LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid

LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid

Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash.

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LibertyX, the firm that launched one of the early Bitcoin ATMs, has just made purchasing Bitcoin in cash possible at more than 20,000 retail locations across the United States. 

In a June 22 announcement on LibertyX’s Twitter account, the crypto ATM service company said customers of retailers including 7-Eleven, CVS Pharmacy, and Rite Aid would be able to buy Bitcoin (BTC) with cash. 

Users need to have the LibertyX mobile app installed, select which retailer location they will visit in advance, and scan their barcodes at the time of purchase. According to LibertyX, crypto holders can buy between $20-$500—up to 0.052 BTC as of this writing—with transactions processed in minutes for a small fee. 

In a press release shared with Cointelegraph, LibertyX Co-founder and CEO Chris Yim said the company expanded crypto purchasing services so customers could buy BTC at familiar locations: 

„Now, everyone is only a few miles away from owning bitcoin and becoming part of its global community. Buying bitcoin is as easy as scanning a barcode while shopping for groceries.“

Early reactions from crypto community

Crypto traders have already started to take advantage of the new offering. Reddit user notyourcoins reportedly received $99.58 for a $104.95 BTC purchase from 7-Eleven on June 22—$100 for the crypto, and $4.95 for the retailer fee. 

Another user, Oracle_of_Knowledge, did the math on the transaction:

“0.01040236 BTC for $100. So $9613.20 per BTC was the price you paid. June 22nd at 9:38 AM Western Time, so for comparison the price on Coinbase Pro exchange at that time was between $9551 and $9570. So that’s not even that bad of a spread, you only paid like ~0.5% above „spot“ exchange price. Plus the flat $5 ATM fee. Surprisingly not bad.”


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Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash.

Canadian Pharmacy to Track Cannabis via Blockchain in New Pilot Program

Canadian Pharmacy to Track Cannabis via Blockchain in New Pilot Program

Shoppers Drug Mart and blockchain firm TruTrace have partnered to run a pilot for tracking cannabis supply chains with blockchain tech

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Canadian pharmacy chain Shoppers Drug Mart has partnered with blockchain company TruTrace Technologies Inc. to launch a pilot program for cannabis supply chain tracking via blockchain, according to a report by Bloomberg on June 17.

According to the report, this blockchain tracking system will be used to identify and track medical cannabis, with data included such as the strain’s source and genetics. This data will purportedly allow doctors to issue more effective prescriptions, as well as provide robust information for medical marijuana clinical trials.

Shoppers Drug Mart executive Ken Weisbrod commented on how this new level of specificity can help, saying:

“They can say, ‘This particular product, strain, cultivar has this chemistry component and my patient is consistently on this drug and he’s gotten great outcomes […] Then we can start triangulating that data. This is a huge leap for the industry.”

The motivation behind the tracking system is to assuage the concerns of patients and doctors alike, by “mak[ing] it more like traditional medicine,” says Weisbrod.

Commenting on TruTrace’s motivations, the firm’s CEO Robert Galarza said that he hoped the company’s recent partnership with Shoppers Drug Mart can be parlayed into similar arrangements with American pharmacy chains CVS and Walgreens, which already sell cannabis-based products.

As previously reported by Cointelegraph, Colorado-based Internet of Things car security firm CyberCar partnered with cannabis supply chain software company Webjoint in 2017 to use a blockchain-based car tracking system for cannabis deliveries.

According to the report, the blockchain system would track drivers and vehicles automatically. Webjoint CEO Chris Dell’Olio commented on how CyberCar’s driver tracking would help its business, saying:

„Compliance reporting has always been the largest hurdle for the cannabis industry. With CyberCar embedded in our solution, we are able to totally automate all municipal and state reporting requirements.”


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Shoppers Drug Mart and blockchain firm TruTrace have partnered to run a pilot for tracking cannabis supply chains with blockchain tech