The Costa’ Bitcoin on the rise: Major chains give Gibraltar a BTC boost

Cointelegraph

Published Jul 26, 2022 04:30PM ET

Updated Jul 26, 2022 07:40PM ET

“But you can’t buy a coffee with Bitcoin,” the Bitcoin (BTC) critics chanted. Gibraltar, a tiny British Overseas Territory in Europe just blew a hole in that FUD as popular coffee chain Costa Coffee now accepts Bitcoin over Lightning.

Hotel Chocolat, the Card Factory and the Gibraltar bakery also accept Bitcoin as a currency in the British Overseas Territory. The well-known franchises take advantage of Bitcoin’s Lightning Network (LN) to accept customers’ money. The LN is ideal for microtransaction cappuccinos, postcard payments or ice cream investments as reporter Joe Hall found out during a Gibraltar shopping spree.

Lightning-enabled Bitcoin merchants in Gibralatar. Source: CoinCorner

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