Bitcoin Jesus chooses Bitcoin Cash over BTC for integration of BCH payments into Home Depot, Walmart and more
Roger Ver, arguably the biggest proponent of the Bitcoin Cash [BCH] hard fork, recently revealed in an interview that Bitcoin.com wallet users will be able to spend BCH at outlets such as Walgreens, Walmart, Safeway, and Home Depot. This was also later confirmed by him on Reddit to be true.
He was asked what the next step for Bitcoin.com was, seeing as he is the CEO of the site. He revealed that one step on the agenda was integrating privacy features onto the Bitcoin.com wallet. This was so that blockchain analytics could not be performed on transactions from the software, leading to greater privacy with BCH transactions.
Speaking to CryptoGlobe, he further stated:
“Another major thing we have is where you’ll be able to spend Bitcoin cash in just about every single major merchant in the entire United States like Walgreens, Walmart, Safeway, Home Depot, all these major merchants in the United States”
He also stated that users who utilize this payment method will be able to get a 1% discount. Ver revealed that he planned to release this functionality to the public within the end of this year.
However, in a blow to merchant adoption for Bitcoin [BTC], he stated that this functionality would only be available for Bitcoin Cash users. This led to a lot of speculation among r/btc subreddit members, who spoke about how it could be implemented.
KosniusBCH, a user on the platform, speculated that it could be a gift card system where the cards are sold for BCH and then used to transact at these locations. He also speculated that retailers would see their gift card usage “spike like crazy”.
TorusJKL, another user, stated:
“Maybe they work with the POS software vendor to include BCH payments in their product.”
To this, Roger Ver, who has the username u/memorydealers on Reddit, responded “This”. His reply implies that the route taken to implement BCH payments in prominent retailers is at a more grassroots level, targeting point-of-sale software vendors.
This also marks a significant step forward in the adoption space for BCH, as it could take a chunk of the hundreds of millions of transactions conducted at these locations. Walmart alone has 270 million weekly customers, with Home Depot processing over 389 million customer transactions in 4 months.