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Topic: KFC now accepts Bitcoin! - page 42. (Read 3403 times)

member
Activity: 210
Merit: 26
High fees = low BTC price
January 14, 2018, 08:15:51 PM
#11
Bitcoin is healthy eating you see because you can place an order if you can afford the crazy $25 transaction fees
to the miners and then wait and wait for the transaction to clear.

Has anyone staved to death yet waiting for a transaction to complete  Grin
newbie
Activity: 8
Merit: 0
January 14, 2018, 08:08:30 PM
#10
I honestly think it goes both ways.

It'll cause more people to be interested in bitcoin since it's now showing to be a viable currency to use in everyday situations, like buying food, and if KFC deems it a successful strategy to accept it, it may open up more companies to jump on board to accepting btc. Which in the long run helps the holder of the crypto (most likely a majority of the people on this board).

However, on the other hand, it could simply be a gimmick which can be a possibility.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
January 14, 2018, 08:00:20 PM
#9
KFC accepting Bitcoin is massive news as this will also increase the demand of Bitcoin and also widening the acceptance base. This piece of news is cheering to the bitcoin community.

Why do you think it will increase the demand of bitcoin? It is only regional, and not an effective way to purchase the actual food. Check out my video in the OP for more information.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
January 14, 2018, 04:55:26 PM
#8
this will also increase the demand of Bitcoin and also widening the acceptance base.
I suspect it won't do either of those things.

You think with the network being what it is, people are going to run out and buy bitcoin just so they can spend it (with a fee) at KFC?  I don't think so.  It's much easier to spend fiat, which people already have, than to go out of their way to buy bitcoin--just to spend that.  That's lunacy. 

My opinion is that bitcoin is never going to get used for mundane things like fried chicken unless the USD collapses.  In other words, probably not in my lifetime.  Yes, this is a gimmick.  That's all it is.
hero member
Activity: 1442
Merit: 629
Vires in Numeris
January 14, 2018, 04:44:13 PM
#7
Do you guys think this is going to be huge for cryptocurrency or just a KFC marketing scheme?
This news is not really new, there were some topics about it in the forum this week already, where we already discussed the opinions...
It's a nice marketing trick from KFC, just to make sure that they can reach another market, where the people are tech oriented and has a nice bucket of coins to spend them on chicken...
Anyway, there were news about McDonald's and other big chains on the same topic, so there's nothing new...
full member
Activity: 476
Merit: 100
January 14, 2018, 02:14:27 PM
#6
KFC accepting Bitcoin is massive news as this will also increase the demand of Bitcoin and also widening the acceptance base. This piece of news is cheering to the bitcoin community.
legendary
Activity: 1218
Merit: 1007
January 14, 2018, 02:08:11 PM
#5
Do you guys think this is going to be huge for cryptocurrency or just a KFC marketing scheme?
This is almost definitely a marketing scheme, but what isn't these days? I mean there isn't anything that isn't ethical about this, if they want to try and popularize their consumer demographics with a larger variety of payment options and patrons, there should be no issue with it. They're also using Bitcoin, and talking about it in a good light, that's more than most people could ask for in these scenarios. Being able to order chicken, even if it isn't the best or delivered in the most spectacular way, it does engage people with something new and beneficial to the Bitcoin community in these circumstances.

It won't be huge for cryptos because the current demographics of KFC will likely not also use Bitcoin, but you never know what may change.
member
Activity: 494
Merit: 10
January 14, 2018, 02:01:37 PM
#4
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. 
hero member
Activity: 1134
Merit: 502
January 14, 2018, 01:57:56 PM
#3
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?


This is good with lazy and rich people, i still prefer to use our country currency in buying foods so that it will not be late. But KFC accepting Bitcoin as one of their payment method is a good news  and it can become a test run for some food chains before deciding to accept Bitcoin like KFC.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
January 14, 2018, 01:50:19 PM
#2
Do you guys think this is going to be huge for cryptocurrency or just a KFC marketing scheme?
full member
Activity: 1708
Merit: 125
www.positivebetting.com
January 13, 2018, 12:33:04 PM
#1
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?
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