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Topic: [Russia] Burger King to accept Bitcoin this summer! - page 7. (Read 5853 times)

full member
Activity: 280
Merit: 100
A good marketing step. The use of the fashionable bitcoin theme to attract the attention of the media to their restaurant - it's smart and reasonable. Gradually bitcoin will become our daily reality.
legendary
Activity: 1274
Merit: 1004
its actually a very good news even for those who are not in Russia because other shops and restaurants can inspired by this as because everyone tries to beat their competitors and some even tries to copy the strategies of their competitors. it will be soon available around he world as I know many regions around the world do not even have pizza shop. I proud to be a bitcoiner
legendary
Activity: 2870
Merit: 7490
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It's great to see another places, especially fast food restaurant to accept bitcoin. But, i doubt how bitcoiner will react about how much fees they should spend when make transaction in BK since they could spend extra 5%-50% only to pay fees, what will the payment system when user make bitcoin transaction with low fees and will they use zero confirmation since it's fast food restaurant even for transaction with low fees Huh
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Source: https://cointelegraph.com/news/burger-king-to-accept-bitcoin-in-russia-this-summer

So yeah, hopefully McDonald, Dominos pizza, and many others will follow after this. I thought that this kind of decisions are taken by the creators of the franchise but It looks like It's not since It's starting on Russia.

Lol Grin everytime that I am seeing a thread or news like this that a certain restaurant, fast food whatsover is starting to accept bitcoin I always feel jealous of the bitcoin user or people from a certain country and because most of the countries that has this adoption are from the western part of the globe . Grin I really wish that in my country bitcoin will be accepted by most fast food or restaurants .
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
First restaurant in Russian capital accepts payment in bitcoin: http://bit.ly/2slJstl


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https://novikovgroup.ru/restaurants/valenok/

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staff
Activity: 3500
Merit: 6152
First restaurant in Russian capital accepts payment in bitcoin: http://bit.ly/2slJstl

I didn't feel like making a second thread regarding another restaurant accepting bitcoin so I thought share it with you here. It's worth mentioning that this restaurant is huge and have a lot of good reviews If you check it on google maps: http://bit.ly/2unR8HX
legendary
Activity: 2898
Merit: 1152
If this implementation is successful, I am sure that every branch of burger king all around the world will accept bitcoin and this will be a great news.  Anyway, this acceptance can be a good start for burger king to venture in the world of cryptocurrency, this will definitely help in spreading awareness about bitcoins.
legendary
Activity: 1442
Merit: 1008
i prefer to use bitcoin.com as the source for some reasons , here's the link https://news.bitcoin.com/burger-king-russia-accept-bitcoin-payments-summer/ , everyone always glad to hear and see about how the bitcoin development running so fast than expected , as merchants adoption are an important factor to push the bitcoin popularity leading to demands increased significantly.
legendary
Activity: 3080
Merit: 1500
Source: https://cointelegraph.com/news/burger-king-to-accept-bitcoin-in-russia-this-summer

So yeah, hopefully McDonald, Dominos pizza, and many others will follow after this. I thought that this kind of decisions are taken by the creators of the franchise but It looks like It's not since It's starting on Russia.

One minute silence for all those who will try to buy burgers and fast foods with bitcoins. I will have an open proposal to them, that please sell your bitcoins to me at the market price minus transaction fees. I will happily buy your bitcoin and keep it as an investment to see a better future.

My suggestion is that, don't waste your bitcoins for buying food or anything else. Instead take it as an investment. I hope everyone is aware about the bitcoin pizza day. I am sure, that guy who bought 2 pizzas in 10k bitcoin, is deeply regretting now. His two pizzas in 2010 is worth 25 million USD now. Now the choice is yours. Spend it and regret later or save it and make your future better.
legendary
Activity: 3430
Merit: 1280
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I'm wondering what will happen. Is this really gonna work? There's a lot of questions running in my mind right now. I can't imagine what if all of the fastfoods, groceries stores, convenience stores, department stores are accepting bitcoins.

Here are the things that's in my hear right now.

1. About the transaction time we all know that there are 3 types of transaction low (which is the slowest) the normal and the last which is the fastest. What if they're going to pay for low fee since it's the cheapest are they going to wait a lot of time before receiving and approving that the bitcoin arrives? I mean they're going to wait to receive the bitcoins before giving the burger? (just an example)

2. About the transaction fee, we all know that whenever we transfer bitcoins to another account or wallet we need to pay for the transaction fee so it means that if we're going to  buy 4$ worth of food and we're going to pay thru bitcoins (Bitcoin worth 4$ + transaction fee) it will add more instead of just paying 4$

There can be a few workarounds

At least, until Lightning Network and payment channels are implemented and start working for real. For example, a certain fastfood chain (like Burger King and their likes) could use a major web wallet like Xapo or Coinbase, so if you want a hassle free service, you can create such a wallet yourself and use it specifically for payment in these eateries. Transactions between the accounts of the same web wallet are instant and free of charge, and it seems to me that it will become a preferred way of payment if all these stores and fastfoods are going to massively accept Bitcoin
legendary
Activity: 2030
Merit: 1028
We should all pester our local burger king to take them as well. That is how you make it happen.

If Burget king is accept bitcoin, there will be a chance for another country to accept bitcoin as well
As I know Russia is ready to legalize bitcoin just like japanese did so I'm sure bitcoin value will bubble soon
sr. member
Activity: 308
Merit: 267
I'm wondering what will happen. Is this really gonna work? There's a lot of questions running in my mind right now. I can't imagine what if all of the fastfoods, groceries stores, convenience stores, department stores are accepting bitcoins.

Here are the things that's in my hear right now.

1. About the transaction time we all know that there are 3 types of transaction low (which is the slowest) the normal and the last which is the fastest. What if they're going to pay for low fee since it's the cheapest are they going to wait a lot of time before receiving and approving that the bitcoin arrives? I mean they're going to wait to receive the bitcoins before giving the burger? (just an example)

2. About the transaction fee, we all know that whenever we transfer bitcoins to another account or wallet we need to pay for the transaction fee so it means that if we're going to  buy 4$ worth of food and we're going to pay thru bitcoins (Bitcoin worth 4$ + transaction fee) it will add more instead of just paying 4$
full member
Activity: 434
Merit: 100
Good to hear that big companies are starting to accept Bitcoin and see the cryptocurrency with good eyes.

The only problem: 5$ for the burger and another 5$ for the tx fees.
I'm actually curious to see how this is going to work with the Bitcoin network delay to confirm a transaction.

I also thought about it.
I think this service will be interesting only for miners and traders and I do not think there are so many of them in Russia. But I can be wrong, maybe there is a pretty strong bitcoin community.
legendary
Activity: 3332
Merit: 6809
Cashback 15%
I'm not paying for burger king in Russia or any other country.   Going to be cash every time, and you know why?  FEES.  I don't pay any fees to spend fiat except sales tax,  and I'd have to pay anyway with bitcoin.  The confirmation times are also a deal breaker for me too.  There's no reason to spend bitcoin when fiat works just as well.  Sorry to piss on your parade.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
We should all pester our local burger king to take them as well. That is how you make it happen.
hero member
Activity: 588
Merit: 500
Source: https://cointelegraph.com/news/burger-king-to-accept-bitcoin-in-russia-this-summer

So yeah, hopefully McDonald, Dominos pizza, and many others will follow after this. I thought that this kind of decisions are taken by the creators of the franchise but It looks like It's not since It's starting on Russia.
Russia should support the national producer and to accept Etherum as payment  Cheesy
But as I know Burger King is American firm, so I think they just decided to star from Russia, because of Bitcoin is still not so known there.
hero member
Activity: 2380
Merit: 916
fly or die
burger called fast food but if the payment use bitcoin again i was wondering that will we still call it fast food because the speed of bitcoin transactions was pretty low currently unless we increase the fees for each transactions and i think people will think twice if they buying $5 burger including fee $2 because for a burger that was expensive so in my point of view transactions use bitcoin will not too effective for the restaurants or food stores

It's fast food to eat, not to buy ! You need to order it the day before, and hope it confirms. If it doesn't, you can thank bitcoin for the opportunity to lose some weight !
full member
Activity: 588
Merit: 128
Great to see another fastfood joint accepting bitcoin !
It is not new though, some of subway outlet started accepting it way back in 2013 !


Oh is that so? Can I know the outcome of btc payment is subway outlet? Are there many btc enthusiasts pay with their btc? How's the payment? Oh I wonder what it'll become.
Like I was just not into btc payment in some other resto or food chain. It pisses me off when thinking that I'll pay some dollars for one meal and the worst is waiting for slow transaction. Like I'm gonna starve to death while waiting. Hope this will implement when these issues are resolved.
legendary
Activity: 2758
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
burger called fast food but if the payment use bitcoin again i was wondering that will we still call it fast food because the speed of bitcoin transactions was pretty low currently unless we increase the fees for each transactions and i think people will think twice if they buying $5 burger including fee $2 because for a burger that was expensive so in my point of view transactions use bitcoin will not too effective for the restaurants or food stores
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