Topic: McDonalds to accept Bitcoin by 2018 - page 12. (Read 8427 times)
This will be the best news one can get if it were to become true,but if we think practically who would like to pay in Bitcoin in consideration to present transaction fees.The irony is that if you pay via bitcoins you will have to pay more transaction fee than the meal.
Yes that woul make sense. Since cryptocurrency is now in demand there are some countries didn't authorize cryptocurrency legal. But there are some country like UK legally accepted to their country and McDonald's is the first fast food chain accepting cryptocurrency.
That doesn't make any sense.
I don't want to wait for my meal in Mac. Till my transaction is gonna to be approved
I don't want to wait for my meal in Mac. Till my transaction is gonna to be approved
It depends on fees that are charged every food you can buy than the fee it needs when you convert it into a fiat money, i think its more expensive when you straight buy it with a bitcoin than usual money. But im amazed on how they appreciate bitcoin now as it is accepted in many country and companies. Im glad to eat at McDonalds cashless if it would happen.
Wow that's a really good news. If it really happen, I guess the others company will follow McDonalds and it will so good for bitcoiners. We can use bitcoin for the real life. It's a good life gonna be real!
Its a good development that many stores are now accepting bitcoin as payment, but there are issues that need to be addressed before it will actually be successful. That problem is Very high transaction fees, if we are going to buy a burger using btc vs paper money, it will cost much more using btc. But I’m positive that this problem will be resolve in the near future.
Its good to buy mcdonalds meal using crypto coins but transaction fee will hurt the buyer lol. Example im going to buy spaghetti, chicken and large drinks worth only 10$ and the transaction fee is more than your payment. Maybe someday if transaction fees goes back to normal with low rate and faster confirmation
Sure, I will buy a Big Mac and I will pay a $30 fee 
At the moment its impossible to buy something cheap with bitcoin
But it will be huge for bitcoin if McDonalds started to accept it
At the moment its impossible to buy something cheap with bitcoin
But it will be huge for bitcoin if McDonalds started to accept it
Does that even make sense with the current transaction times and fees? You are going to pay more for the fees than for your meal. Unless the fees go down drastically, it makes no sense to use bitcoin as a daily payment method.
I think it can make sense but as you say whether the price paid is appropriate for the price of the food that the buyer is. while bitcoin prices are unstable. I personally still need enlightenment to use bitcoin to pay for food. But whatever the outcome if positive we should support the trip because it is a revolution and progress for bitcoin in this country. Does that even make sense with the current transaction times and fees? You are going to pay more for the fees than for your meal. Unless the fees go down drastically, it makes no sense to use bitcoin as a daily payment method.
I am also thinking of these when I read the 'news'? It is not possible to use BTC for this little amount of p unless the transaction time can make with in a sec. and the fee is as low as some cents. Otherwise BCH or IOTA seems much more suitable for daily basis.
That's very nice to hear. A fast food chain that is leading worldwide and I don't think there's a person who doesn't know McDonalds so thanks to them because adoption becomes less difficult.
Well I think its a bad idea to use bitcoin as a payment to anything. Bitcoin's transaction fee is too high right now that even Steam stopped supporting bitcoin as payment because of its very high transaction fee. In my opinion, the best way to pay something is using the fiat system.
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I have looked everywhere on Google and other search engines. I cant find anything on this anywhere except for the link that op posted. Now dont get me wrong i would love to see bitcoin accepted by McDonald's or any other long established businesses. Now something will need to be done about transaction fees because there is no way i am ordering a $1 sprite and have to pay $5 in transaction fees lol.
If true this is quite a radical step for big retailers and likely others will have to follow suit. However, I have a feeling like it is fake news you can't believe everything you read on the internet these days.
Anything could happen, Anyway nothing focuses to that situation happening. With respect to the lightning Network, it will be About complete as stated by developers. Thus you Accept those unrealistic Similarly as likely Furthermore expect that LN won't a chance to be took off soon, The point when All that focuses to it constantly took off quickly. In the secret word i thought this might have been could be allowed. Also for course, such as each different individual shoudl have purchased additional. Yet for those secondary transaction fees and the relativly moderate organize this hopefully wont happen.
We need lightning network or side chains or some other payments solution built on bitcoin in order for it to be used to make payments like this.
No one is going to pay for a Happy Meal with bitcoin having to pay more in fees than for the Happy Meal, also confirmation time alone makes it impossible to be used as a reliable in-store payment system.
The lightning network was already tested and the results were satisfactory so we may get it activated in the next year and when that happens we will be able to use our bitcoin anywhere we want with cheap fees, now the only thing we need to do is to wait. No one is going to pay for a Happy Meal with bitcoin having to pay more in fees than for the Happy Meal, also confirmation time alone makes it impossible to be used as a reliable in-store payment system.
Well, in 2018 we would see more and more financial institutions retail shops start accepting bitcoin.
That is not a good thing. Bitcoin is meant to be kept in a wallet for a while instead of just being spent. Lolwtf are you talking about? Bitcoin isn't meant to do any one thing with it and people can do whatever they want with it. If you want to spend it then spend it. If you want to save it then save it, but it's silly and wrong to say that spending bitcoin is 'not a good thing". If people didn't spend their bitcoins at all then there would be none being transacted. There needs to be supply and demand and people both spending and saving for bitcoin to work and be seen as both an investment and a currency, which it is.
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I know that we are aware that the McDonalds is the most successful restaurant in the world. It is good to hear the McDonalds will accept bitcoin in 2018. I believe that many more people will buy bitcoins.
That article doesn’t quote any source, it’s just based on Betway accepting bets on it. I’m not into those kinds of bets but if I had to bet I would do it against it for sure. If Lightning Network or some sort of solution is not implemented it is virtually impossible they are going to accept bitcoin payments because when you go to McDonalds and you pay cash or with a card the payment is instant, and you don’t pay any fees whereas to have a very fast payment with bitcoin you would need to pay an insane fee.
I know that we are aware that the McDonalds is the most successful restaurant in the world. It is good to hear the McDonalds will accept bitcoin in 2018. I believe that many more people will buy bitcoins.
As it all does not look truthful. But it seems to me that if this situation happens, then we must go to McDonald's. Although I do not like fast food at all. This idea of paying for food bitcoin seems stupid to me.
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