Convenience store chain was the first in the USA to start accepting cryptocurrency
It will be possible to pay for purchases at 622 Sheetz outlets with Bitcoin, Ethereum, Litecoin, and Dogecoin.
Sheetz grocery chain, one of the largest in the northeastern United States, has announced plans to accept cryptocurrency as a means of payment in retail outlets. It is the first chain of stores to allow shoppers to pay for digital currencies. Payment in cryptocurrency will be available at gas stations and other retail outlets of the network. The company has 622 sales outlets in Pennsylvania, Ohio, Maryland, Virginia, North Carolina, and West Virginia.
Vitalik Buterin called a way to solve environmental problems associated with bitcoin
Ethereum Co-Founder Believes Mainstream Cryptocurrency Should Reduce Miners’ Carbon Footprint
Ethereum co-founder Vitalik Buterin pointed out a way to tackle environmental issues related to bitcoin during a speech at the StartmeupHK virtual festival in Hong Kong, writes Fortune. According to the developer, a large cryptocurrency like Ethereum needs to go to the Proof of Stake (PoS) consensus.
Danish bank director calls Bitcoin “speculative oddity”
According to Lars Rod, regulators can ignore cryptocurrencies because there are no guarantees and stability regarding their value.
Danish National Bank Director Lars Rode, in an interview with Bloomberg, called bitcoin a “speculative oddity” that central banks in other countries can ignore. According to him, there is no stability and no guarantees regarding the value of the cryptocurrency.
Rohde believes that the bigger threat does not come from digital assets, but large companies taking up financial space. This could threaten the independence of central banks, says the director of the Danish regulator.
Earlier, the cryptocurrency was criticized by the head of the Bank of England Andrew Bailey. He noted that digital assets have no intrinsic value and those who invest in them must be prepared to lose all their money.