Topic: KFC to accept Bitcoin! - page 9. (Read 1539 times)
Indeed, the company is indeed encountered on a train of publicity that is being cryptocurrency. However, unlike some firms that lay traders who see their stock prices soar after announcing some kind of tie-in with technology, the move does not look over the price Yum! Jenama, the parent company of KFC.
It is a good thing for us Bitcoin users/investors that businesses are starting to accept Bitcoin in their transactions. It will support Bitcoin's growth and will be a help for us investors.
This is a eye opener in the food and beverages industries that want to adapt the blockchain technology.
Hoping that the the transaction fees is cheaper than the your food you ordered.
Hoping that the the transaction fees is cheaper than the your food you ordered.
This is a good news for us seems like the fast food chains are starting to recognize the bitcoin,
And because of that the bitcoin would provably be more famous than it is now and there would be more investors who are going to be attracted.
And because of that the bitcoin would provably be more famous than it is now and there would be more investors who are going to be attracted.
I don't understand the point of all thses companies that try to force bitcoin as a payment, i would understand if apple or microsoft or sony or large companies that sell large products to start accepting bitcoin, but all these ones that just use micro transactions of a 10 dollars or less are just a way to say that the owners want to get bitcoin with any mean, you will be paying more mining fees than the KFC bucket that you will be buying, and lets be honost none that has bitcoin is actually going to buy food with it, paying 10$ in btc now could become 1000$ after a month.
This is not an area in which I would pay bitcoin. If that that essential, purchase of a car or payment of utilities, and fast food is not attractive.
It is really a great progress from bitcoin. But I will try not to use bitcoin for buying KFC. But it can be happen if there is no real money in my wallet at that time. It will be really help if the transaction more faster and easier.
https://finance.nine.com.au/2018/01/12/09/46/kfc-canada-allows-users-to-pay-for-chicken-with-bitcoin
This was a good idea for a fast food chain, they are able to adopt the changes on its environment. We're in the digital world and we are exposed to high technology, they become more accessible because of this strategy. I think many people will agree regarding this changes since bitcoin today is making noise to market.
the timing of this news is pretty strange in my opinion!
all this time that bitcoin was working fine they didn't adopt it and now that the fees are high they have started accepting bitcoin payments?
i mean i am all for spending my bitcoins and the merchant adoption, heck i have spent a lot of times online paying for stuff with bitcoin, but now that fees are ridiculously high i am not willing to spend my bitcoins. i moved to strictly trading only and cold storage hodling.
all this time that bitcoin was working fine they didn't adopt it and now that the fees are high they have started accepting bitcoin payments?
i mean i am all for spending my bitcoins and the merchant adoption, heck i have spent a lot of times online paying for stuff with bitcoin, but now that fees are ridiculously high i am not willing to spend my bitcoins. i moved to strictly trading only and cold storage hodling.
They should have accepted litecoin instead, this is also only in Canada. They likely did this so that their parent stock could soar, however it didnt.
Okay, i like KFC, but! Fees in bitcoin network today is so big. One cola with 20$ fee? Two burgers with 30$ fee? I don`t understand, markets should use altcoins with low fees and fast network
Well, if KFC would accept Bitcoin worldwide it would have a huge impact, but as long as this is only some KFC's in Canada I don't see that change much. However I don't think that many people will make use of this service as long as Bitcoin transactions are so slow and fees are that high. Maybe with lightning network released this can be an option, but before that, I don't think so.
Bitcoin is slow, therefor the unconfirmed transactions getting higher and higher and the fees and transfer times too, when this is unther the 30.000 then it is ok again.
wow, this is an advance for bitcoin in the future. KFC as the pioneer of one of the largest franchise companies in the world who receive bitcoin. Maybe this early bitcoin will really be the currency.
because today is his era of practical and instant, for us time is money, time wasted just because of waiting.
Just hope KFC will consider extending this service to its other branches located in all parts of the world other than KFC Canada
But am afraid that one thing that will kill this positive move is the fees otherwise this is great news!
But am afraid that one thing that will kill this positive move is the fees otherwise this is great news!
This is a great news in the cryptobusiness world.
How about the transaction how many minutes to confirmed it?
Hope they will a accept also some of altcoins. Nice
How about the transaction how many minutes to confirmed it?
Hope they will a accept also some of altcoins. Nice
That's KFC Canada, not worldwide. But I appreciate this step, Bitcoin is getting acceptance more and more with such steps. Well. I'm not gonna spend my Bitcoins there while I visit Canada next summer - I would pay them cash and save my Bitcoins
When I read that on Twitter I thought KFC Canada account get hacked and the hacker took the time to make some fancy image 
Turned out it was real. I don't even know using Bitcoin as a payment system in Canada is already legal, is it true?
Hope this is not just a one time gimmick from them, but rather a major step to cryptocurrency mainstream acceptance.
Bitcoin will become a means of payment in the future. but that's my idea of the bitcoin price fluctuations that are very sudden. Turned out it was real. I don't even know using Bitcoin as a payment system in Canada is already legal, is it true?Hope this is not just a one time gimmick from them, but rather a major step to cryptocurrency mainstream acceptance.
so the store's profits will be different every day regardless of their sales volume
I think after KFC there will be more units to follow, I am very happy to hear about this news.
Jump to: