Fold Brings Bitcoin to Hong Kong Starbucks Branches

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Article by JP Buntinx
Bitcoin adoption can only occur once there are enough use cases for everyday consumers to consider it a valid payment method. While people can buy a lot of different goods and services with Bitcoin, it’s not suited for everyday consumers just yet. However, now that Starbucks branches in Hong Kong are accepting Bitcoin, that situation might change sooner rather than later.
Starbucks Hong Kong and the Fold Application
One of the most popular brands in the world is Starbucks. Regardless of whether you like or dislike coffee, most of us have visited a Starbucks shop on more than one occasion. Popular brands such as Starbucks could push Bitcoin adoption to a whole new level.
However, Starbucks has never openly declared that it would start accepting Bitcoin payments, even though they would save a lot of costs compared to processing traditional payment methods. Regardless of Starbucks’ official stance on Bitcoin, though, Fold will now allow Starbucks customers to pay for their goods with Bitcoin.

This post was published at Inside Bitcoins on May 5, 2015.