KFC now accepts Bitcoin! - page 37. | Bitcointalksearch.org

flower1024

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Quote from: thenameisjay on January 19, 2018, 01:11:19 PM

Quote from: TimtheYoutuber on January 13, 2018, 12:33:04 PM

Check out my YouTube video where I dive more in depth : BREAKING NEWS KFC is now accepting Bitcoin, and Smart contracts might be legally binding!

Is this just a bucket of chicken, or a bucket of publicity stunts?

You will be able to buy a bucket of chicken in Select Canada KFC's. However you will have to order it online using Bitpay, and have it shipped to you.

Cost : Around $20 + $5 shipping + Taxes + Any other blockchain fees

What do you guys think about it?

Expensive. To be honest, it is more favorable to KFC because they gain bitcoins, which appreciates in value overtime, compared to fried chicken that actually depreciates overtime due to rotting or ingestion. So I think this a smart move for KFC and a bad move for BTC investors.

Correct what is the use to pay the bill in BTC. We already paying more tax on that blockchain fee is additional. But how the KFC will show there business profit and loss to governament? I think they will keep this secret and show only cash transaction.

MarkusIsaiah

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Good for your country but in my country kfc are not accepting bitcoin because bitcoin is illegal here in my country. Im sure the other fast food chain will also develop to accept bitcoin as a payment if many customers will patronize kfc because of bitcoin payment.

thenameisjay

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Quote from: TimtheYoutuber on January 13, 2018, 12:33:04 PM

Check out my YouTube video where I dive more in depth : BREAKING NEWS KFC is now accepting Bitcoin, and Smart contracts might be legally binding!

Is this just a bucket of chicken, or a bucket of publicity stunts?

You will be able to buy a bucket of chicken in Select Canada KFC's. However you will have to order it online using Bitpay, and have it shipped to you.

Cost : Around $20 + $5 shipping + Taxes + Any other blockchain fees

What do you guys think about it?

Expensive. To be honest, it is more favorable to KFC because they gain bitcoins, which appreciates in value overtime, compared to fried chicken that actually depreciates overtime due to rotting or ingestion. So I think this a smart move for KFC and a bad move for btc investors.

dongosquad

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It sounds good. But are you willing to use your bitcoin to buy fried chicken?
Well, this news will be great for the development of cryptocurrency, that means cryptocurrency is becoming more popular.

fukingnutz

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Interesting for sure. Likely marketing on KFC's part but good for them.

I like crypto pushing into the mainstream but the transaction fees and transfer times will make it an uphill battle.

drew314

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If the KFC is accepting bitcoins, I'm pretty sure the other companies will also accept bitcoins so they can compete and bitcoins will be spread and shopping will be more easier. Thats good for the bitcoin community

longminh123

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I think developed countries can implement the Bitcoin business model. In my country all KFC has not yet accepted Bitcoin payments and my government is trying to prevent people from using Bitcoin because people always think Bitcoin is not safe.

TimtheYoutuber

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www.positivebetting.com

Quote from: NorrisK on January 19, 2018, 02:22:25 AM

It is a good thing as it will legitimize bitcoin for a lot of people that are not involved in it at the moment.

"Hey, I can buy my food with bitcoin now, this must not be a ponzi after all.. Maybe I should look into buying a bit?"

But lots of places like overstock, Microsoft etc have been accepting it and that didnt cause a huge pump in people using it.

jerrysmith

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It is just beginning ....
Wait and watch so many companies will add Bitcoin in their system very soon.

mirawantirinjana

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does KFC around the world have received bitcoin or only KFC in which the state has received bitcoin?
my country has banned transactions using bitcoin but I do not know KFC in my country to receive bitcoin or not

Iamdavid

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That sounds great if KFC now accept Bitcoin, if more companies also embrace this act it will help grow the bitcoin community and make shopping even more easier.

NorrisK

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It is a good thing as it will legitimize bitcoin for a lot of people that are not involved in it at the moment.

"Hey, I can buy my food with bitcoin now, this must not be a ponzi after all.. Maybe I should look into buying a bit?"

chipzeru

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I think it would be better if KFC waiting for ICOs project like TenX, PundiX or Crypterium and their service to be available in Canada and partnering with them. Those project offers payment using cryptocurrency with real time conversion so the merchant will get fiat and no need to wait for long confirmation. Or at least waiting for Bitcoin's lightning network to be available. The other option is using cryptocurrency with instant transaction and zero fees like XRB maybe.

Seaze007

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Quote from: TimtheYoutuber on January 14, 2018, 01:50:19 PM

Do you guys think this is going to be huge for cryptocurrency or just a KFC marketing scheme?

We hope so. And we hope more that in near future not only KFC accept bitcoin for payment but also other company will accept bitcoin. Especially in school so everyone will not suffer to pay the tuition fee.

boynamnhi

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very funny. If you want to buy a cockroach but need a transaction fee of $ 20. unacceptable. I think KFC should find another coin in the restaurant sector. the community will be very crowded

panganib999

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Quote from: Ciscopro2000 on January 14, 2018, 02:01:37 PM

I think more and more you will see many companies and industries start to accept bitcoins and maybe other crypto currencies. It’s good for business and it shows they are forward thinking.

The initial concept of having Bitcoin is for primer investment. For me it is a good thing to have Bitcoin through transaction because it could definitely give an opportunity for big business to gain more profit for their investment and to establish faster and more relailbe way of transaction. This kind of concept is suitable for future that could definitely give a good effect on the industry.

Technicalfoul

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LOL the future begins with fried chicken

Ganerch

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It’s great that KFC now accept bitcoin and what country do they accept it? I don’t know if people will choose to use BTC for payment than fiat money because of the fees that will add on it. But it’s good that they accept bitcoin because it only proves that it is real and it will increase it’s popularity.

Marrying_Couch

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I think that's a good thing considering the technology is getting more advanced & growing rapidly

danggoron

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However I will not be willing to use my bitcoin to buy fried chicken. I'd better let it be my investment in the future. And I do not want to regret it.
Fiat is very effective for use as payment, and bitcoin is very effective for investment. That's the portion.

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