industry have taken to accepting crypto-based deposits, and quite a few have also enabled crypto-based withdrawals. The same is true for various land-based sportsbooks and casinos, who are opening up to the possibility of trading crypto for cash in their establishments.
Whole Foods
Whole Foods stores around the world are equipped with the Flexa platform, which allows customers to instantly convert their cryptocurrency into dollars, making it possible for crypto-traders to shop in Whole Foods shops using cryptocurrency. Whole Foods is one of the fastest growing supermarket chains in the world, and prides itself on selling fresh and organic ingredients. In 2017, Amazon acquired the company, and many rumors are floating around that Amazon will soon accept crypto-based purchases as well. However, this has been unconfirmed by anyone involved with the company so far.
PayPal
Not only can PayPal be used to trade Bitcoin, but PayPal can now be used to purchase goods with Bitcoin. For example, a merchant can share their PayPal info with a customer, at which point, the customer will transfer the agreed upon sum of Bitcoin, in exchange for the product.