RATE Group | Safeway Shoppers Can Now Get Bitcoin Back as Change at 894 US Stores
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Safeway Shoppers Can Now Get Bitcoin Back as Change at 894 US Stores

26 Jul Safeway Shoppers Can Now Get Bitcoin Back as Change at 894 US Stores

Posted at 08:53h in Bitcoin News by

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Bitcoin (BTC) rewards shopping app Lolli has partnered with major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. 

Making Bitcoin ‘part of everyday life’

According to a blog post announcing the new partnership on July 25, Safeway — and Albertsons Companies’ subsidiary — operates 894 locations across 17 American states. 

The system will reward customers in Satoshis (sats) — the name given to one hundred millionth of one Bitcoin — the smallest unit of the cryptocurrency.

In an interview with Yahoo! Finance, Lolli CEO & co-founder Alex Adelman said that teaming up with “one of the most well-recognized food retailers in the United States […] will give people the ability to get involved in holding and owning Bitcoin — perhaps for the first time.” 

He added that whereas the initial thought during Bitcoin’s early days had been that the cryptocurrency would first be used as a payments rail, his view is that earning Bitcoin…

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