Gucci accepts Bitcoin Cash

By Alther | Alther | 7 May 2022

Who does not know this famous brand? As one of the fashion brands with a big enough name in the world and as one of the world's top fashion style brands, Gucci will apply for crypto payments. Indeed, when it comes to crypto, Gucci has also participated in the existence of NFT before.


Image by Hung Pham Gia from Pixabay 

As reported by several media outlets for this news, Gucci will implement acceptance of payments from several types of cryptocurrencies. Such as Bitcoin, Bitcoin Cash, Ether, Wrapped Bitcoin, Litecoin, Shiba Inu, Dogecoin, Tether, USDC, and 2 other stable coins. The implementation will take effect in select stores in the United States later this month. And some of the info that has come to light is that the first Gucci stores to accept crypto payments are Wooster Street in New York, Rodeo Drive in Los Angeles, Miami Design District, Phipps Plaza in Atlanta, and The Shops at Crystals in Las Vegas.

Indeed, when talking about the issue of fashion products from Gucci, of course, it cannot be separated from high-end products and is probably not very influential for the lower middle class. But at least, with the implementation of payments using crypto, if anyone wants to experience or own a brand like Gucci, it will be easier to pay in the future. This means you can also make purchases online with easier payments.

On the other hand, there is one thing that can be highlighted about the various types of cryptocurrencies that are accepted, from here it can be seen that Bitcoin Cash is one of the crypto coins that can be trusted, chosen, and competes with other cryptocurrencies and stable coins as one of the coins that can be relied on as a payment method. electronically. This also means that it adds to the presence of merchants who accept payments with Bitcoin Cash to date in the future. Plus it also strengthens the signal of how reliable Bitcoin Cash is as a payment method among other cryptocurrencies.

With Gucci's move as one of the world's leading brands to accept crypto, it is likely that in the future there will be other well-known fashion brands that will implement the same thing. In this way, trust in crypto will grow as an option that cannot be ignored.


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