{"id":391164,"date":"2019-07-26T01:01:22","date_gmt":"2019-07-26T01:01:22","guid":{"rendered":"https:\/\/wncen.com\/?p=391164"},"modified":"2024-06-11T09:26:25","modified_gmt":"2024-06-11T09:26:25","slug":"daily-grocery-shopping-bitcoin-adoption","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/daily-grocery-shopping-bitcoin-adoption\/","title":{"rendered":"Daily Activities Like Grocery Shopping May Hold the Key to Bitcoin Adoption"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">Anyone involved or invested in the crypto industry or market has a desire to see <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> succeed. Even those who prefer one of the thousands of altcoins over Bitcoin, do tend to understand that bitcoin adoption means overall crypto adoption, and the sentiment around the first-ever cryptocurrency typically controls the entire ebb and flow of the market.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">But because the new technology is young and not yet understood by the masses, until it becomes part of everyday life and activities, it will struggle with adoption. This is why Bitcoin-rewards program Lolli has partnered with Safeway and Albertson\u2019s supermarkets to launch a new initiative where customers can earn Bitcoin for shopping at one of the company\u2019s 900 locations worldwide.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Lolli Teams Up With Safeway and Albertson\u2019s In Major Retail Partnership<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Bitcoin-based rewards program <a href=\"https:\/\/lolli.com\/ref\/csLXxX8ruv\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Lolli<\/a>, which offers BTC back when making a purchase at a number of well-known retailers like Macy&#8217;s, Wal-Mart, Best Buy, and dozens more, has today revealed a new partnership with grocery store chain Safeway and Albertson\u2019s &#8211; two brands owned by investing giant Cerberus Capital Management.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/07\/11\/crypto-trend-analyst-bitcoin-price-rally-has-ended-bottom-december-2019\/\">Crypto Trend Analyst: Bitcoin Price Rally Has Ended, Bottom December 2019?<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">This latest move is in line with what Lolli CEO and co-founder Alex Adelman says is their goal in \u201ctrying to make Bitcoin accessible to everyone\u201d and will expose the first-ever crypto asset millions of customers in over 900 of the supermarket locations.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Highlight: &quot;Right now, we&#39;re trying to make bitcoin accessible to everybody,&quot; <a href=\"https:\/\/twitter.com\/trylolli?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@trylolli<\/a> CEO <a href=\"https:\/\/twitter.com\/alexadelman?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@alexadelman<\/a> says. &quot;And so we&#39;re trying to make Bitcoin part of everyone&#39;s daily life. &#8230; We&#39;re bringing this whole new wave of users into bitcoin already.&quot; Full interview: <a href=\"https:\/\/t.co\/Sza0YG9GbE\" rel=\"nofollow\">pic.twitter.com\/Sza0YG9GbE<\/a><\/p>\n<p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/63836929?ref_src=twsrc%5Etfw\" rel=\"nofollow\">July 25, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">While speaking on a segment on Yahoo Finance, Adelman says he\u2019s trying to make \u201cBitcoin part of everyone\u2019s daily life,\u201d which he believes is the key to adoption. He also believes that through his app and other ways of \u201cearning\u201d Bitcoin, it will drive a new wave of consumer adoption.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">He also revealed that the company is planning a Bitcoin-based rewards credit card, where cardholders would earn Bitcoin rewards for spending using the card.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-391167 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/lolli-bitcoin-crypto.png?resize=860%2C680\" alt=\"\" width=\"860\" height=\"680\"><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Are Grocery Stores Really the Key to Bitcoin Adoption? <\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> is a financial asset, a store of value, and many, many other things to different people, depending on their needs. But it is also a technology, and many overlook how this impacts adoption.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">There were times when the television, the internet, smartphones, and even refrigerators were considered a fad that would pass. It wasn\u2019t until they became apart of our daily lives did these technologies suddenly become essential to it. Bitcoin will also someday achieve this, although since it has so many different use cases, how it will apply to daily life may not be very apparent.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/07\/23\/coinbase-crypto-bitcoin-users-adoption\/\">Coinbase Crypto Milestone: Amasses 30M Users, 5M in Last 10 Months\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">But thanks to companies like Lolli and their partnership with Safeway, or a recent move by Coinstar to offer Bitcoin in exchange for actual coins at supermarkets everywhere, the visibility of the cryptocurrency as a brand and technology will soon become something unavoidable in daily life, even doing something as mundane as shopping for groceries.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Some day, in the not so distant future, the majority of the groceries across the globe may be paid for using Bitcoin, and its early beginnings in a grocery store may be what takes the crypto asset there, in time.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anyone involved or invested in the crypto industry or market has a desire to see Bitcoin succeed. Even those who prefer one of the thousands of altcoins over Bitcoin, do tend to understand that bitcoin adoption means overall crypto adoption, and the sentiment around the first-ever cryptocurrency typically controls the entire ebb and flow of the market. But because the new technology is young and not yet understood by the masses, until it becomes part of everyday life and activities, it will struggle with adoption. This is why Bitcoin-rewards program Lolli has partnered with Safeway and Albertson\u2019s supermarkets to launch a new initiative where customers can earn Bitcoin for shopping at one of the company\u2019s 900 locations worldwide. Lolli Teams Up With Safeway and Albertson\u2019s In Major Retail Partnership Bitcoin-based rewards program Lolli, which offers BTC back when making a purchase at a number of well-known retailers like Macy&#8217;s, Wal-Mart, Best Buy, and dozens more, has today revealed a new partnership with grocery store chain Safeway and Albertson\u2019s &#8211; two brands owned by investing giant Cerberus Capital Management. Related Reading | Crypto Trend Analyst: Bitcoin Price Rally Has Ended, Bottom December 2019? This latest move is in line with what Lolli CEO and co-founder Alex Adelman says is their goal in \u201ctrying to make Bitcoin accessible to everyone\u201d and will expose the first-ever crypto asset millions of customers in over 900 of the supermarket locations. Highlight: &quot;Right now, we&#39;re trying to make bitcoin accessible to everybody,&quot; @trylolli CEO @alexadelman says. &quot;And so we&#39;re trying to make Bitcoin part of everyone&#39;s daily life. &#8230; We&#39;re bringing this whole new wave of users into bitcoin already.&quot; Full interview: pic.twitter.com\/Sza0YG9GbE &mdash; Yahoo Finance (@YahooFinance) July 25, 2019 While speaking on a segment on Yahoo Finance, Adelman says he\u2019s trying to make \u201cBitcoin part of everyone\u2019s daily life,\u201d which he believes is the key to adoption. He also believes that through his app and other ways of \u201cearning\u201d Bitcoin, it will drive a new wave of consumer adoption. He also revealed that the company is planning a Bitcoin-based rewards credit card, where cardholders would earn Bitcoin rewards for spending using the card. Are Grocery Stores Really the Key to Bitcoin Adoption? Bitcoin is a financial asset, a store of value, and many, many other things to different people, depending on their needs. But it is also a technology, and many overlook how this impacts adoption. There were times when the television, the internet, smartphones, and even refrigerators were considered a fad that would pass. It wasn\u2019t until they became apart of our daily lives did these technologies suddenly become essential to it. Bitcoin will also someday achieve this, although since it has so many different use cases, how it will apply to daily life may not be very apparent. Related Reading | Coinbase Crypto Milestone: Amasses 30M Users, 5M in Last 10 Months\u00a0 But thanks to companies like Lolli and their partnership with Safeway, or a recent move by Coinstar to offer Bitcoin in exchange for actual coins at supermarkets everywhere, the visibility of the cryptocurrency as a brand and technology will soon become something unavoidable in daily life, even doing something as mundane as shopping for groceries. Some day, in the not so distant future, the majority of the groceries across the globe may be paid for using Bitcoin, and its early beginnings in a grocery store may be what takes the crypto asset there, in time.<\/p>\n","protected":false},"author":517,"featured_media":391165,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[49298,428,6664,17080,49297],"class_list":["post-391164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-albertsons","tag-bitcoin","tag-crypto","tag-lolli","tag-safeway"],"acf":[],"yoast_head":"\n<title>Daily Activities Like Grocery Shopping May Hold the Key to Bitcoin Adoption<\/title>\n<meta name=\"description\" content=\"Bitcoin-based rewards program Lolli has today revealed a new partnership with grocery store chain Safeway and Albertson\u2019s\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/daily-grocery-shopping-bitcoin-adoption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Activities Like Grocery Shopping May Hold the Key to Bitcoin Adoption\" \/>\n<meta property=\"og:description\" content=\"Bitcoin-based rewards program Lolli has today revealed a new partnership with grocery store chain Safeway and Albertson\u2019s\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/daily-grocery-shopping-bitcoin-adoption\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-26T01:01:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T09:26:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/bitcoin-safeway-lollo-crypto-shutterstock_1389130091.jpg?fit=4500%2C3214\" \/>\n\t<meta property=\"og:image:width\" content=\"4500\" \/>\n\t<meta property=\"og:image:height\" content=\"3214\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; 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The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. 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His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. 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The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. 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