E-commerce store ‘Radio Shack’ lists Shiba Inu as payment method

Shiba Inu

There are many indications that one of the most popular electronics retailers will introduce Shiba Inu as a payment method. The community reacted vigorously to a question on the matter.

Is it even a question at all?

On Thursday, July 14, the official “Radio Shack” profile reached out to its fans on Twitter for advice:

It concerned the possibility of adding payment in Shiba Inu, for purchases made in the network’s stores.

We have already emphasized more than once what a strength the SHIB community is. Hence, the reactions are not surprising. There was an immediate avalanche of positive comments.

User MaximousDarwin responded: “Always a good idea to keep up with trends, right? Do it! #shib!”.

He was echoed by CMRogers74: “SHIBARMS welcome anyone who wants to join our ranks. That would be a huge YES!”

Great excitement was also shared by dream1Milli, who commented:  “At this point, is that even a question? Hell yeah!!!”.

RadioShack a powerful brand in its segment

RadioShack is a company founded in the United States, back in 1921. It was originally known as RadioShack Corporation. Its initiators were brothers Theodore and Milton Deutschman. The company’s initial scope was to supply equipment to the amateur radio segment, which was growing at the time. 

Thanks to its partnership with Tandy Corporation, over time RadioShack became one of the market leaders in the United States, in terms of electronics trading. In addition, the company has significantly expanded beyond the borders of its home country. Its stores can also be found in Mexico, the United Kingdom, Australia and Canada. In turn, thanks to licensing to third-party companies, its signboard can also be seen in parts of Asia, North Africa, South America and the Caribbean.

One gets the impression that the answer to the question posed on Twitter by RadioShack was a foregone conclusion. The SHIB community, showing reflexivity and enthusiasm, only sealed it. RadioShack’s addition of a payment method based on a dog coin is an excellent move on the part of the company’s management, which apparently wants to emphasize the innovative nature of the network. It’s also a bullish sign for SHIB, in terms of adoption and recognition.

Meanwhile, the SHIB price chart

Shiba Inu has been reacting less vigorously to positive news lately. This is also hardly surprising, as we are clearly experiencing a bear market. For this reason, SHIB is consolidating and there are many indications that it is just preparing for a bigger move. For the moment, resistance is the region around $0.000012. Its possible breakthrough is a chance to attack the area around $0.000020.

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this article

More news

All articles loaded
No more articles to load

Learn

CBDC

The great reset and the CBDC

The World Economic Forum (WEF), which regularly takes place in Davos, Switzerland, for pandemic reasons, has taken the form of…
Proof of work and Proof of stake

Proof of Work and Proof of Stake

There are several methods available in blockchain for securing networks and verifying transactions. The two most popular are consensus algorithms…
public and private blockchains

Public and Private Blockchains

When analyzing the cryptocurrency market, we may come across terms related to blockchains. The two most popular types of them…
Satoshi Nakamoto

Who is Satoshi Nakamoto?

The world’s biggest cryptographic mystery remains unsolved to this day. It is speculated whether Satoshi Nakamoto is a single person…
What is bitcoin BTC

What is Bitcoin (BTC)?

Bitcoin (BTC) is the oldest and most recognized cryptocurrency in the world. Its origins date back to 2008 when its…
Is Bitcoin anonymous

Is Bitcoin anonymous?

Interested users are actively seeking answers to the question: is Bitcoin (BTC) anonymous? In this article, we will try to…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Latest news

All articles loaded
No more articles to load