Safeway Shoppers Can Now Get Bitcoin Back as Change at 894 US Stores

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Bitcoin (BTC) rewards shopping app Lolli has partnered with major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. Making Bitcoin ‘part of everyday life’According to a blog post announcing the new partnership on July 25, Safeway -- and Albertsons Companies’ subsidiary -- operates 894 locations across 17 American states. The system will reward customers in Satoshis (sats) — the name given to one hundred millionth of one Bitcoin — the smallest unit of the cryptocurrency.In an interview with Yahoo! Finance, Lolli CEO & co-founder Alex Adelman said that teaming up with “one of the most well-recognized food retailers in the United States [...] will give people the ability to get involved in holding and owning Bitcoin — perhaps for the first time.” He added that whereas the initial thought during Bitcoin’s early days had been that the cryptocurrency would first be used as a payments rail,…

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