Chipotle will now accept cryptocurrency in US stores (Article By: Anushree Dave)
Chipotle, the popular Mexican-style fast-food restaurant chain, will now accept cryptocurrency payments through Flexa, a digital payments platform.
Flexa supports around 98 currencies, including BTC and ETH. Customers can use the app to pay for food items in any of the nearly 3000 Chipotle restaurants in the United States.
To pay with Flexa, customers will need to download Gemini or SPEDN app, both of which store digital assets. Customers can then use the app and tap it in-store to make a payment.
Chipotle joins a long list of restaurants that currently accept cryptocurrency. Subway, one of the first to accept Bitcoin in stores, started as early as 2013. Pizza Hut in Venezuela also began accepting crypto back in 2020. Starbucks allows its reward members to turn cryptocurrencies into cash balances on the Starbucks app.
https://www.theblockcrypto.com/post/149684/chipotle-will-now-accept-cryptocurrency-in-us-stores?utm_source=basicrss&utm_medium=rss
Other fast-food chains are trying to experiment in blockchain and crypto in other ways, trying to create hybrid digital-physical experiences. Taco Bell, KFC, Chick-fil-A, and Carl's Jr. are just a few chains to have recently filed for brand trademarks for NFTs.
Source: theblockcrypto.com
So while we are in a bear market, (it's better to accept that we are) crypto adoption is heavily increasing. Many are now familiar with the term, whilst others have started to self educate and promote. Digital currency is now not going anywhere. If art and pictures turn digital in the form of NFT making it more valuable than one could ever imagine. Currency that allows you to buy products and services most definitely will. Not many like paper,be it receipts, physical notes, newspapers or leaflets. Not forgetting the environmental side to it. It's all about paper free, contactless, cards, mobile payments etc. If thats now going to the next level through digital by means of improved technology and user convenience.. That's where the customer/consumer will go.
The past 2 years with the sudden closures, uncertainty and deprivation of family visits has had many, especially the elderly, to take on technology that they once feared and declined. Self doubt to learn and use was there because they had no reason to adapt its usage. They are now most happy with its ease, comfort, and efficiency. Allowing them to self manage their finances independently from the comfort of their home. In turn also allowing them to see and speak confidently with family, friends and grandchildren worldwide.
The future is bright and many wonderful inventions have been created. However it comes with a price. Not necessarily monetarily, but much more crucial and valuable to us such as personal data, its privacy and security. So although we could be heading in the right direction, there is always a concern. Keep yourself protected, by educational awareness and don't fall into vulnerability.
cryptoadoption
#crypto #moreacceptance Chipotle will now accept cryptocurrency in US stores (Article By: Anushree Dave)
Chipotle, the popular Mexican-style fast-food restaurant chain, will now accept cryptocurrency payments through Flexa, a digital payments platform.
Flexa supports around 98 currencies, including BTC and ETH. Customers can use the app to pay for food items in any of the nearly 3000 Chipotle restaurants in the United States.
To pay with Flexa, customers will need to download Gemini or SPEDN app, both of which store digital assets. Customers can then use the app and tap it in-store to make a payment.
Chipotle joins a long list of restaurants that currently accept cryptocurrency. Subway, one of the first to accept Bitcoin in stores, started as early as 2013. Pizza Hut in Venezuela also began accepting crypto back in 2020. Starbucks allows its reward members to turn cryptocurrencies into cash balances on the Starbucks app.
https://www.theblockcrypto.com/post/149684/chipotle-will-now-accept-cryptocurrency-in-us-stores?utm_source=basicrss&utm_medium=rss
Other fast-food chains are trying to experiment in blockchain and crypto in other ways, trying to create hybrid digital-physical experiences. Taco Bell, KFC, Chick-fil-A, and Carl's Jr. are just a few chains to have recently filed for brand trademarks for NFTs.
Source: theblockcrypto.com
So while we are in a bear market, (it's better to accept that we are) crypto adoption is heavily increasing. Many are now familiar with the term, whilst others have started to self educate and promote. Digital currency is now not going anywhere. If art and pictures turn digital in the form of NFT making it more valuable than one could ever imagine. Currency that allows you to buy products and services most definitely will. Not many like paper,be it receipts, physical notes, newspapers or leaflets. Not forgetting the environmental side to it. It's all about paper free, contactless, cards, mobile payments etc. If thats now going to the next level through digital by means of improved technology and user convenience.. That's where the customer/consumer will go.
The past 2 years with the sudden closures, uncertainty and deprivation of family visits has had many, especially the elderly, to take on technology that they once feared and declined. Self doubt to learn and use was there because they had no reason to adapt its usage. They are now most happy with its ease, comfort, and efficiency. Allowing them to self manage their finances independently from the comfort of their home. In turn also allowing them to see and speak confidently with family, friends and grandchildren worldwide.
The future is bright and many wonderful inventions have been created. However it comes with a price. Not necessarily monetarily, but much more crucial and valuable to us such as personal data, its privacy and security. So although we could be heading in the right direction, there is always a concern. Keep yourself protected, by educational awareness and don't fall into vulnerability.
cryptoadoption #crypto #moreacceptance