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Topic: When can we buy fried chickens with bitcoin. (Read 1764 times)

legendary
Activity: 1148
Merit: 1048
Purchase a Gyft card, purchase a Walmart card via Gyft with that, and purchase all the fried chicken you can eat without stroking out.

That was easy. And sounds delicious.
legendary
Activity: 1372
Merit: 1014
Acceptance is super lousy, it´s true. Most merchants do not even know what Bitcoin is. It has been around for years but no, people still want old fashioned fiat scamcoins. Sometimes I feel like I´m in the wrong universe; too many retards everywhere.  Sad

A few more banks going belly up, and more negative interest, could change that.  Grin
full member
Activity: 238
Merit: 100
Well you can buy fried chickens in bitcoin I think.  Grin You just need to convert it into fiat first then you are good to go. Buy as many as you want not just chickens but also many things.
Yah. Is there any special conditions are there to buy a fried chicken? I usually buy all kind of things if i have money. i do not think a sales man would expect anything other than money.
legendary
Activity: 1372
Merit: 1014
you can buy CHIKUNS (litecoin) with bitcoin and use them; they confirm much faster and at around $4 per piece, are better suited for daily transactions.

hero member
Activity: 714
Merit: 500
KFC doens't look a company which will go first. They will wait what Mac or BK does. So we should lobby with Mac to accept bitcoin.
In a way it isn't a bad idea. Bitcoin > Young People, Young People > Macdonalds. They could easily earn good money by start accepting it.
legendary
Activity: 1638
Merit: 1046
With many theories and probability streaming over the worldwide media, bitcoin was foreseen to be the future legal tender in the international market in the near future. But the question is when will it happen. In the Philipines using a third party company the so-called coins.ph will allow you to pay electric bills, water bills, telecommunications billing. This small event show the potential future of bitcoin as an international legal tender. Soon we buy fired chickens with bitcoin.

Bitcoin was never meant to buy your daily groceries or fried chicken. It doesn't have the basic characteristics to become a normal currency like USD. Bitcoin is an alternate investment route and one should treat bitcoin like that only.

Invest for a long time and you can make your dreams come true. If you spend your bitcoin for buying your daily stuff, I'm sure you will regret one day for sure.

I think bitcoin is not use only for investing it can be use also to transfer money or buy something online.. but more people are adopting bitcoin so buying locally will be happen and i think here in philippines it will happen.. and i think 7/11 can accept bitcoin as payment in the future.. because they are already accepting money for depositing to bitcoin i think they will use it too to buy something in 7/11 store using bitcoin..
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
With many theories and probability streaming over the worldwide media, bitcoin was foreseen to be the future legal tender in the international market in the near future. But the question is when will it happen. In the Philipines using a third party company the so-called coins.ph will allow you to pay electric bills, water bills, telecommunications billing. This small event show the potential future of bitcoin as an international legal tender. Soon we buy fired chickens with bitcoin.

Bitcoin was never meant to buy your daily groceries or fried chicken. It doesn't have the basic characteristics to become a normal currency like USD. Bitcoin is an alternate investment route and one should treat bitcoin like that only.

Invest for a long time and you can make your dreams come true. If you spend your bitcoin for buying your daily stuff, I'm sure you will regret one day for sure.

Yes maybe we should use bitcoin as an investment but how long you would wait until your dreams come true ? Since you are still waiting for that to happen why not use a few of it just to fill your cravings of fried chicken . This is not a bad Idea atleast you have use it in a good way and because it is a digital currency it should also be considered and treated as a money that can be used for daily life .
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
I think we already can buy friend chickens with bitcoin if you have bitcoin debit card.
Even though we still use 3rd service, that's better than nothing.
When I read your thread, I felt as what kind of question is it. With money we can buy anything we need. We do not have any option to use BTC in my country. But of course I can exchange the BTC to my currency and buy so many kgs of chicken.
Thats a good idea but i think op are looking for a market that can buy chicken using bitcoin for now we don't see any but i heard in brazil many store are accepting bitcoin we dont know but maybe there is one store are selling chicken that accept bitcoin as payment..
full member
Activity: 238
Merit: 100
I think we already can buy friend chickens with bitcoin if you have bitcoin debit card.
Even though we still use 3rd service, that's better than nothing.
When I read your thread, I felt as what kind of question is it. With money we can buy anything we need. We do not have any option to use BTC in my country. But of course I can exchange the BTC to my currency and buy so many kgs of chicken.
sr. member
Activity: 259
Merit: 250
With many theories and probability streaming over the worldwide media, bitcoin was foreseen to be the future legal tender in the international market in the near future. But the question is when will it happen. In the Philipines using a third party company the so-called coins.ph will allow you to pay electric bills, water bills, telecommunications billing. This small event show the potential future of bitcoin as an international legal tender. Soon we buy fired chickens with bitcoin.

where i live there are coffeterias which accept btc. unfortunately you can only buy some vege food and fancy coffees and not fried chickens Smiley
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
I feel that in the future we will experience stores like macdo or jollibee can accept bitcoin as payment.. just like brazil they have 150 stores are accepting bitcoin as payment.. so bitcoin has a great future..
sr. member
Activity: 350
Merit: 250
With many theories and probability streaming over the worldwide media, bitcoin was foreseen to be the future legal tender in the international market in the near future. But the question is when will it happen. In the Philipines using a third party company the so-called coins.ph will allow you to pay electric bills, water bills, telecommunications billing. This small event show the potential future of bitcoin as an international legal tender. Soon we buy fired chickens with bitcoin.

Bitcoin was never meant to buy your daily groceries or fried chicken. It doesn't have the basic characteristics to become a normal currency like USD. Bitcoin is an alternate investment route and one should treat bitcoin like that only.

Invest for a long time and you can make your dreams come true. If you spend your bitcoin for buying your daily stuff, I'm sure you will regret one day for sure.

Who says that, please quote your source. The Bitcoin white paper calls it a A Peer-to-Peer Electronic Cash System, not an alternative investment option. ^hmmmmm^ Satoshi never meant for people to hoard all their coins and wait for the price to rise, and to make profits from that, it was a cash system. What do you use cash for? Daily groceries and friend chicken. ^smile^

Yes, you are correct by definition. It is a decentralized and peer to peer electronic currency. I too agree that there are many small service providers who accepts bitcoin as payment for their services.

However, lets do a small calculation: (assume, bitcoin price is now $675.00)

Today if you buy a fried chicken platter for $20 so as per bitcoin current price, you paid 0.03 BTC to the seller.

Now after some day, bitcoin price rose to $795 (which actually happened few days back)...so your 0.03 BTC is valued at $23.85. So you are making a loss of 13.85 USD on a single bitcoin platter.

In this context I said, it is better to restrain yourself from buying daily groceries using bitcoin and store if for a better time. Instead use your fiat do all these things.

Dude, this is a two way hand street.... you example could be just like:
Quote
Today if you buy a fried chicken platter for $20 so as per bitcoin current price, you paid 0.03 BTC to the seller.

Now after some day, bitcoin price FALL to $595 (which actually happened few days back)...so your 0.03 BTC is valued at $17.85 .

and the conclusion would be diferent.
legendary
Activity: 3038
Merit: 1024
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i think online transaction is not that much trustable here so we must convert it to real money
how if some big companies who already have a popularity and having so many store out there accepting bitcoin and offering delivery service,online transaction is safe as long you know what you're doing and with who you're making transaction
sr. member
Activity: 350
Merit: 250
when? right know if you want... just order a bitcoin debit card and go nuts with your fried chickens.
legendary
Activity: 1904
Merit: 1074
With many theories and probability streaming over the worldwide media, bitcoin was foreseen to be the future legal tender in the international market in the near future. But the question is when will it happen. In the Philipines using a third party company the so-called coins.ph will allow you to pay electric bills, water bills, telecommunications billing. This small event show the potential future of bitcoin as an international legal tender. Soon we buy fired chickens with bitcoin.

Bitcoin was never meant to buy your daily groceries or fried chicken. It doesn't have the basic characteristics to become a normal currency like USD. Bitcoin is an alternate investment route and one should treat bitcoin like that only.

Invest for a long time and you can make your dreams come true. If you spend your bitcoin for buying your daily stuff, I'm sure you will regret one day for sure.

Who says that, please quote your source. The Bitcoin white paper calls it a A Peer-to-Peer Electronic Cash System, not an alternative investment option. ^hmmmmm^ Satoshi never meant for people to hoard all their coins and wait for the price to rise, and to make profits from that, it was a cash system. What do you use cash for? Daily groceries and friend chicken. ^smile^

Yes, you are correct by definition. It is a decentralized and peer to peer electronic currency. I too agree that there are many small service providers who accepts bitcoin as payment for their services.

However, lets do a small calculation: (assume, bitcoin price is now $675.00)

Today if you buy a fried chicken platter for $20 so as per bitcoin current price, you paid 0.03 BTC to the seller.

Now after some day, bitcoin price rose to $795 (which actually happened few days back)...so your 0.03 BTC is valued at $23.85. So you are making a loss of 13.85 USD on a single bitcoin platter.

In this context I said, it is better to restrain yourself from buying daily groceries using bitcoin and store if for a better time. Instead use your fiat do all these things.

The same thing happens with other currencies too my friend, only in smaller increments and over a longer period. As Bitcoin mature and get distributed amongst more people, it will become less

volatile. The opposite is also true, when the price drops.... you would be buying that chicken for a bargain price. The main thing is.... if you bought Bitcoin today for $650 and you bought that chicken

that same day, it would not deviate that much.... you could wait for the price to increase and then buy 2 for the price of one.  Grin Grin Grin 
sr. member
Activity: 252
Merit: 250
The main problem will be BTC transfer time. Which customer will accept buy fried chicken today and receive it tomorrow, because BTC transfer time can be up to 24 hour or more ? At current BTC development stage, online buying have problems.  Wink
yes that is a fact we all talk about the trading in bitcoin. perhaps i opned a shop and some one come to me and buy some think in bitcoin. he wants to pay me in bitcoin. what about he transection. how much will i stay for his bitocin. i think this problem must be solved very soon.
legendary
Activity: 1806
Merit: 1024
If Bitcoin is perceived as a true currency, you will be able to buy anything with it directly. I think it is not really advisable to use a third party for bitcoin payments. Those intermediaries add costs and delays to what would otherwise be a flawless payment process. It might be thinkable that the use of third party payments providers that convert Bitcoin to fiat to execute purchases is actually hurting Bitcoin adoption, because the advantages of Bitcoins are crippled in the process.

Therefore, whenever possible try to make direct Bitcoin purchases. A great leap forward would be the acceptance of Bitcoin by the primary industrial sector. This would lay the foundation for direct b2b payments which is a prerequisite for direct Bitcoin acceptance from customers, because companies would be able to use Bitcoin revenues as working capital without fiat conversion.

ya.ya.yo!
legendary
Activity: 3500
Merit: 6981
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With many theories and probability streaming over the worldwide media, bitcoin was foreseen to be the future legal tender in the international market in the near future. But the question is when will it happen. In the Philipines using a third party company the so-called coins.ph will allow you to pay electric bills, water bills, telecommunications billing. This small event show the potential future of bitcoin as an international legal tender. Soon we buy fired chickens with bitcoin.

Bitcoin was never meant to buy your daily groceries or fried chicken. It doesn't have the basic characteristics to become a normal currency like USD. Bitcoin is an alternate investment route and one should treat bitcoin like that only.

Invest for a long time and you can make your dreams come true. If you spend your bitcoin for buying your daily stuff, I'm sure you will regret one day for sure.
I totally agree with you, but the whole initial buzz about bitcoin was that it was going to be a great currency.   Remember the 10,000 btc for pizza?  And then it turned into a straight up speculation tool and no one wants to spend a deflating currency.   At least you come out and say it and call it like it is.
newbie
Activity: 8
Merit: 0
hope that very soon you will be able to buy a fried chicken form the market using bitcoin.
hero member
Activity: 910
Merit: 502
With many theories and probability streaming over the worldwide media, bitcoin was foreseen to be the future legal tender in the international market in the near future. But the question is when will it happen. In the Philipines using a third party company the so-called coins.ph will allow you to pay electric bills, water bills, telecommunications billing. This small event show the potential future of bitcoin as an international legal tender. Soon we buy fired chickens with bitcoin.
O man, this guy and his priorities!
I don't know about you but you can actually buy fried chickens with bitcoins already.

I mean, if you ask a random bitcoin user to cook fried chicken for you for bitcoins, that's already considered "buying fried chicken with bitcoins" aye? But I get what you mean. Sooner or later, there will be stores/restaurants that will accept bitcoin as payment and we can buy fried chicken with it!
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