{"id":338929,"date":"2021-09-13T20:42:12","date_gmt":"2021-09-13T17:42:12","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wait-is-walmart-really-accepting-cryptocurrency-now\/"},"modified":"2021-09-13T20:42:12","modified_gmt":"2021-09-13T17:42:12","slug":"wait-is-walmart-really-accepting-cryptocurrency-now","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wait-is-walmart-really-accepting-cryptocurrency-now\/","title":{"rendered":"#Wait, Is Walmart Really Accepting Cryptocurrency Now?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a9aaed3f342b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a9aaed3f342b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/wait-is-walmart-really-accepting-cryptocurrency-now\/#How_Did_the_Internet_Get_Tricked\" >How Did the Internet Get Tricked?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/wait-is-walmart-really-accepting-cryptocurrency-now\/#How_Did_a_Litecoin_Hoax_Change_the_Price\" >How Did a Litecoin Hoax Change the Price?<\/a><\/li><\/ul><\/nav><\/div>\n<p><strong>&#8220;#Wait, Is Walmart Really Accepting Cryptocurrency Now?&#8221;<\/strong><\/p>\n<div>\n<figure style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"type:primaryImage size-full wp-image-754691\" srcset=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/09\/lightcoin-physical-coin.jpg?width=398&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 400w, https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/09\/lightcoin-physical-coin.jpg?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 1200w\" sizes=\"auto, 400w, 1200w\" src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/09\/lightcoin-physical-coin.jpg?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"\" width=\"1200\" height=\"675\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><figcaption class=\"wp-caption-text\"><span class=\"type:primaryImage imagecredit\">Quatrox Production\/Shutterstock.com<\/span><\/figcaption><\/figure>\n<p>No, Walmart isn\u2019t accepting cryptocurrency. It\u2019s incredible how much of a difference a hoax can make. A fabrication about Walmart accepting Litecoin caused the currency\u2019s price to jump by a whopping 20% despite no reliable verification that it was h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ening.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"How_Did_the_Internet_Get_Tricked\"><\/span>How Did the Internet Get Tricked?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fake <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2021\/09\/13\/2295879\/0\/en\/Walmart-Announces-Major-Partnership-With-Litecoin-LTC.html\">press release<\/a> started making the rounds claiming that Walmart would begin accepting the currency as a form of payment. Several publications reported the press release as fact, and it was even posted (and deleted) by the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/litecoin\">official Litecoin Twitter account<\/a>.<\/p>\n<p>Because the coin would suddenly be far more useful if a major retailer like Walmart accepted it, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reviewgeek.com\/3603\/best-bitcoin-and-cryptocurrency-price-tracking-apps\/\">price jumped<\/a> by an impressive 20%. Unfortunately, the rumor was quickly debunked, leaving many people owning Litecoi\u00a0at its previous value, as the price fell quickly once word made the round that it wasn\u2019t legitimate.<\/p>\n<p>It was easy enough to figure out that Walmart wasn\u2019t going to take Litecoin. First, the website linked to in the press release didn\u2019t work. Additionally, Walmart didn\u2019t file with the Securities and Exchange Commission, which it would do as a publicly traded company. Finally, Walmart never posted its own release, something it would have certainly done if it started taking a new form of payment.<\/p>\n<p>Eventually, Walmart confirmed to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2021\/09\/13\/walmart-to-accept-payments-with-cryptocurrencies-using-litecoin.html\">CNBC<\/a> that the press release was fake, which was pretty obvious based on the previously mentioned evidence.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"How_Did_a_Litecoin_Hoax_Change_the_Price\"><\/span>How Did a Litecoin Hoax Change the Price?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A hoax like this can make a massive difference in the price of Litecoin because there\u2019s no regulation on cryptocurrency.<\/p>\n<p>Whether that\u2019s good or bad is up for debate, but it is the wild west out there in terms of crypto, and a fake press release like this can easily alter the price without anyone being able to intervene.<\/p>\n<p><strong>RELATED:<\/strong> <strong><em>What Is Cryptocurrency?<\/em><\/strong><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><script>\n setTimeout(function(){\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s) } (window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n   fbq('init', '335401813750447');\n   fbq('track', 'PageView');\n  },3000);\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.howtogeek.com\/754689\/hoax-no-walmart-isnt-going-to-accept-litecoin\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Wait, Is Walmart Really Accepting Cryptocurrency Now?&#8221; Quatrox Production\/Shutterstock.com No, Walmart isn\u2019t accepting cryptocurrency. It\u2019s incredible how much of a difference a hoax can make. A fabrication about Walmart accepting Litecoin caused the currency\u2019s price to jump by a whopping 20% despite no reliable verification that it was happening. How Did the Internet Get Tricked?&#8230;<\/p>\n","protected":false},"author":1,"featured_media":338930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/09\/lightcoin-physical-coin.jpg?height=200p&trim=2,2,2,2","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-338929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/338929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=338929"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/338929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/338930"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=338929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=338929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=338929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}