Artificer Posted March 5, 2019 Share Posted March 5, 2019 https://www.ccn.com/kroger-ditches-visa-discusses-accepting-bitcoin Link to comment Share on other sites More sharing options...
Guest Posted March 5, 2019 Share Posted March 5, 2019 It will be interesting to see if companies, such as Kroger, seriously pursue cryptocurrency solutions for domestic payments. However, often times these disputes end up being eventually settled. Even if Kroger were to pursue a cryptocurrency solution, I highly doubt they would use Bitcoin or any other energy intensive cryptocurrency. The company, like an increasing number of companies, is very serious about their sustainability efforts: http://sustainability.kroger.com/. Link to comment Share on other sites More sharing options...
Phintech Posted March 5, 2019 Share Posted March 5, 2019 The bitcoin maxis were jizzing their britches all day over this on twitter, about how the lightning network might be a solution for Kroger. It’s so laughable and delusional, I almost feel sorry for them (but not really). Artificer and JBW 2 Link to comment Share on other sites More sharing options...
Archbob Posted March 5, 2019 Share Posted March 5, 2019 Yeah, its not like they don't accept Mastercard or other cards. They're just ****** that VISA charges high prices. Artificer 1 Link to comment Share on other sites More sharing options...
Guest Posted March 5, 2019 Share Posted March 5, 2019 6 hours ago, Sebastian said: Even if Kroger were to pursue a cryptocurrency solution, I highly doubt they would use Bitcoin or any other energy intensive cryptocurrency. The company, like an increasing number of companies, is very serious about their sustainability efforts: http://sustainability.kroger.com/. 2 Don't fall too easily for a fancy website and company reports on sustainability. I firmly believe these companies are only driven to become more sustainable because the topic has become 'hot' in recent years. If the vast majority of its costumers demands BTC payments, they will turn a blind eye. There's simply too much money to be made. Link to comment Share on other sites More sharing options...
Guest Posted March 5, 2019 Share Posted March 5, 2019 2 hours ago, PactaSuntServanda said: Don't fall too easily for a fancy website and company reports on sustainability. I firmly believe these companies are only driven to become more sustainable because the topic has become 'hot' in recent years. If the vast majority of its costumers demands BTC payments, they will turn a blind eye. There's simply too much money to be made. ESG reporting has become a hot topic that is increasingly important to the market. Companies who perform well on material sustainability issues enjoy higher rates of return. Personally, I do not see Kroger or any major company implementing the BTC lightening network for domestic payments. I could see them perhaps exploring a service that offers a wide variety of cryptocurrency payment options, including BTC, but I suspect the demand for such payment options from their customers is next to non-existent. Most would probably prefer to be able to use their Visa instead. Link to comment Share on other sites More sharing options...
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