Are McDonald's and Starbucks the next bitcoin adopters?

The queen of cryptocurrencies invites itself to merchants. On Wednesday April 6, the Bitcoin 2022 conference was held in Miami, one of the biggest events dedicated to this cryptocurrency. Jack Mallers, the founder and CEO of Strike, a payment application based on the Lightning Network, an overlay of the Bitcoin network, announced that thousands of brands were now able to accept payment in bitcoin, reports PhonAndroid Friday April 8. Among the 400,000 brands involved in this partnership, we find McDonald's, Starbucks, Walmart and Best Buy.

This concerns all sites and merchants who use Shopify, a platform that allows you to design an e-commerce site, NCR, a payment solution for commerce, and Blackhawk, a specialist in gift and customer cards. These services have become compatible with the Lightning Network, which consequently allows bitcoin transactions. “Any online merchant using Shopify can accept payments without the boomer network that dates back to 1949, receive them instantly, final cash, no middleman, no 3% fees,” boasted Jack Mallers, insisting on the speed of transactions.

On the other hand, it is only an announcement and the outlines are quite blurred, warns PhonAndroid. It should be noted that El Salvador, the first country that authorized bitcoin as legal tender, also relied on the Strike application to develop this project.