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Topic: The Kids buying Mcdonald order via BTC - page 5. (Read 774 times)

hero member
Activity: 1358
Merit: 538
paper money is going away
September 23, 2023, 05:18:42 AM
#32
The image isn't very clear; I can only make out the amount of 170,000 satoshis, and the rest appears blurry.

However, it's delightful to see a young child using Bitcoin for payment. It aligns with the notion that using Bitcoin is incredibly straightforward, and even a young child can accomplish it. Perhaps the individual who took this photo is the child's parent or sibling, teaching them how to make a Bitcoin payment.

If such payment methods continue to gain popularity and go viral, perhaps people will become more willing to experiment with making direct Bitcoin transactions at merchants.
legendary
Activity: 854
Merit: 1009
September 23, 2023, 01:48:59 AM
#31
Mr OP it seem the reference link you provided is not working because went I click on it but it not going, I thought the problem is from my twitter but not pls fix it if the problem is from your side. The parent had tried their best in teaching their son crypto, at this stage of life am so happy seeing it because gradually the kid will start introducing his friends.

I even watched it a while ago before I posted it, and now when I tried to watch it again, it was deleted immediately the link was invalid already.
I do not know why. In the video, those kids are still scanning the machine at McDonald's. And it seems they're language was a Portuguese but not sure.

When you watch them, it seems like their parents or relatives are behind them, as long as those children are doing the transaction in the video.

I am happy to hear that their parents were behind them instructing them about what to do. Believe me, this is a wonderful story because children are been introduced to Bitcoin and they can grow up to appreciate the ecosystem. But I will not allow children to use my wallet to buy anything. It is very risky to me because this child might not understand privacy and cybersecurity. Maybe the wallet has a few amount of money so it can be used for such experiment but I would not want to teach innocent children what to do when they incidentally have access to my wallet. Just a click can make you lose a fortune. The ideal age for me to introduce Bitcoin to Children is 17 years and they will be well-informed about privacy and wallet security.
legendary
Activity: 3738
Merit: 1708
September 23, 2023, 12:42:41 AM
#30
Yeah you guys been to a McDonald’s lately, it’s so expensive you are better off going to a restaurant pretty much. They used to have coupons but now they rarely do. Only deals were with this coupon books. Still not great but better.

BigMac meal here in Canada $12 or so. Some of the double big Macs and speciality burgers at $15. And at that point you can just go to a restaurant. I’ll cost the same but it will take longer.
sr. member
Activity: 1190
Merit: 296
September 23, 2023, 12:26:46 AM
#29
It is also not impossible if their parents are involved with Bitcoin and if their parents want to teach their children to trade with Bitcoin. Maybe his parents have a lot of bitcoins and maybe they invest in bitcoins as well as buy the necessary things with bitcoins and therefore their children may have inculcated the habit of trading with bitcoins. There are many parents who try to introduce children to Bitcoin from childhood and there are some guardians who keep children away from Bitcoin and introduce children to Bitcoin when they are of age. If these children get enough experience with Bitcoin from a young age, they will become more proficient with Bitcoin in the future.
legendary
Activity: 2576
Merit: 1860
🙏🏼Padayon...🙏
September 22, 2023, 11:26:03 PM
#28
Supposing the kids were really making an order at McDonald's, that sure is a good thing. Whether the kids, being kids, don't understand the system behind Bitcoin and even fiat, that's not the point I guess. I guess what matters is that they had an actual encounter of buying a food they love using Bitcoin. That will certainly leave a mark in their minds that Bitcoin is a currency because once upon a time they bought burgers and fries with it.
sr. member
Activity: 1638
Merit: 425
Cashback 15%
September 22, 2023, 11:04:56 PM
#27
I dont really think that they understand Bitcoin at that age but I guess it's still a great thing that these kids are getting exposed to Bitcoin at a very early age since that could help them learn a little about Bitcoin probably when they get older they already have an idea about it and that could interest than in the forum to actually learn Bitcoin and cryptocurrency not just using it as a payment on Mcdonalds since it would be advisable because of the huge fees most of the time, I mean this Bitcoin and cryptocurrencies wasn't really mean for payment at this time because of its volatile market price and huge fees, I would only recommend it as an investment, I mean it is great as an investment but wasn't ready to be used as a payment method but probably it would be possible in the future, there is some centralized platform that offer very low fees on cryptocurrency transactions but it's a centralized platform so I would really trust putting my bitcoin there for sure.

We can assume that this image is taken back in the day when cryptocurrency was still not a thing and there were a lot of people who doubted it, But at the moment cryptocurrency is already adopted in a lot of platforms so if you're going to use it as a payment there will only be low fees compared in the past that's for sure.
hero member
Activity: 1736
Merit: 589
September 22, 2023, 07:13:56 PM
#26
Huge if true. Imagine how much of our kids will be into bitcoin in the future if there are more of them that are interested with how it works as early as today, that will be massive!

I share the same sentiments as Sceptical Chymist though, in terms of how they spend it. While I think teaching your kids how to use bitcoin is nothing at all bad, and is great even especially if you're really selling the benefits of bitconi and not just willy-nilly telling your kid that either bitcoin is a cash cow that you can milk for as long as you live, or a glorified payment system so you can send uncle john money from where he lives without anyone tracking him or charging him deathly high fees for it, the fact that they are using the money and they have probably done this more times too, to buy Mcdonald's meals is just idk, iffy. Kids today should be given proper food that is nutritious and is not going to fatten them up. There are other healthier choices out there for sure that could accept bitcoin or something.
sr. member
Activity: 1400
Merit: 340
September 22, 2023, 07:02:22 PM
#25
It is great sincerely to see kids who understand, dicipher and apply complex information which have caused many adults to be in awe. The subject of BTC isn't new and with new kids being born daily, the latest parents are more remotely employed and have more anonymity with transactions or do more savings there and have to hint the kids incase something happens to them and they are left puzzled with wallet address they can't understand.

It's no wonder many parents who have toddles or are expecting new babies migrate to more developed countries or regions so as to afford a better learning experience for their young ones on the future developments that will in no time be of more benefit to those who understand it than those who are still trying in bits to understand it.
hero member
Activity: 2282
Merit: 589
September 22, 2023, 07:00:18 PM
#24
How do you guys know this is a pay point for McDonald's...? It can be a Bitcoin ATM in a McDonald's restaurant or it might not even be in a McDonald's restaurant..  Roll Eyes
If we look at the picture above, some people will think differently because some people think they are at a Bitcoin ATM, but we cannot access the source of the information because maybe the user has deleted his post on Twitter, hopefully the account user will convey the truth about the children who buy food using bitcoin payments at McDonald's restaurants.

Quote
In any way.... the kids are the future of Bitcoin and we should be happy that there are kids willing to use it as a currency. Most people today wants to use Bitcoin as a commodity and the currency side of things are neglected.  Sad
We are very proud to see the growth in user adoption of bitcoin, bitcoin is not just a commodity asset but they are also used as currency, so anyone who has bitcoin in their wallet will have two advantages for long-term investment asset needs and can also use bitcoin as currency (without being converted ) to purchase any item with instant payment. However, the most extraordinary thing is that there are children who are already knowledgeable about using bitcoin for payment purposes in restaurants
sr. member
Activity: 1456
Merit: 325
★Bitvest.io★ Play Plinko or Invest!
September 22, 2023, 06:49:33 PM
#23
How do you guys know this is a pay point for McDonald's...? It can be a Bitcoin ATM in a McDonald's restaurant or it might not even be in a McDonald's restaurant..  Roll Eyes

In any way.... the kids are the future of Bitcoin and we should be happy that there are kids willing to use it as a currency. Most people today wants to use Bitcoin as a commodity and the currency side of things are neglected.  Sad
The company behind McDonald's don't have control over the restaurants, each franchises have different owners and they can implement different things to make their services much better than other franchises, it just so happens that this McDonald's have the bright idea of having bitcoin as a payment option.
hero member
Activity: 2352
Merit: 588
Bitcoin Casino Est. 2013
September 22, 2023, 06:44:00 PM
#22
It is truly amazing and incredibly fascinating to witness how the younger generation is becoming increasingly familiar with cryptocurrencies. It's great and impressive to see them adapt to new technologies, learn, and use applications like Bitcoin. This is a testament to the changing landscape of financial and technological education and the fact that Bitcoin is becoming more and more mainstream. It highlights the evolving nature of financial education and the growing interest in cryptocurrencies across all age groups.

Understanding cryptocurrencies and blockchain technology can provide them with valuable skills that could help them achieve financial success in the future. It's commendable that some parents are teaching their children about these technologies at an early age. However, I wonder if they also understand the risks and responsibilities associated with handling digital currencies.

Thank you for sharing this interesting observation! It's always exciting to see real-world examples of how technology is evolving and being adopted by the next generation.

But I wonder why this was deleted. Was it deleted by the person who posted it or by the X moderator?

Now I am thinking about how I will pass on my knowledge to my nieces and nephews or how I will teach my future children about crypto.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
September 22, 2023, 02:17:54 PM
#21
How do you guys know this is a pay point for McDonald's...? It can be a Bitcoin ATM in a McDonald's restaurant or it might not even be in a McDonald's restaurant..  Roll Eyes

In any way.... the kids are the future of Bitcoin and we should be happy that there are kids willing to use it as a currency. Most people today wants to use Bitcoin as a commodity and the currency side of things are neglected.  Sad
sr. member
Activity: 658
Merit: 384
September 22, 2023, 01:37:58 PM
#20
That's ridiculous, what are they buying that costs that much  Cheesy

For those of you saying that they don't know the calculation, I doubt that, because every wallet, I don't care which one they used, always show the dollar value.

Maybe someday, they will look back at that number of Sats they sold and realize that they wasted that tinny amount of Bitcoin because its value is way higher than before.

We all want to see people spend their Bitcoin on food items and other things, use it as a means of payment, well to the world now, Bitcoin is better kept as gold than use as money, it's only those that knows not much about Bitcoin spend their Bitcoin, majority of people will prefer to hold for long term and use something else for payment.
hero member
Activity: 2968
Merit: 600
Eloncoin.org - Mars, here we come!
September 22, 2023, 01:36:05 PM
#19
Wherever this is, this seems an interesting adoption that's happening somewhere in the world. Maybe it's just these kids are pressing the buttons but the actual wallet is owned by their parent or guardian. But what's more interesting is that this McDonalds is accepting Bitcoin.

I can't see the tweet either. I imagine that must be in Lugano, Switzerland, or El Salvador, as far as I know there are no other places accepting Bitcoin at McDonald's.
I've just found an old article that a branch of McDonalds accepts Bitcoin in Lugano, Switzerland so maybe this is the place since the article also mentioned about the kiosk.
Article: McDonald’s starts to accept Bitcoin and Tether in Swiss town
hero member
Activity: 2072
Merit: 603
September 22, 2023, 01:10:24 PM
#18
Going through above discussion it seems we have completely mixed thoughts about the tweet, the news and the picture itself. Sometimes I think why such great news are always end up with so much confusion? Reminds of history channel where they show UFO videos recorded by normal peeps and guess what they are always blurry, sucked into hell fire and what not.

Why some great event like this always has confusing records? So we have a kid who’s paying with bitcoin wallet at billion dollar food chain store and the news comes with a tweet that is too not available anymore. What a dull stuff man. Thought it was something great, detailed article and everyone is appraising it. Hope so someday it becomes more evident.
sr. member
Activity: 1008
Merit: 366
September 22, 2023, 12:58:15 PM
#17
I tried to search the internet about this and came up with random things that do not relate to any kids paying their bills with Bitcoin. All I see is adults doing it. As the link from Twitter is not working and nowhere to find the real thing, I am a bit disappointed. But with all the videos and articles I saw upon searching, it seems like this event took place in El Salvador or Switzerland. Most of the McD in those counties are accepting BTC.

But everything aside, the new generation is really getting into the technological stuff quickly. And this gives us a great learning point. We are the ones to guide the next generation towards the future. As the parents are helping their children to understand the concept and teaching them how it works is good to see. I hope every parent at some point teaches their children about Bitcoin.
sr. member
Activity: 420
Merit: 262
September 22, 2023, 12:56:15 PM
#16
Mr OP it seem the reference link you provided is not working because went I click on it but it not going, I thought the problem is from my twitter but not pls fix it if the problem is from your side. The parent had tried their best in teaching their son crypto, at this stage of life am so happy seeing it because gradually the kid will start introducing his friends.
Probably the tweet is not more visible because I also tried to view it, but it was not viewable. From all the indications, these children's parents are into bitcoin, and they may have some bitcoin in their wallets. They have guided these children in the right way to be independent of banks and governments; they will grow up with financial freedom; they will grow up as bitcoin experts if their parents teach them about bitcoin well; and I am sure they will have a bitcoin wallet set aside for these kids as their future investment.
sr. member
Activity: 1106
Merit: 421
September 22, 2023, 12:16:50 PM
#15
I didn't click on the link but I see the child's parent making the payment.  The matter is both good and bad. The good part is that this child's parents are introducing him to bitcoin. As a result, the child is getting an idea about bitcoin.  As a result, he will be able to use this knowledge later.  And the bad part is spending so much on McDonald's. As this kid gets older, his needs will increase. He is not learning the proper use of money which may affect his future.  But if the child's parents own a lot of money, then the matter is different.
full member
Activity: 1176
Merit: 165
★Bitvest.io★ Play Plinko or Invest!
September 22, 2023, 12:07:57 PM
#14
It’s either this payment was made by this kids parent, or their parent gave them that bitcoin to use and make their daily purchase, because what they bought and paid with bitcoin is approximately 45$ if the members who made the calculation is correct, which if converted to my local currency is a whole lot of money, and kids spending that right now on a daily basis means they are going to spend a whole lot of fortune within a month or year which they might later leave to regrets, that’s if Bitcoin price appreciates more than this and they happen to revisit their transactions history, it might be a thing of regret.

Buying something and paying with bitcoin is really a good idea as it shows that the currency is being put into good use, but when the one who have their hand on it don’t know how to careful use it, it might be some sort of asset abuse.
hero member
Activity: 2002
Merit: 633
Your keys, your responsibility
September 22, 2023, 10:45:27 AM
#13
However, I feel bad for the kid because he spent something like 170,000 Sats or something. Its parent must have a sizable amount of Bitcoin.
Except what actually happened was:
They actually paid for some big portions because they went there with their parents. When it came time to pay, they were instructed to do so at the cashier and the parents just documented them from behind.  I personally doubt that it was their initiative, in fact they don't know how much 170k sats is equivalent to.
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