McDonald’s and Starbucks accept cryptocurrency payments

McDonald’s, Starbucks and thousands of other stores accept Bitcoin as a method of payment. Businesses will rely on Strike, a payment solution based on the Lightning Network, for ultra-fast transactions.

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This April 6, 2022, Bitcoin 2022 Conferenceone of the largest events dedicated to Bitcoin, opened in Miami. During this event, many players in the world of cryptocurrencies report on their projects.

This year, Jack Mallers, founder and CEO of Strike, a payment application based on the Lightning Network (an overlay of the Bitcoin network), announced the compatibility of its services with Shopify, NCR and Blackhawk

Also read: 19 million bitcoins have been mined, there are only 2 million left!

400,000 brands accept Bitcoin as a means of payment

Now, all sites and merchants that rely on Shopify (the platform that makes it easy to build an ecommerce site), NCR (a payment solution for commerce), and Blackhawk (a specialist in gift and loyalty cards), accept Bitcoin through the Lightning Network. This BTC network overlay makes it possible to: perform very fast transactions

“Any online merchant using Shopify can accept payments without the ‘boomer’ network dating back to 1949, receive them instantly, in cash, no middleman, no 3% fee”took on Jack Mallers, a staunch defender of cryptocurrency.

During his presentation, Strike’s CEO emphasized: many of the most famous brands involved in this collaboration. In particular, Jack Mallers’ presentation slide showed the logos of McDonald’s, Walmart, Home Depot and Best Buy. These are the main brands in the US market.

Other brands associated with NCR or Blackhawk, such as Starbucks, are also involved in this important partnership. According to Strike’s founder, 400,000 brands can now accept Bitcoin payments through the Lightning Network.

note that El Salvador, the first country to use Bitcoin as legal tender, also relied on Strike technology to complete the project. With this announcement, Jack Mallers hopes to boost the adoption of the queen of cryptocurrencies. For the time being, the contours of this announcement are still very vague. We’ll tell you more as soon as possible. While you wait for more information, share your thoughts on Bitcoin adoption in the comments below.

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