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Nordstrom And Whole Foods To Accept Cryptocurrency Payments Directly

Nordstrom

Nordstrom and Whole Foods to accept cryptocurrency payments directly. It has come.  The first big announcement coming from Consensus this week in New York, and it’s a big one. One of the newest payment processors called Flexa has launched and is partnered with Gemini, which is a large bitcoin exchange based out of New York and is underpinned by it’s own ERC-20 token called Flexacoin. 

How does it work? You pay for your items using Flexa’s app, Spedn, which generates a QR code that you scan at the checkout register. The merchant receives immediate payment in dollars, and the equivalent amount of cryptocurrency is debited from your cryptocurrency wallet in the Spedn app.

Whole Foods, which is owned by the e-commerce behemoth, is now accepting bitcoin as a payment method. The mind-blowing development was made possible thanks to a deal between payments startup Flexa and Gemini, the latter of which is the crypto exchange launched by Tyler and Cameron Winklevoss.

Users only need to download an app dubbed Spedn and can make everyday purchases using cryptocurrencies including bitcoin, ether, Bitcoin Cash, and Gemini Dollar (GUSD). Considering that GUSD is the stablecoin of the Winklevoss’ Gemini exchange, it’s not surprising that it’s being supported as well. GUSD should will introduce some stability into crypto payments given its peg to the U.S. dollar and the volatile nature of the bitcoin price. As crypto investors have come to expect, there are no hidden fees or markups, so consumers will be incentivized to use the app.

Everyone knows that Nordstrom and Whole Foods customers are already “being green” given that the grocery no longer uses plastic bags. Wait till shoppers outside of the crypto community learn about bitcoin.

 

AMAZON’S MARKETPLACE COULD BE NEXT

Earlier this week, it was rumored that Amazon’s competitor eBay would stop using paypal and start accepting crypto payment directly on the site, and will facilitate payouts to sellers via that method as well. This is a key move as this is a large eCommerce retailer that does millions of transactions each month have found a way to implement a safer, faster, and cheaper payment system.

Tyler and Cameron Winklevoss have been mum about this secret but now that it’s out of the bag, there’s nothing stopping wide-scale adoption of bitcoin.

The Flexa/Gemini/retailer partnerships are really a reflection of the best of both worlds. The technology builds on existing payments infrastructure that’s used to accept digital payments such as Apple Pay, for instance. All the retailers must do is tweak their scanners to identify payments from the Spedn app. Customers are already familiar with tap-and-go with their mobile device, so there’s nothing new for them to do. There are no additional hoops for the cashier to jump through that might slow down the line. As for the merchant, they can either accept to take the payment in crypto or convert it into fiat money.

For the crypto ecosystem, the announcement is what everyone has been waiting for. It means that if Whole Foods can accept bitcoin and other cryptocurrencies, theoretically Amazon’s entire marketplace can integrate the infrastructure to do the same, seemingly with Flexa. In the U.S., Amazon Prime customers reportedly dole out an average of $1,300 per year on the e-commerce marketplace vs. $700 for non-members.

In addition to Whole Foods, the initiative extends to other merchants including Crate and Barrel and high-end retailer Nordstrom. The Flexa network is comprised of more than 30,000 stores and finally thrusting crypto into the spotlight for micro-purchases such as a cup of coffee, pizza, or electronics.

WHY THIS IS GOOD AND BAD

 

This will require people becoming aware of this change. This is amazing news, but there is always a learning curve when people start to adopt a new method of payment. People have been using only cash and credit card essentially for the last 60 years and it will take a an older generation and a newer generation to find ways to change their spending habits. That is the Bad.

Here is the good. With new innovation, comes new possibilities. Why would merchants want to start accepting crypto? First off, there are no chargebacks. It was reported that merchants can be charged upwards of $300 per chargeback when accepting credit cards. With cryptocurrency, the charges are irreversible. That’s not to say that you will not be dealing with customer service and/or returns in your business, but this is a HUGE advantage for no longer having to deal with credit card disputes.

Additionally, the fees to accept credit cards are typically anywhere from 2-5% per transaction, plus a $0.39 cent fee each time you accept a credit card. That’s absurd. As more and more awareness of this alternative, mixed with consumer confidence and adoption of spending cryptocurrencies on a consistent basis, the credit card companies and banks will hopefully soon be a thing of the past. Soon, it will almost be as antiquated as paying with a check.

 

THERE IS STILL A BETTER ALTERNATIVE TO THIS!

 

What if you could EARN cryptocurrency by shopping at these stores already? You can. I recently wrote an article on the new Life Info App that allows you to connect your bank account or credit card and use a shopping app that essentially allows you to create an instant electronic gift card, and save anywhere from 2-10% off on any purchase you make at thousands of retailers (including Nordstrom and Whole Foods).

How does this work? When you download the free app, you can use online or in person purchases on thousands of stores and brands and save on each purchase. The money that you save on each transaction is accumulated in the wallet and can be converted directly into Bitcoin! You can also convert it into several other altcoins that are supported by Coinbase as that is how you convert your savings directly.

This is a GREAT way to dip your toe into the cryptocurrency world, WHILE saving money at these stores you are already spending money at anyways, you may as well get free Bitcoin to do so.

If you refer to my review link I mentioned above, there are some demo videos that explain the entire process and it’s super easy to use. To me, this is a great bridge to get people familiar with the process. Additionally, you can then send your newly acquired bitcoin to the Spedn app, if you so choose. Please use my link here to get your free download and check it out.

 

***GET YOUR FREE LIFE INFO APP DOWNLOAD HERE***

 

Conclusion

 

All in all, this is very positive news for the cryptocurrency world, and this is a large first step in bringing the utility of cryptocurrency into the real world and offering people a BETTER alternative to our failed legacy financial system. Any tool that helps people transition from the inflationary dollar to the sound hard money of bitcoin, is something I support. The easier it becomes and the lower the barrier to entry is, we will begin to see MASSIVE droves of people start to transition from fiat to crypto. 

 

What do you think? Is there a better way for us to start gaining mass adoption and utility for crypto payments? Let me know in the comments below!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

How To Earn Free Bitcoin (2020)

This post is going to go into how to earn free bitcoin. But first, a quick story about how I stumbled upon this amazing tool and resource, and why it’s going to work for you. I first learned about the Life Leadership program from my girlfriend’s father last summer. As he was a fellow libertarian, I was interested to hear his thoughts on what this program offered and what the core values were, as I was always looking to converse with like-minded people.

I came to find that financial freedom and personal development (two things I was actively working on myself and believed in) was the cornerstone of what this organization stood for. As we started discussing it, I mentioned that I worked for a prominent cryptocurrency company and that I also believed in self-sovereignty and despised our current legacy financial system.

After that interaction, I started getting more involved, attended some in-person seminars, and was happy to learn that Life was working on a project that was going to promote the spending of cryptocurrencies through their platform. They believe in financial and economic freedom for the entire world; a vision I also shared.

I joined as a member and downloaded the free app that offers a wealth of free (and paid) services that help you get out of debt, educate you how to navigate our corrupt financial system, and provides you myriad tools to give you prosperity and obtain the life you’ve always wanted!

As a current member of the Life Leadership, I was thrilled to find that they had created a fantastic way to save money on purchases you were already making, create an eWallet that stores all your savings, and provided a simple way to accumulate the life virtual currency called “dibs” (which stands for “Dollars In Bitcoin Satoshi’s). You can convert these rewards directly into bitcoin. Seriously.

I am going to explain how it all works below, and as a “Pro-Cryptocurrency” individual, I truly believe this is the best possible on-ramp to gain mainstream adoption for ALL people to enter the cryptocurrency world, easier than any other method I’ve seen before. Giving people a powerful and free tool (the app) to save money on purchases they are already making, and then being able to convert the savings you accumulate directly into bitcoin is a slam dunk. Let’s learn how to earn free bitcoin!

 

*** CLICK HERE FOR YOUR FREE LIFE APP DOWNLOAD***

 

HOW TO EARN FREE BITCOIN: WHAT IS THE LIFE INFO APP?

The Life Info App is a free app for iPhone or Android that promotes financial literacy, personal development, and most recently, a shopping platform that that lets you convert your savings directly into bitcoin (via Coinbase). This is done with a rewards system that is used with the app’s ecosystem in the form of a virtual currency for Life Info shoppers and members called “dibs”. This rewards-based coin allows you to save 2% on all of Life’s existing services (subscriptions, audio’s, books, etc…) starting with a whole new redesign of the app starting on May 1st, 2019.

You start accumulating these dibs for every purchase you make through the app. They also have a network of very popular merchants worldwide (on-line or in person), that you can earn “cash back” or “dibs” on every purchase that goes directly into your eWallet after every transaction. Just to name a few: American Airlines, Buffalo Wild Wings, Groupon, Bass Pro Shops, Nike, Jiffy Lube, Best Buy, Home Depot, and Chipotle. These discounts range anywhere from 1-10% off each purchase and that percentage goes as a rewards balance in your eWallet that you start accumulating immediately.

So, how do I earn free bitcoin? Here’s How it Works. When you go click “Shop Now” in the center screen of the app, you can either browse all locations within a 100 mile radius of your current location, or manually type it in the search bar. There are thousands of physical locations and over 1,000 brands that are included in the app. You simply click on the brand you are currently wanting to make a purchase with and it will ask you to enter in the total purchase amount.

(PRO-TIP: If you have any coupons or other discount codes already, you can add that to your order to “stack” your total savings).

Once you enter in the total it will generate a digital gift card on the spot with the exact total of your purchase, so you don’t have a leftover balance on the gift card (unless you want to). You then either have the cashier scan your phone with the bar code, or read off the gift card code to them to process your transaction.

Once this transaction is complete, you will immediately receive a credit of “dibs” in your eWallet that you can either save for a future purchase at a discount at a different vendor within the app, or cash that out for bitcoin immediately. I would recommend not cashing it out for bitcoin immediately, as the more “dibs” you accumulate in your eWallet, you start to earn a higher percentage of rewards for each new tier that you hit. Here is a video explaining an overview of how the process works.

 

*** CLICK HERE FOR YOUR FREE LIFE APP DOWNLOAD***

 

WHAT ARE “DIBS” AND WHY DO I NEED IT?

“dibs” or (Dollars in Bitcoin Satoshi’s) is life’s virtual currency that is accumulated as rewards for each purchase made on life’s services within the app and also on any merchant purchases through any of the thousands of retailers that you see listed. This is significant because as a currency that is meant to benefit you (the Life App User) you can avoid using fiat and obtain the benefits of real world beneficial products and services, without forcing you to use a credit card. As we all know, credit cards are a tool used by big banks to try and create financial harm by charging outrageous interest rates while incurring absurd fees and is designed to drive you further into debt. how to earn free bitcoin

“dibs” is a versatile tool, not only for this ecosystem that promotes financial freedom, but is also allows you to convert it directly into Bitcoin (via Coinbase). I will provide an informational video below outlining this process, as well as providing you with some other options for using your “dibs”.

 

WHO IS IT FOR?

 

This is for anyone who wants to save money, earn free bitcoin, and also have an opportunity to earn passive income on the side. How do you do this? Simply use the app to make the purchases you were already planning to make anyways, online or in person. It’s more secure, and best of all you SAVE on every single purchase. These savings will go directly into the eWallet and the more you accumulate, the more rewards you receive, it’s that simple. This is how to earn free bitcoin!

If you are new to bitcoin and cryptocurrencies and want to dip your toe in, this is BY FAR the easiest way to get started. I’ve been around in this industry for years, and I don’t say that lightly.

 

HOW DO I EARN FREE BITCOIN FOR PURCHASES I’M ALREADY MAKING?

 

As outlined in the video above, you can convert your “dibs” directly into bitcoin. This is a powerful decentralized digital currency that has immense utility and will most likely gain significant value over time as it is a “deflationary” currency, by design. You can also receive incentives to spend your bitcoin within the Life App, if you decide not to store it offline for longer term savings.

You just simply need to start making purchases within the Life App, see your savings accumulate immediately after each purchase, and then decide what’s best for your long term and short term savings and spending plan. If you skipped the video above in the previous section, I would strongly recommend giving it a view, as it visualizes this whole process and breaks it down very easily for you.

 

HOW DO I SIGN UP FOR FREE?

 

Are you convinced yet that this is a win-win? You literally have nothing to lose and everything to gain. I am going to give you my referral link below here again and it will allow you to start saving immediately. As mentioned above, you can start saving NOW and accumulate savings in your wallet and on June 1st 2019, you will be able to convert your “dibs” into bitcoin directly through a very easy to use wizard as demonstrated in the above video.

 

*** CLICK HERE FOR YOUR FREE LIFE APP DOWNLOAD***

CONCLUSION

 

I’ve spent the last 3 and a half years of my life in pursuit of helping people understand and learn how to accumulate and store your cryptocurrency, safely. I can say this with absolute confidence that cryptocurrency is the future, and I believe that bitcoin has the best chance of success in gaining mainstream adoption as a device to liberate all people.

When we start using a decentralized means of exchange, we take away all the power and leverage away from the big banks and corrupt government officials that are there to try and control you. This campaign is one of freedom. This a worthwhile goal for every single human on the planet.

In over 10 years in the technology sector, I have never come across such a revolutionary technology. I will include a link to an article I wrote about a week ago that explains why I believe bitcoin is the ultimate expression of freedom.

Additionally, this website is dedicated to not only the adoption of cryptocurrency, but providing you information and the tools necessary to secure your bitcoin (and other cryptocurrencies) by becoming your own bank. I am partnered with the top 3 best hardware wallet providers in the industry and you can learn about and purchase these devices to help you keep your private keys in your possession, once you obtain them from Coinbase.

You just need to click the “Crypto Hardware Wallets” page at the top to review the best sellers if you want to take your cryptocurrency savings seriously. I will also recommend the easiest one to use if you’re a beginners here and it’s called “KeepKey“. I have been privately testing their new platform and can absolutely attest to its ease of use and top notch security. The link for this is right “HERE“. keepkey wallet

If you do not currently have a Coinbase account, you can click “HERE” to get a free $10 worth of bitcoin with your first purchase of $100 or more. If you decide to use that link, it helps both you and me as I am provided my own free $10 of bitcoin for referring you , at no additional cost to you.

P.S. If you would like to learn how to become a life leadership partner and start earning passive income by promoting this wonderful platform, please reach out to me directly in the “Contact Us” section of the website at the top.

 

PLEASE feel free to comment below with any questions or concerns about these products and processes and I will be sure to respond promptly!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

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