When can we buy fried chickens with bitcoin. - page 2.

serjent05

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Quote from: groll on July 03, 2016, 11:46:40 PM

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.

I wonder where does this chicken is working? Huh

Poor chicken being fired Grin

. anyway I know there is some restaurant in makati that accept bitcoin. It was the place where majority of meet ups occurs. So I think you can already buy fried chicken with bitcoin in the Philippines way back year ago.

Oralmat

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Quote from: Cozynunu on July 04, 2016, 08:50:46 AM

Haha that is a good question i think when the bigger companys like mc donalds and burger king that kind of things are accepting bitcoins the Kentucky fried
chicken will also accept bitcoins for sure. So first the bigger companys smaller ones will follow.

Bitcoin has a long way to go now. It is not being popular at food companies till yet. I think first of all , all the multinational companies should support the bitcoins and then everyone will follow them and introduce bitcoins in their businesses.

Altcoinmoney

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Lol this is a quiet funny question let me guess you want that kentucky fried chicken will accepts bitcoins in the future. If they are doing it other
companys will follow them like burger king and other fast food corners

HeroCat

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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

Cozynunu

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Haha that is a good question i think when the bigger companys like mc donalds and burger king that kind of things are accepting bitcoins the Kentucky fried
chicken will also accept bitcoins for sure. So first the bigger companys smaller ones will follow.

romero121

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Already there might be few store or vendor providing fried chicken in exchange of bitcoin around some corner of the world. Easy access will be got when we experience double the users using bitcoin than now. The increased profile creates more business to accept bitcoin into their business.

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Quote from: groll on July 03, 2016, 11:46:40 PM

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.

I think it may already be possible somewhere. For example, take a look on this website: https://bitdazzle.com/results?q=chicken
They don't have fried chickens here, but they do have some stuff with chicken and other food you can buy with BTC)
As for being able to pay with btc in shops - I think we need about 10 years in developed countries for that

harizen

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Quote from: groll on July 03, 2016, 11:46:40 PM

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.

Since coins.ph has lots of supported merchants locally, maybe they will considered to make a partnership or deal with some of the restaurants here that accepts online placement of orders.

It is possible the way that coins.ph is. Just need some request and demands by it's clients.

DoublerHunter

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Quote from: groll on July 03, 2016, 11:46:40 PM

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.

So you are a filipino i think you just need to wait for the stores or fast food chain from that country to start to know about bitcoin and also accept it as a secondary currency. If you ask me, bitcoin just need at least 2 to 4 years to be start being accept by the stores around the world because bitcoin is slowly getting popularity year after year.

franky1

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https://www.foodler.com/user/Bitcoin.do

lots of fried chicken, pizza and other things for the yanks

MicrosoftMike

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don't no about fried chicken but this guy is selling free range eggs, LOL

https://bitcointalksearch.org/topic/lifetimes-supply-of-free-range-eggs-for-only-10-million-satoshi-1532605

Sharma

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Quote from: avikz on July 03, 2016, 11:49:30 PM

Quote from: groll on July 03, 2016, 11:46:40 PM

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.

That's a bunch of bullshit.

BTC is and can be used just as USD is today with fiat currency.

The only difference is it's hard to explain to your average person that BTC has value.. All they see is magical computer numbers.
Really though. To say BTC is any less currency than USD is foolish in my opinion.

Nimbulan

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Quote from: dreamthim on July 04, 2016, 01:39:03 AM

i think online transaction is not that much trustable here so we must convert it to real money

bitcoins are way more profitable in my opinion, that is the best thing to be honest and we never need to transfer our money into fiat if we want to make the transactions be safer

i think there might be people that would actually help you to make such orders for bitcoins, you would give them bitcoins and they would buy you what you actually want for it

Herbert2020

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i has already happened, and you can buy fried chickens with bitcoin. i know for a fact that there is a food truck in US that is accepting bitcoin as payment and i am sure he is selling fried chickens too. so you just have to look for it Wink

franky1

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Quote from: rphk on July 04, 2016, 01:54:59 AM

Quote from: avikz on July 04, 2016, 01:05:18 AM

Quote from: Kakmakr on July 04, 2016, 12:55:03 AM

Quote from: avikz on July 03, 2016, 11:49:30 PM

Quote from: groll on July 03, 2016, 11:46:40 PM

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.

I agree with this , as bitcoin price varies continuously it may not be very useful to buy groceries etc. currently only paying bills for mobile currency etc is allowed , but in future there may be some method comes to use the bitcoin for buying even groceries . Holding bitcoin and selling to normal currency when bitcoin price goes is high is preferable

using bitcoin to buy groceries has 2 bebenfits
1. you can rely on bitcoin to live, without having to "cash out" back to fiat just to live. simply by buying things with bitcoin
2. you do not need to spend every 'bit'.. instead think of it as 'savings' eg spend 50% save 50%.. by the time you reach retirement you have lived a happy life USING bitcoin and also SAVED enough bitcoin to continue living a happy life

unlike fiat with its low/negative interest and inflationary nature that LOSES you value if you hoard.

in short dont 100% hoard. dont 100% spend. find the right balance to live off bitcoin today, so you can live off bitcoin in the future..

Doms

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Quote from: akogwapo14 on July 04, 2016, 03:00:29 AM

Actually in the Philippines there is no problem of the volatility of bitcoin ,They had a local wallet too to exchange bitcoin easy to local currency if you want to hold your bitcoin in long term there is no worry about you can use your peso wallet. So I'll wait to buy chicken in the future using bitcoin wallet. 😂😂😂

Anyone who holds bitcoin is susceptible to volatility. That is just the nature of bitcoin, at least up until now because it is a fairly new form of currency. I wouldn't put too much in a local exchange as we've seen many exchangers that encountered problems. Better to put your precious bitcoins in a wallet that's secured.

wintermeasures

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Quote from: groll on July 03, 2016, 11:46:40 PM

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.

I was less fit when bitcoin used to buy fried chicken. Bitcoin was created to give us the comfort and ease of transaction. Because buying fried chicken with bitcoin I think is more complicated than using cash and you will be exposed fee: D Thank you

akogwapo14

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Actually in the Philippines there is no problem of the volatility of bitcoin ,They had a local wallet too to exchange bitcoin easy to local currency if you want to hold your bitcoin in long term there is no worry about you can use your peso wallet. So I'll wait to buy chicken in the future using bitcoin wallet. 😂😂😂

rphk

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Quote from: avikz on July 04, 2016, 01:05:18 AM

Quote from: Kakmakr on July 04, 2016, 12:55:03 AM

Quote from: avikz on July 03, 2016, 11:49:30 PM

Quote from: groll on July 03, 2016, 11:46:40 PM

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.

I agree with this , as bitcoin price varies continuously it may not be very useful to buy groceries etc. currently only paying bills for mobile currency etc is allowed , but in future there may be some method comes to use the bitcoin for buying even groceries . Holding bitcoin and selling to normal currency when bitcoin price goes is high is preferable

Maesters1-

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let me open a restaurant in your area. where i will accept bitocin from the customers. i think then you will be able to buy fried chickens with bitcoin. hope that you will really be able to buy fired chickens from bitcoin.

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