Core Insights - The trend of U.S. retailers accepting cryptocurrency as payment is growing, with a process that involves converting cryptocurrencies into cash first [1][3] - Major retailers like Walmart and Starbucks are integrating cryptocurrency payment options through mobile apps, although no retailer currently accepts direct cryptocurrency payments [2][3] Retail Adoption of Cryptocurrency - Walmart allows customers to sell their bitcoin or ethereum through the Walmart OnePay app before making purchases [1] - Starbucks has been accepting bitcoin and ethereum since 2021 via the SPEDN app, indicating a shift towards integrating crypto in retail [2] Consumer Benefits - The ability to convert crypto holdings into cash provides significant advantages for consumers, especially those who may not have access to traditional banking [3][4] - This development could potentially change the landscape of digital finance for both consumers and investors [3] Financial Considerations - Selling cryptocurrency to cover expenses may lead to regrets if the value of bitcoin appreciates in the future, as it is viewed as a hedge against fiat currency depreciation [5] - Tax implications are significant, as the IRS treats digital assets as property, requiring reporting of capital gains or losses for transactions [6] Transaction Risks - If a consumer sells bitcoin for a purchase and later returns the item, they may receive cash that reflects a loss compared to their initial investment [7]