0 sats \ 1 reply \ @ClubAlpaca OP 2 Jun 2022 \ parent \ on: Custodial wallet apps supporting Flexa can now be used to pay with bitcoin at any Chipotle in the U.S. bitcoin
That Chipotle would add Flex was not a surprise, after Chipotle ran a promotion on April Fool's day 2021, where they gave away $100K worth of bitcoin plus 10,000 burritos to those who played some game of chance on an app downloaded and KYC'd on a custodial wallet app from Gemini (partner of Flexa).
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0 sats \ 0 replies \ @ClubAlpaca OP 2 Jun 2022
Technically, this would not be you paying Chipotle in bitcoin.
This would be (If i understand the process correctly, ... though I might be wrong), from your Flexa-enabled, KYC'd, custodial wallet app you then "pay" in bitcoin. Your custodial wallet app then converts your bitcoin to some shitcoin (AMP), then that shitcoin is sent to Flexa, who then pays Chipotle in fiat for your order.
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