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Picture this: You walk into a coffee shop, order a latte, and pay with your phone. To you, it feels like checking out with Venmo. And to the cashier, its business as usual. But behind the scenes, something different is happening: You just paid with crypto. This isnt science fictionits already happening. From Starbucks to Walmart, retailers are rolling out crypto acceptance, and consumers are responding. Surveys show 39% of U.S. crypto holders have shopped with crypto (with 9% doing so daily), while 23% of non-holders say theyd use crypto if they could shop with it. Thats millions of shoppers who want the choice to pay with digital assets, but dont realize that they already can. A smarter way to pay retailers For merchants, crypto isnt just another payment buttonits a way to improve the bottom line. Traditional payment rails come with added fees and delays that can get in the way. But now, crypto processors help convert crypto to fiat currencygovernment-issued currency that is not backed by a physical asset like the U.S. dollar, gold, or silverso merchants can accept crypto at checkout seamlessly. Hows that possible? Its actually quite simple. These processors generate a wallet address for customers to pay (think of it as a crypto account number), then process the transaction, verify it on a blockchain, and automatically convert the crypto to the merchant’s preferred government-backed currency (like the dollar), depositing it directly into the retailers bank account. Conversion is handled immediately, and usually settled automatically at locked-in rates, avoiding any risk of the tokens price fluctuation. And then there are stablecoinsa specific type of digital currency pegged to another asset like the dollar and designed to hold steady valuewhich retailers are also embracing as a way to accept crypto at checkout without having to navigate potential price swings. To sum it up: Often with fewer fees than card networks and instant (or near-instant) settlement, crypto payments can improve cash flow and offer retailers global reach with fewer currency exchange headaches, and money in the bankwithout waiting days for funds to clear. That means less money paid to intermediaries and more money in the sellers pockets. The hidden customer segment Accepting crypto also allows retailers to appeal to a growing, eager customer base. Surveys show that more than 55 million Americans hold crypto today, and theyre looking for practical ways to use it. Offering crypto at checkout signals that your business is forward-thinking and inclusiveand can draw in innovative shoppers who actively seek out merchants who accept digital assets. Big names are leading the charge. Starbucks, Whole Foods, and Chipotle accept crypto through payment processors like Flexa and Spedn. Sheetz enabled Bitcoin and Ethereum across its 750+ convenience stores, even layering payments into its loyalty program. Walmart piloted Bitcoin payments in 50 stores, using the same terminals as Apple Pay. Even PayPal now allows merchants to accept 100+ cryptocurrencies, converting them into dollars on the spot. Everyday value for shoppers For consumers, crypto payments bring tangible benefits that go beyond novelty. The added speed and savings that merchants gain can translate into special discounts and perks for customers, as crypto processors and retailers are experimenting with promotions and loyalty programs that turn everyday purchases into opportunities to earn extra value. In August, Sheetz offered a 50% discount on in-person crypto purchases during peak hours; Starbucks and Shake Shack have piloted Bitcoin rewards and NFT-based loyalty programs; Nike and Sephora have integrated crypto rewards into purchases. With crypto, checkout becomes more than a transactionits a chance to unlock extra benefits. And the checkout experience feels no different. Apps like BitPay, MoonPay, and PayPal work behind the scenes so the experience of paying with crypto feels the same as tapping your phone or swiping a card. From experiment to expectation The story of retail payments is one of constant evolution: checks gave way to plastic, plastic gave way to contactless, and now crypto is quietly stepping into the mix. What once felt novel is becoming normal. For merchants, crypto is a chance to reduce costs, attract new customers, and build loyalty in ways that traditional payment methods cant. For consumers, its a way to shop faster, smarter, and with more rewards. The question isnt if crypto will become part of mainstream retail, its when. And for forward-thinking merchants, the answer is now. Stuart Alderoty is president of the National Cryptocurrency Association.
Category:
E-Commerce
I keep seeing articles and conferences about humanizing AI in one way or another. And while I get the sentiment, I think theyre taking the wrong approach. Theres no point in making technologies more human. Being human is our job. If anything, AI is less an opportunity to humanize technology, than to rehumanize ourselves. Lets start at the beginning. AI is just the latest, perhaps greatest advancement yet in what OG computer scientist Norbert Wiener dubbed cybernetic technologies. Unlike traditional technologies, cybernetic ones take feedback from the world in order to determine their functions. They work less like a machine you turn on than a home heaters thermostat, which turns itself off when the heat has reached a certain level. This, in turn, allows the room to cool. Then the thermostat snaps on again, using feedback from the environment to keep the room within a chosen temperature range. Of course, the other kind of feedback we all know about is that loud screech you get when you point a microphone too close to its speaker. The microphone is hearing its own sound, then feeding it back to the speaker, then hearing that sound, and feeding it back to the speaker again. Each feedback loop adds more sound until it screeches out of control. {"blockType":"mv-promo-block","data":{"imageDesktopUrl":"https:\/\/images.fastcompany.com\/image\/upload\/f_webp,q_auto,c_fit\/wp-cms-2\/2025\/10\/adus-labs-16x9-1.png","imageMobileUrl":"https:\/\/images.fastcompany.com\/image\/upload\/f_webp,q_auto,c_fit\/wp-cms-2\/2025\/10\/anduslabs.png","eyebrow":"","headline":"Get more insights from Douglas Rushkoff and Andus Labs.","dek":"Keep up to date on the latest trends on how AI is reshaping culture and business, through the critical lens of human agency.","subhed":"","description":"","ctaText":"Learn More","ctaUrl":"https:\/\/www.anduslabs.com\/perspectives","theme":{"bg":"#1a064b","text":"#ffffff","eyebrow":"#9aa2aa","subhed":"#ffffff","buttonBg":"#ffffff","buttonHoverBg":"#3b3f46","buttonText":"#000000"},"imageDesktopId":91420531,"imageMobileId":91420530,"shareable":false,"slug":""}} People engaging with AI prompts are vulnerable to those very same positive feedback loops. You come up with an idea, pose it to your favorite chat, and the more supposedly human the AI, the more it tries to find a way to give you positive feedback. That sounds like a great idea for a new business, Douglas. Im intrigued! Shall I develop a proposal with possible action points? Passive spectators Round and around we go, the initial tiny utterance of a prompt getting cycled again and again, our human nervous system stimulated and reinforced by the positive feedback. Sure, we may contribute a bit to the process, but for the most part we are passive spectators of the phenomenon, marveling at how much history, logic, and speculation the AI can bring to bear. It can even create a slide presentation or video or simulated prototype of the idea suitable for presentation to others! Go to any business conference these days, and youll run into more than one entrepreneur who is high on their own supply, sharing videos of their AIs crazy visions. Lord help the folks they convince to invest. As I see it, the reason they fall prey to such positive feedback loops is that they are too ready and willing to pull themselves from the equation. The AI seems so authoritative, and so human, that surely its aware of what it is doing. It wouldnt be so on board with your ideas if it didnt have some sense that it would work, right? Your agents are not your friends Wrong. Dont accept the positive reinforcement. The AI isnt on board with the idea so much as committed to pleasing you, in the moment, like a person if its been trained that way. But its not a human, not even close, and doesnt hold a conception of the thing you are working on. No, you, the human partner in this feedback loop, are the only one who stands a chance of conceiving or contextualizing whatever it is youre working on. Your agents, like your children, are not your friends. That doesnt mean you shouldnt care for them. Quite the contrary, it means you have to be the one to intervene on everyones behalf. You are the conscious actor in the system. The way to prevent such positive feedback loops in our interactions with technology is to assume the role of the human. Dont get out of the AIs way in the name of efficiency or output. Its cool to see all that stuff coming out, but if youre not intervening in the processactively getting in the wayyoure not going to get anywhere at all. Follow your instincts Counterintuitively, perhaps, the way to do that is to become less mechanical, less results-oriented, less utilitarian, and more feeling, more process-oriented, and even less obviously useful. Yeah, slow things down. Nurture your intuition. Lean into your own experience, expertise, and sensibilities. Reconnect with your instincts. Pause and breathe. How does that make me feel? For while cybernetic machines can iterate, only living beings can respirate. Instead of cycling through data, human beings can metabolize through our bodies. We can test ideas with our gut. Something doesnt pass the smell test. A proposal feels off. This strange moment in the digital age may just be an opportunity to reclaim the uniqueness of being living, breathing, metabolizing creatures in an otherwise digital, unconscious, contextless landscape. Making AIs seem more human is not doing us any favors, especially when it tempts us to relinquish our roles as the living, breathing adults in the room. {"blockType":"mv-promo-block","data":{"imageDesktopUrl":"https:\/\/images.fastcompany.com\/image\/upload\/f_webp,q_auto,c_fit\/wp-cms-2\/2025\/10\/adus-labs-16x9-1.png","imageMobileUrl":"https:\/\/images.fastcompany.com\/image\/upload\/f_webp,q_auto,c_fit\/wp-cms-2\/2025\/10\/anduslabs.png","eyebrow":"","headline":"Get more insights from Douglas Rushkoff and Andus Labs.","dek":"Keep up to date on the latest trends on how AI is reshaping culture and business, through the critical lens of human agency.","subhed":"","description":"","ctaText":"Learn More","ctaUrl":"https:\/\/www.anduslabs.com\/perspectives","theme":{"bg":"#1a064b","text":"#ffffff","eyebrow":"#9aa2aa","subhed":"#ffffff","buttonBg":"#ffffff","buttonHoverBg":"#3b3f46","buttonText":"#000000"},"imageDesktopId":91420531,"imageMobileId":91420530,"shareable":false,"slug":""}}
Category:
E-Commerce
The health care industry, like many others, has traditionally relied on tried-and-true conventional, one-way marketing tactics. However, that strategy is no longer enough to break through to consumers. More than 81% of consumers tune out generic ads and crave more engaged and personalized content, signaling that marketers need to adapt and stop ineffective communication that tries to pull consumers to them. Instead, we must go to our customers, meeting them precisely where their attention already lives. We know a great story has the power to transcend demographics, evoke emotion, and build lasting connections. Ultimately, brands are collections of human beings, and people connect with people. By humanizing our brands and telling compelling stories about the individuals who compose them, we unlock a profound ability to resonate and connect with our audience on an emotional level. However, where we share stories have changed: Weve seen the audience shift aggressively to at-home streaming and social media. Understand your customers media habits More consumers get their news from non-traditional news sources and streaming viewership has eclipsed traditional broadcast media. We are living through the atomization of content consumption. Knowing how people watch is only half the battle. Each platformTikTok, Instagram, YouTube, Netflix and othersis a distinct ecosystem. Savvy marketers understand customers unique consumption habits and user behaviors, then tailor their content and approach accordingly. Too often brands hesitate, thinking they may be too small, not unique, or they question their own perspective. But everyone has a story, and every brand has an opportunity to fuel a human emotion. Look at health care. We fuel your lives, your loves, your passions, and your careers. Consider entertainment marketing Last year we launched Northwell Studios to create impactful content that’s both entertaining and purpose driven. Our work, featured on platforms like Hulu and Netflix, has garnered billions of views. But more importantly, its humanizing complex issues, pulling back the curtain on health care, and sparking crucial dialogues around often taboo topics like gun violence and mental health. For example, our 2024 HBO Max docuseries, One South: Portrait of a Psych Unit, drove community support, awareness, and donations that enabled us to open a second mental health unit. That’s the ROI every marketer dreams of. Entertainment marketing, when rooted in purpose, can be a powerful force for good, fostering positive cultural change while building brand affinity. Its not just about reaching viewers; it’s about making a difference. Five factors to weigh before trying entertainment marketing For brands ready to embrace the power of entertainment marketing, here are five factors to consider. 1. Authenticity: Before venturing into entertainment, identify the core values and stories that define your brand. If you have a product that is authentic, resonates with people, and provides value, then you have a platform to build a brand around that. Your entertainment content should be a natural extension of your brand’s identity, not forced. 2. Partnerships: Collaborating with experienced filmmakers, producers, or content creators is essential. They bring creative expertise and industry knowledge that can elevate your content and expand its reach. Seek partners who share your vision and commitment to quality storytelling. 3. Context: Entertainment marketing is not about just putting your product in a movie. It’s about crafting narratives that resonate with your target audience and subtly integrate your brand’s message. 4. Engage to change: Allow your audience to be part of the storytelling and the brand story. That means not just pushing content out, but allowing them to create content, engage with your brand, and share their passions, and their love for your brand. 5. Measure and adapt: Like any smart marketing campaign, be sure to track viewership, engagement, social media activity, and any other relevant impact on brand awareness and business outcomes that are important to you. Data-driven insights will help refine your strategy and optimize your return on investment. Final thoughts You must be fearless and bold. And you must be willing to fail and learn from those failures. The marketing landscape is transforming. Consumers are demanding authentic connections and engaging experiences. By embracing the power of entertainment, brands can break through the noise, build meaningful relationships, and achieve lasting impact. It’s time to move beyond traditional methods and embrace the power of the story. Ramon Soto is senior vice president and chief marketing and communications officer at Northwell Health.
Category:
E-Commerce
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