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Topic: McDonalds to accept Bitcoin by 2018 - page 34. (Read 8444 times)

full member
Activity: 812
Merit: 101
December 01, 2017, 05:15:44 PM
it's very good, and more simple. but is it mcdonald in all countries? or just in part? because in my country mcdonald has not received bitcoin as a payment transaction tool. because my country still has not legalized bitcoin.
hero member
Activity: 882
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
December 01, 2017, 05:09:40 PM

I know that bitcoin born as cryptocurrency that can change cash as payment method online or offline. Recently bitcoin mostly being used for investment program so if we use bitcoin as daily payment i think its not good while we pay more in fee.
Is it really going to be used by McDonalds? If they are then the possibility of Bitcoin expanding is huge.
full member
Activity: 143
Merit: 107
December 01, 2017, 05:08:06 PM
This will be very good for bitcoin. McDonalds is a very popular fast food restuarant. Other people will get to know bitcoins because nearly everyone in the world knows about McDonalds.

One thing is bad about paying with bitcoins because sometimes the fees are really high. You better watch out if you are paying with bitcoins to order your food.
full member
Activity: 490
Merit: 107
December 01, 2017, 05:07:14 PM
it looks good using payment with bitcoin. but for me to spend bitcoon for meal payment it is very loss. you better save for long-term investment. maybe it will be more profitable. maybe the method of payment with bitcoin will be very confusing because bitcoin value will keep changing change. because the price of bitcoin fluctuates
full member
Activity: 196
Merit: 100
December 01, 2017, 05:02:15 PM

I know that bitcoin born as cryptocurrency that can change cash as payment method online or offline. Recently bitcoin mostly being used for investment program so if we use bitcoin as daily payment i think its not good while we pay more in fee.
member
Activity: 99
Merit: 12
December 01, 2017, 05:01:00 PM
Very good news in my opinion if  this comes to fruition unlike the amazon rumors a few months ago. I think this will encourage people to learn more about Bitcoin and actually use their Bitcoin instead of hoarding it and not using it as a currency.
sr. member
Activity: 568
Merit: 250
December 01, 2017, 04:58:00 PM
#99
I'm not sure if that's gonna be true for the moment. Transactions fees would be very high. It would even cost you the whole order. Maybe they are gonna implement bitcoin for huge orders. But still the price would be high enough.



Well, that could be a good news for everybody. McDonalds is an international fast food chain and opens to other merchants to be part of a digital currency services in order to developed more easy and fast transactions indealing with the customer.
legendary
Activity: 1134
Merit: 1000
Soon, I have to go away.
December 01, 2017, 04:57:39 PM
#98

Why would you want to eat that shite, never mind wasting bitcoin on it.
For health reasons if you care enough about yourself, really disgusting food.
sr. member
Activity: 406
Merit: 250
December 01, 2017, 04:55:35 PM
#97
I'm not sure if that's gonna be true for the moment. Transactions fees would be very high. It would even cost you the whole order. Maybe they are gonna implement bitcoin for huge orders. But still the price would be high enough.
member
Activity: 224
Merit: 11
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December 01, 2017, 04:55:10 PM
#96
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.

It doesn't! They should've created the MC coin or something of their own. Using Bitcoin is a bit oldish. I am ok with buying Bitcoin to store value, but for milions of transactions MC has daily, Bitcoin isn't, just isn't the option.
member
Activity: 196
Merit: 10
December 01, 2017, 04:52:30 PM
#95
Everyone understands that he will pay dearly, but is good marketing action.
For Mcdonalds and for all crypto-world.

full member
Activity: 1092
Merit: 117
December 01, 2017, 04:52:17 PM
#94
I dont think that is going to happen very soon because bitcoin has a lot of issues that make him impossible to be accepted as a payment method in such business.

Think if you want to buy a burger that costs 3$. You would pay the full price + the fee from McDonald's (5-10%)+ the fee for transaction(2-3$). At the end you would have to pay at least 5$ for a product that costs 3$ normally.

Another problem is that blockhain or others big wallets didn't have their own card wich allows you to pay directly from your wallet to a merchant through contactless, because this is the actual technology.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
December 01, 2017, 04:49:01 PM
#93
Great goodnews I read,this will also lead to a rise in the price of BTC.
full member
Activity: 673
Merit: 112
umachit.fund
December 01, 2017, 04:45:49 PM
#92
this is good news for fans of fast food, but as it is implemented, this is a big load on the network bitcoin, perhaps through other crypto-currencies, it is possible
legendary
Activity: 1232
Merit: 1080
December 01, 2017, 04:33:10 PM
#91
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 don't think it does a normal meal costs at most $10 you would be paying half of that in fees which would mean it's much cheaper and wiser to pay in fiat currency rather than Bitcoin. Bitcoin isn't a micro transaction currency and never will be.
hero member
Activity: 1008
Merit: 510
December 01, 2017, 04:31:58 PM
#90
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 don’t get it either. If a business wants to accept Bitcoins as payment, it would only make sense it they had more expensive products. There aren’t many people that are going to use Bitcoins for fast food.

McDonald’s would be better off accepting an altcoin that had lower fees or IOTA which has no fees. However, it is good publicity for Bitcoin.
full member
Activity: 244
Merit: 100
December 01, 2017, 04:23:29 PM
#89
Well, we may wait till more companies acepted new methods pay but using BTC for that with the fees that you have to make doesnt have logic.
full member
Activity: 434
Merit: 105
December 01, 2017, 04:21:55 PM
#88
That is good. maybe i can order some food with 0.000xx btc i have.
it would be great if it happened, because I am sure, many companies will follow this if it really develops. moreover this is free advertising.

McDonalds is one of the famous fast-food chain in the whole world. Infact, having different branches internationally that makes them more popular with there tremendous and delicious menus throughout the whole world. It's a big Wow, If it may happened since many people want a trasaction through bitcoin that makes them easier and comfortable and for sure many business establishments that will follow. Well, as I observed here in my country I didn't yet see any department stores or fast-food accepted bitcoin but nobody knows everything is still in process and I believed someday there will some stores that will accepting bitcoin as there way of paying transaction.
member
Activity: 182
Merit: 14
December 01, 2017, 04:19:42 PM
#87
That is good news but I doubt they are true. Amazon will surely accept Bitcoin but Macdonald's won't for a long time. Macdonald has huge profit marge on a daily business and thousands of the people pay for the meals and great hamburgers every day, every second. Fee for sending a transaction would make Bitcoin look bad and also Macdonalds cause it isn't predicted to do daily transactions every second on low price meals.
sr. member
Activity: 280
Merit: 250
December 01, 2017, 04:14:25 PM
#86
This would only have a positive impact of Bitcoin and it's acceptance and it makes sense as Bitcoin is now worth more than mc donalds itself in net worth. I'm not sure if I will be spending my bitcoin on mc donalds due to the transaction fees that come with small transactions but its a positive movement.
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