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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Abiky on November 01, 2020, 01:08:22 AM



Title: Fast food restaurants accepting crypto as payment method?
Post by: Abiky on November 01, 2020, 01:08:22 AM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Raytheon on November 01, 2020, 03:03:32 AM
I think you can find some restaurants that accept bitcoin here: http://spendbitcoins.com/places/c/fast-food/

Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???
It's true if I am a foreigner, coming to the States and have lunch at KFC. It helps me cut the currency exchange crap before my flight, in which I have to pay a lot of exchange fees for the banks. Crypto with no middlemen does help a lot with this. But other than that, to be honest, I don't find any difference between paying by crypto vs paying by cash or cards.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: bluebit25 on November 01, 2020, 03:23:40 AM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???
That's not a bad approach, we're still here and working to support that. The fact that restaurants accept crypto payments, I've heard of it many times, and times like that are all the news of the surprise or hotnews. I think the entry of large corporations has been a confirmation for the next development of crypto, in the near future we will see more large corporations entering this market. And likewise news like this will get everyone's attention.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: judeafante on November 01, 2020, 03:37:56 AM
I love to see something like this happen, especially here in our country where fast food is so popular, it's so popular that we have one in every corner and in every town and this will have a big effect on this technology I love to see this happen in the coming years, we really have to shift to cashless and Cryptocurrency is very much suited to cashless transaction.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Dr.Osh on November 01, 2020, 04:19:40 AM
so far I haven't seen it. however, it can be quite a classy payment method among people. however, the accepted crypto is definitely popular crypto, and these payments are only used as alternative payments. well, sooner or later, they will. some markets have implemented bitcoin or ethereum payments, which would also apply to fast-food restaurants. i found an article on this, but i don't know if it is true or not, because it is far outside my country.
Fast food restaurants accepting crypto (https://www.bitrates.com/news/p/burgers-and-bitcoin-five-fast-food-restaurants-that-are-working-with-crypto)


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: b1boy on November 01, 2020, 06:20:40 AM
I actually dont know of any but its not a bad idea and we just just need one big fast food company to accept the crypto and im sure sooner or later others would join... i still dont know how the constant price change would help them but i think some already accept Cashapp payments and using cashapp you already using bitcoin for most of your transactions


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Jating on November 01, 2020, 07:53:08 AM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

Sorry, but I'm not aware of any fast food restaurant, global or local that accepts crypto for now, it will be great to see the likes of McDonald going the picture, there has been news before, but its all speculation. Yes, price volatility is one factor that most of them, not only fast food chain has been totally not accepting crypto as mode of payment.

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???

Again, it will be a big news if some of them accepted it through third party and it could set the precedence. But then again some of them are just franchises who might have thought of trying it but I guess the corporate are not going to allow because the price is unstable, bad for business specially if we have a wild price swing that we witnessed during the Covid-19 scare. I don't think that they can take 50%-60% losses.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: acener on November 01, 2020, 09:47:39 AM
It would really be great to know one right now and if they also have a delivery so we could just order up and pay with our crypto.
Most of the time I would run out of cash or Fiat and would convert my crypto to have some money on me to spend for our daily needs.
It is annoying because I have to pay for all the fee just to spend my crypto but it would be great and have less transaction fee if I could directly use my crypto as payment for my needs.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: error08 on November 01, 2020, 10:02:39 AM

Confirmation time also a big concern when it comes to payment and few restaurant accepted cryptos in the past now stopped ot due to high volatility and long time to wait for the funds to receive into your wallet.

But in future things may get changed, so everyone will start to accept cryptos until that we as a community should try for this to happen.

We should admit that bitcoin isn't a convenient payment method, too much hassle to use it without a third party like Bitpay which automatically converts crypto into fiat currency.
Because it's not just the price volatility, high fees and confirmation time are two things to consider before using it as a direct payment method without a third party.
Some altcoins are better due to instant confirmation and low fees.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: bitkanu on November 01, 2020, 10:10:43 AM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???
We must have learned from the past and from what I have observed and the adoption from the fast-food restaurants will not bring a lot of impact to the crypto.

Ethereum and bitcoin need to be confirmed by miners to make the tx becomes confirmed. You should also see that if you can pay that instantly use case or debit/credit card. IMO, bitcoin could not be used as a payment channel and it's better to use it as an investigation instrument.

You must see this https://www.bitrates.com/news/p/burgers-and-bitcoin-five-fast-food-restaurants-that-are-working-with-crypto

Lots of fast-food restaurants have adopted crypto and the adoption didn't bring a lot of impacts.

Instant confirmation and zero fees definitely needed to make it happen.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: tabas on November 01, 2020, 10:12:12 AM
I remember a news two years ago about KFC Canada accepts bitcoin
KFC Canada Is Accepting Bitcoin for Fried Chicken (https://www.coindesk.com/kfc-canada-is-accepting-bitcoin-for-fried-chicken)


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: aioc on November 01, 2020, 10:37:40 AM

Lots of fast-food restaurants have adopted crypto and the adoption didn't bring a lot of impacts.

Instant confirmation and zero fees definitely needed to make it happen.

There are coins with instant confirmation, but zero fees we still don't have that I only know Nano, if the fast food industries accept Cryptocurrency there could be problem with scalability and traffic in network because fast food is a multi billion business with million of transaction daily, can any coin keep it up, I don't think so.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Thesaintplague on November 01, 2020, 10:58:10 AM
This feature is also not suitable for everyone. First of all, for me cryptocurrencies are an investment instruments, and I am not ready to pay for food with it. I would use USDT on Tron if I had it.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: xenon131 on November 01, 2020, 11:11:57 AM


I don’t know what’s going on right now but a couple years ago cafe Pesto net has excepted crypto via their Paytomat POS. I happened to enjoy their tasteful pizzas and payed for it with crypto. It was also possible to repay with Gbytes in some  restaurants and fast-food cafes  in Milan. 


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: escalante28 on November 01, 2020, 11:20:25 AM
Several fast-food restaurants have been accepting crypto as payment already for quite some time. And this is what we called massive adoption for cryptocurrency. In fact, it's not only fast-food restaurants who's been accepting crypto as payment including some services and travel business also. And now that Paypal entered to cryptocurrency we can expect more establishments that will accept crypto as payment now.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: goaldigger on November 01, 2020, 11:43:05 AM
This feature is also not suitable for everyone. First of all, for me cryptocurrencies are an investment instruments, and I am not ready to pay for food with it. I would use USDT on Tron if I had it.
The increasing value of cryptocurrency makes me think to become a hodler as well and I rarely spend my bitcoin to buy things, and since food is very affordable I think using my fiat money is much more convenient to me.

We have our local restaurants bitcoin who accepted bitcoin as mode of payment but it didn’t last since not everyone are willing to spend their bitcoin and not everyone knows cryptocurrency, although this is a good adoption but I think we are still far from this.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: DraGonD on November 01, 2020, 11:43:39 AM
You can just order crypto card, why not? Im not sure that small fastfood companies will be ready for accept crypto in a few years


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: blue Snow on November 01, 2020, 12:01:40 PM
for countries in the world, I've never heard of that information. however on the island of Bali, there is a cafe that accepts crypto payments. Simply scan a barcode via our cellphone which of course uses a crypto wallet, after that the payment is complete. very simple and easy, also fast.
No, It's has been a long time ago, the Indonesian government has been banned those stores that accepting Bitcoin as payment. not only bitcoin, USD, EURO, and another currency, because all payments In Indonesia (Island of Bali) must use Indonesia currency.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: AjithBtc on November 01, 2020, 12:46:14 PM
Came across an article that elaborated food delivery services accepting cryptocurrencies. It was an old article (https://cryptomaq.com/8-food-delivery-sites-that-accept-cryptocurrency) where it lists around eight services accepting bitcoin and other cryptocurrencies. In my country I haven't seen any store accepting bitcoin directly, but surfing the internet got to see few stores carrying a board with bitcoin accepted. In a board I saw spelling mistake with the word bitcoin :o


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Vishnu.Reang on November 01, 2020, 01:24:08 PM
Here in India, I have seen one coffee shop accepting payments in Bitcoin (when I was visiting Delhi). But apart from that, I haven't seen Bitcoin signs anywhere in any of the shops. Now coming back to the payment part, just 2-3 hours back, I had to pay $9 for a single transaction as fee. The fee is getting sky high, and the time needed for confirmation is also going up. And this makes it very difficult to make the payment in BTC. Do you really think that the shopkeeper will be patient enough to wait for 1 hour?


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Nalbo on November 01, 2020, 02:00:42 PM
There were several of fast food restaurants and hotels that had bitcoin accepted here signs and they did accepted bitcoin some 5 years ago. Bitcoin payment were specially popular among foreign tourists. But as the government implemented the ban on crypto transactions, they have no more bitcoin accepted signs and I think they don't accept it anymore.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Reid on November 01, 2020, 03:02:23 PM
As of now, I know some fast foods like Burger King are already accepting Bitcoin as payment but only in some countries.
Burger King Germany accepts it with their deliveries.
https://i.ibb.co/xztDjYy/Burgerkinggerm.png (https://imgbb.com/)
Photo cropped from https://www.bklieferservice.de/

Starbucks also but indirectly with the use of a payment application.
But sadly, I haven't tried it yet since I am not living in these countries.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: kentrolla on November 01, 2020, 03:57:29 PM
Even the corporate companies like AT&T, Microsoft, Wikipedia have accepted BTC as a payment well that's how gradually it is dominating the globe.

Burger King, KFC, subway also started to accept BTC as a payment which is phenomenal people need to jump in crypto market and understanding how things are changing fastly in quick time and try make money.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: bitbollo on November 01, 2020, 04:03:33 PM
Burger king in venezuela accept bitcoin! maybe it's not the easy place were to buy a sandwich ;D
but you can use easily your coins for daily expense if you have a credit card that can be loaded with crypto currencies.
I used both advcash and wirex . General impression was pretty good since they provide a good exchange rate and an easy to use platform. Only with LN or a sidechain it could be suitable use bitcoin for direct payment like this case.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: copoyes on November 01, 2020, 04:16:25 PM
For the next 10 or decades, maybe it will be explained that for now, it's only a few, in my country Indonesia there was news where there were hotels that could pay using bitcoin and there was a bitcoin barcode when bitcoin appeared new, and now there are many payment via digital money because there are many applications for storing digital money such as ovo, Dana, gopay, the original money is converted into digital money
for in my country Indonesia, so for crypto payments maybe there will be later but who knows when, most importantly the legalization permit where bitcoin, ETH can be a legal means of payment


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: YOSHIE on November 01, 2020, 04:26:29 PM
If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know.
There are several restaurants / cafes where I live that have implemented a payment system with crypto currencies, especially Bitcoin & Ethereum, one of which is: Starbucks, Clear Cafe, KFC, Coupa Cafe. This has been running since 2013.

This does not only apply to local crypto users, including tourists who can also use crypto payment methods, for now the system that has been running for 8 years is accepted by the people in my country, maybe this continues to expand to various regions in my country, if you look at the Bitcoin community is growing.
In this case to make it easier for both parties, both users and restaurant owners.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Strongkored on November 01, 2020, 04:26:52 PM
for countries in the world, I've never heard of that information. however on the island of Bali, there is a cafe that accepts crypto payments. Simply scan a barcode via our cellphone which of course uses a crypto wallet, after that the payment is complete. very simple and easy, also fast.
No, It's has been a long time ago, the Indonesian government has been banned those stores that accepting Bitcoin as payment. not only bitcoin, USD, EURO, and another currency, because all payments In Indonesia (Island of Bali) must use Indonesia currency.
Yes you're right and this is a old news.
https://www.thejakartapost.com/news/2018/01/21/bi-investigates-use-of-bitcoin-in-bali.html

If I'm not mistaken this news has discussed before in this forum, that Just Eat delivery service in french accepting Bitcoin as payment method.
https://decrypt.co/41059/just-eat-now-accepting-bitcoin-payments-in-france


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Rodeo02 on November 01, 2020, 04:28:25 PM
Burger king in venezuela accept bitcoin! maybe it's not the easy place were to buy a sandwich ;D
but you can use easily your coins for daily expense if you have a credit card that can be loaded with crypto currencies.
I used both advcash and wirex . General impression was pretty good since they provide a good exchange rate and an easy to use platform. Only with LN or a sidechain it could be suitable use bitcoin for direct payment like this case.


Yeah its almost the same how it works you are just need to convert it first to Fiat currency.

It's really hard for any fast food to accept crypto currency directly since we know how volatile the price is, these will only works if that fast food had partner in one of the exchange or local exchange that can help them to convert it directly to Fiat currency every time there is people want to buy foods.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: laredo7mm on November 01, 2020, 04:34:22 PM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???

People will adopt it very quickly because of its simplicity. Why not use a technology that gives so many advantages on our side. But crypto market volatility is the reason it's still not accepted everywhere. May be stable coin can be a good alternative to BTC and other alts so that mass adoption gets momentum right now. There are already many counties that accept crypto as payments.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: bitgolden on November 01, 2020, 07:45:41 PM
I think no huge chain accepts crypto as payment just for now, there are places that you can use as a third party app like delivery networks that accepts crypto which allows you to pay them crypto and they pay the company in fiat so that you do not have to deal with fiat while still eating fast food. There are also fast food places that are not huge chains, like 10 places or less (even one) and they do accept crypto, there are tons of them all around the world.

However I do not think there is any place that takes crypto and have like 1000+ shops around the world, mcdonalds, burger king, kfc, arbys, subway and places like that do not accept bitcoin just yet, which leaves us with no big chain ever accepting it. Obviously those will be one of the last ones to jump into crypto, because crypto is more digital and a burger is as physical as it gets.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: qazgroup on November 01, 2020, 08:14:59 PM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???
There are many places and eateries where crypto is accepted directly and indirectly. Plus do not forget that now there are many apps and services where you can pay with crypto and the vendor will receive in fiat so win win scenario for all.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Danslip on November 01, 2020, 08:19:34 PM
TBH, I don't want to wait for the confirmation time in order to drink a coffee or buying Mcburger. The lightning network can handle the payment request instantly but I doubt teaching this method to all individuals will be possible for the next decade period. XRP and other lighting networks can handle the huge transactions in a few blocks which take less than 1 minute. It is debatable this way of making the payment is convenient or not.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: ardentvolcanoes on November 01, 2020, 09:41:42 PM
Volatility is an issue that requires heavy attention for worldwide crypto acceptance. Restaurants that Will accept crypto as payment must figure out how to tackle the volatility issues,  I am yet to see one accepting crypto as payment.

Real time payment process with huge volatilities it's indeed be difficult unless crypto will automatically converted to fiat when paying, it can be done

and be accepted as payment process, businesses are always concern with volatilities so in order to support this process they need to convert it real time

as well it won't give them any risk incase the value fell they can keep the amount base from fiat right away.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: irixo10 on November 01, 2020, 10:35:08 PM
I think everyone will be happy to see such developement. Considering that fast food restaurants is a growing business that one can set up in strategic places, now imagine accepting crypto as means of payment, this means that more people will be educated and hence introduced to what crypto offers and the benefits. However, on the other hand, to achieve this goal, I think Ethereum will be kind of better, since it is faster and more reliable than other altcoins, nevertheless if the idea can be adopted by fast food restaurants, they will most likely chose the coin best suited for them. Therefore, in all things, if this works out, it will set faster the crypto adoption.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Rexler on November 01, 2020, 10:49:42 PM
Not sure there's any restaurant accepting crypto at the moment, but just as you said it will be extremely convenient to pay with out crypto, I just hope fast food restaurants start accepting crypto payments soon, would really love to go to a restaurant without any cash in hand or pocket and just sit there order then eat, when I'm done i will request for their address pick up my phone and send my payment via crypto to them, this will probably happen any time soon, there's a possibility PayPal can help us  achieve this.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: harizen on November 01, 2020, 11:01:05 PM

A good feature if ever. It will show that bitcoin is now more being recognized by other companies. It will also contribute to the popularity of bitcoin, no doubt about that.

However, don't get me wrong with my thoughts. I'm a bitcoin enthusiast but I don't see it will be a big deal or should I say, it will be regularly used by common people. We have to admit that in terms of convenience, issued cards by banks and some famous payment processors (local or international) will still be mostly used by restaurants. Much faster and convenient as it only needs a few seconds to confirm. That's the case now in most restaurants here in our country even prior to the pandemic. And currently, since it was now encouraged to do a cashless form of transaction, the usage of online payment here grows.

Hope so, adding crypto shouldn't be hard for restaurants. It still good that we have lots of payment options and alternatives.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Casdinyard on November 01, 2020, 11:11:26 PM

A good feature if ever. It will show that bitcoin is now more being recognized by other companies. It will also contribute to the popularity of bitcoin, no doubt about that.

However, don't get me wrong with my thoughts. I'm a bitcoin enthusiast but I don't see it will be a big deal or should I say, it will be regularly used by common people. We have to admit that in terms of convenience, issued cards by banks and some famous payment processors (local or international) will still be mostly used by restaurants. Much faster and convenient as it only needs a few seconds to confirm. That's the case now in most restaurants here in our country even prior to the pandemic. And currently, since it was now encouraged to do a cashless form of transaction, the usage of online payment here grows.

Hope so, adding crypto shouldn't be hard for restaurants. It still good that we have lots of payment options and alternatives.
As long as the market price of cryptos are moving upward, it will still be preferred to be used as means of investment because people would more likely choose to hold in order to earn profit from it unless its market price stabilizes in the future. People still prefers to pay using fiat or other centralized digital currencies in both online and offline services because they won't be having second thoughts whether to spend an amount which will not have a market value increase just by holding if ever restaurants will be accepting cryptos as mode of payment, it could also be a downside for them to store their holdings in the form of cryptos for a long time because they will be needing the money to circulate the needs of the retaurant and they won't surely afford losing whenever the price is falling.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Jeger.Kiting on November 02, 2020, 01:08:01 AM
During the Pandemic we were required to be at home to keep our distance, actually this method really helped with the existence of fast food restaurants by accepting payments in Crypto currency, even though there was a lot of debate about prices which were often not very stable, making it difficult to apply in my country, it's just the blockchain method that can be applied in my country, it is very difficult in my country to use Crypto currencies as payment, so some companies only implement systems like blockchain as a payment method, ..


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: coin-investor on November 02, 2020, 02:32:30 AM
This cannot be implemented by the whole industry because of the scalability or network issue, it can be implemented by a small fast food company because the network can accommodate their transaction, but with a huge company like McDonald there could be an issue on network congestion and fee as well, but I love to see this materialize in the future.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: fishbonez11 on November 02, 2020, 02:40:50 AM
Stable coins can be used but all other altcoins is not practical to be used by now. The price is so volatile, a small business can do but in a large scale business this wont work well. In my country, online store accepts bitcoin through a third party but the price of products/service are still dependent on the fiat cost of what they offer. Knowing how high a transaction fee cost now to send a bitcoin, this will not attract businesses to adopt. During this time I prefer coins with lower transaction fee than the more established coins.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: wack slacker on November 02, 2020, 03:10:32 AM
The adoption of Bitcoin at fast food stores has been commonplace in crypto-accepting countries. There may be many more stores that accept Bitcoin without our knowledge. Cryptocurrency adoption is a global trend as now global means of payment have included Bitcoin in their systems, most recently Paypal.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: max6575 on November 02, 2020, 09:35:59 AM
yes i guess with the future chance the customs of electronic wallet helps on extent as manage of business to recognize work with the blockchain server along with the algoritmical customs of seeds referring action as helps users on confirming decision as attaining field of relation on blockchain scene.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: bakasabo on November 02, 2020, 09:45:50 AM
Probably soon with Paypal, which have the cryptos. Don't forget Cash App already accepting Bitcoin and Starbucks. In Cash App case it's pretty much Bitcoin and it already accepted at all fast food restaurant.

Sorry to disappoint you, but Paypal will offer its users just to buy, sell and trade bitcoin. Maybe in the future Paypal will have an option to transfer bitcoin, that is not "soon".

There is a weird way to pay directly with crypto. By using coinbase or binance cards (but first you need to preload it with crypto and funds will be exchanged by VISA exchange rate still) or with Revolut card (but you will face monthly amount spent limits).


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Shasha80 on November 02, 2020, 09:52:49 AM
Unfortunately my country prohibits using crypto as payment, even though I really want to spend my crypto at fast food restaurants.
Hopefully, with Paypal accepting cryptocurrency, it can make other companies accept cryptocurrency too. And finally cryptocurrency
can be accepted in all countries as a global currency. I am still optimistic that this will come true, although it will probably be 10 years
from now.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: darkphoenix2610 on November 02, 2020, 12:41:17 PM
Several establishments already accepting Bitcoin and other cryptocurrencies as payment to their products or services for quite some time already. And this is no longer surprising as time passes by Cryptocurrency masa adoption is being in the trend now. We can see some giant companies already joined the cryptocurrency adoption.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Thesaintplague on November 02, 2020, 02:29:28 PM
This feature is also not suitable for everyone. First of all, for me cryptocurrencies are an investment instruments, and I am not ready to pay for food with it. I would use USDT on Tron if I had it.
The increasing value of cryptocurrency makes me think to become a hodler as well and I rarely spend my bitcoin to buy things, and since food is very affordable I think using my fiat money is much more convenient to me.

We have our local restaurants bitcoin who accepted bitcoin as mode of payment but it didn’t last since not everyone are willing to spend their bitcoin and not everyone knows cryptocurrency, although this is a good adoption but I think we are still far from this.
Yeah, truth. It is a perfect feature for regular traders, that own a lot of stablecoins as a profit. And now they get a good opportunity to use it as traditional fiat money.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: plr on November 02, 2020, 03:20:42 PM
I'd like to have one here, but unfortunately no fast food establishment here is offering Cryptocurrency as payment, but Cryptocurrency is popular here in our place we can easily cash out our Cryptocurrency to fiat, so if I want to use my Coins to go to fast food and eat I'll just need to trade my coins to fiat.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: dimonstration on November 02, 2020, 03:27:53 PM
Several establishments already accepting Bitcoin and other cryptocurrencies as payment to their products or services for quite some time already. And this is no longer surprising as time passes by Cryptocurrency masa adoption is being in the trend now. We can see some giant companies already joined the cryptocurrency adoption.
As long as there are 3rd party apps that are easy to use and are registered in your country it will be easy to pay via cryptocurrency now, the 3rd party app will be used to convert it directly in the app wherein it is partnered with known restaurants. Soon there might be more companies that will do directly accepting crypto without using 3rd party as payment for their services, items or foods since its adoption is getting more and more during this Pandemic.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: beerlover on November 02, 2020, 06:43:41 PM
I live in a nation where crypto acceptance is sky high, we use crypto for anything if we want to and other party accepts it, legality wise there is no problem at all. Yet we still do not have too much places that accept bitcoin or any crypto easily, adoption is very slow compared to what it could be, considering the law allows you to accept crypto I would assume it would have been a lot more common but unfortunately it is not.

This is why I believe it is going to be a bit different to have a mass adoption one day, it is not about legality, it is not about price it is basically all about people not having the trust in crypto enough to accept it and cash out later, they are afraid of the volatile price situation of crypto and this is why I think it is not going to have any sort of mass adoption until it is more stable.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Febo on November 02, 2020, 07:54:48 PM
Fast food restaurants accepting crypto as payment method?

You ever heard of https://coinmap.org/?  It is there from at least 2014.  If does not matter a fast food merchant that is on other side of the world. Those matter that are close to you.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: ardentvolcanoes on November 02, 2020, 08:02:22 PM
I'd like to have one here, but unfortunately no fast food establishment here is offering Cryptocurrency as payment, but Cryptocurrency is popular here in our place we can easily cash out our Cryptocurrency to fiat, so if I want to use my Coins to go to fast food and eat I'll just need to trade my coins to fiat.

It's something that not very usual as aside from fiat there are many digital ways that's being offered from where am I right now, but it's also  good

if someone who owns this business offer this payment process, I would love to use my crypto while ordering my food, not that much for now but

eventually it will happen and this process will known and be embrace by other businesses.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Abiky on November 02, 2020, 10:33:49 PM
I think you can find some restaurants that accept bitcoin here: http://spendbitcoins.com/places/c/fast-food/

...

It's true if I am a foreigner, coming to the States and have lunch at KFC. It helps me cut the currency exchange crap before my flight, in which I have to pay a lot of exchange fees for the banks. Crypto with no middlemen does help a lot with this. But other than that, to be honest, I don't find any difference between paying by crypto vs paying by cash or cards.

Thanks for sharing. I can see that there are a couple of fast food restaurants accepting Bitcoin in the US. But they're still the minority as most accept Fiat on top of crypto. I think what's limiting crypto's adoption in the mainstream world is price volatility. Fast food restaurants are going to need to change their prices on the menu each time Bitcoin goes up or down in price. Stablecoins are a better option, but most fast food restaurants are still skeptical about crypto.

A foreigner would greatly benefit from a restaurant accepting crypto as payment method. The benefits of crypto far surpasses those of Fiat. Anyone can spend crypto as they would with physical cash. The main selling point of crypto is anonymity (sort of) and low fees. It's no secret that some cryptocurrencies have even lower fees than credit card providers such as VISA and MasterCard. For instance, paying with XRP or XLM will prove to be extremely convenient to both the customer and the seller as transactions settle near-instant at a fraction of the cost (usually less than a penny). As far as Bitcoin goes, fast food restaurants can make use of the Lightning Network to enjoy all of the benefits of alternative cryptocurrencies (like the ones mentioned earlier).

Nonetheless, the only way to pay with Bitcoin or any other cryptocurrency at major fast food chains would be through a crypto-oriented credit/debit card. I hope that someday most (if not all) fast food restaurants in the US and anywhere in the world begin accepting crypto directly as payment method. It would make our lives easier by "skipping" the middleman altogether. While a crypto-oriented credit/debit card works, you'd need to go through KYC to be able to obtain it. This greatly defeats the purpose of crypto, as you'd need to trust the middleman. By paying with crypto directly at any fast food restaurant, you'd be contributing to the decentralized economy. With how fast demand has been growing for Bitcoin and other cryptocurrencies on the market, I wouldn't be surprised that someday major fast food chains will announce their support to "decentralized money". When that time comes, crypto's adoption will grow like never before. Just my thoughts ;D


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: ShowOff on November 02, 2020, 10:56:17 PM
Thanks for sharing. I can see that there are a couple of fast food restaurants accepting Bitcoin in the US. But they're still the minority as most accept Fiat on top of crypto. I think what's limiting crypto's adoption in the mainstream world is price volatility. Fast food restaurants are going to need to change their prices on the menu each time Bitcoin goes up or down in price. Stablecoins are a better option, but most fast food restaurants are still skeptical about crypto.
The growth in cryptocurrency adoption in many businesses is a good thing and in the future we will hear that more will follow too. I don't think the volatility of crypto price should be a barrier because they can still receive more crypto if the price goes down and less when the price goes up but on the condition that they price their good in dollar and accept bitcoin as a payment system and I don't think they need to change the price. every time it change.

When that time comes, crypto's adoption will grow like never before. Just my thoughts ;D
I think it will come true, mate.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: shoreno on November 02, 2020, 11:11:49 PM
I'd like to have one here, but unfortunately no fast food establishment here is offering Cryptocurrency as payment, but Cryptocurrency is popular here in our place we can easily cash out our Cryptocurrency to fiat, so if I want to use my Coins to go to fast food and eat I'll just need to trade my coins to fiat.

It's something that not very usual as aside from fiat there are many digital ways that's being offered from where am I right now, but it's also  good

if someone who owns this business offer this payment process, I would love to use my crypto while ordering my food, not that much for now but

eventually it will happen and this process will known and be embrace by other businesses.
op mentioned a payment method that has the ability to convert your crypto to fiat after payment . this useful for those business owners that are not ready to recieve a crypto but wants to widen the support of thier payment and theres also crypto users that wants to use thier crypto for buying more than using a fiat . one thing that i remember , there is now paypal that said to support cryptos . as soon as paypal finally done the update , merchants can also use paypal if they dont or they arent familiar ln the suggested payment gateway that were suggested earlier


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: fortunecrypto on November 03, 2020, 12:55:48 AM
The logical opinion to promote the crypto as a payment method but governments are the main barriers on this journey. We should think about the legal part of the story, the rest will be done by the companies. Imho, the restaurants can use altcoins with faster transactions, and paying with a QR code will make both parties happy.

Unfortunately, there are no altcoins that want to step up, the scalability is going to be a big issue, the transaction should be fast and easy, unfortunately, as much as we want it to, Bitcoin cannot keep up with this purpose, the transaction time and the high fee will not serve the purpose, you don't want to be in a fast-food waiting for your transaction to confirm it's good for delivery but not for dine-in.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: baiwei on November 03, 2020, 01:11:36 AM
I hope that when the day comes, there will be such a payment for fast food chains in our country too but so far nothing like that has happened. But who knows, as crypto nowadays are being well-known, and who knows that one day the restaurants will also accept cryptocurrencies as payment so that even if you are cashless but have crypto method then absolutely you can pay the bill of what you ate.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: totoy4741 on November 03, 2020, 04:09:47 AM
I hope that when the day comes, there will be such a payment for fast food chains in our country too but so far nothing like that has happened. But who knows, as crypto nowadays are being well-known, and who knows that one day the restaurants will also accept cryptocurrencies as payment so that even if you are cashless but have crypto method then absolutely you can pay the bill of what you ate.

It is actually getting implemented in some countries, I mean crypto has been already making some buzzes and started to be integrated in different platform to use as method for payment. I saw an article a coke vendor machine in australia has now started to accept bitcoin as payment and some major store outlets as well so being implemented in fast food in restaurant is not far fetch.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: TIDOVEE on November 03, 2020, 04:30:55 AM
Your opinion is good, but let's agree you will only appreciate it having bitcoin for payment and not that it will be better to using credit card of cash.... Not everyone will prefer it.
We still await more acceptance of bitcoin in many physical markets and stores, I heard of plans to use Pinkoin to buy goods here in my country but I have not seen it.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: DevilSlayer on November 03, 2020, 05:25:18 AM
I remembered that in the year 2017, a lot of businesses and even popular restaurants started to accept cryptocurrencies as payment but they eventually withdraw their proposals and the new system that they applied when the bear market appeared. If I'm part of those businesses that also accept cryptocurrencies as payment in that time,  I think I'll also the same because it can affect my business and the organization as a whole.

Most of the cryptocurrencies are rally too unstable, it can be use as a payment but it is really confusing to the system of the business that you are running because the price are continuing to move every minute. There is a high possibility that most of the businesses will accept cryptocurrencies as payment as long as its value is stable like the USDT.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Wulan_maniez on November 03, 2020, 05:40:06 AM
As a crypto fan, this becomes an alternative option to using bitcoin, not just for investment. Fast food restaurants that already accept crypto as a payment method will certainly increase the mass adoption of crypto at a fast pace.
It will also provide traction as payments with cryptocurrencies become increasingly common if they can be used to make purchases in the real world.
I guess in my country if it doesn't go against government regulations there will probably be a lot of fast-food restaurants that accept payments using bitcoin.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: pinggoki on November 03, 2020, 06:11:43 AM
I haven't experience to eat or go to a fast food restaurant and make cryptocurrency as a payment method to the food that I have been ordered, maybe there are some restaurants out there that are operating those kind of service but as of now there are a few only that operates like this.
It is true that the alternatives like this will be more convenient for us because the payment method and the transaction will be just cashless in which we will not bring money and just bring our mobiles in order to make an order for those kind of fast food restaurants.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: adzino on November 03, 2020, 06:25:49 AM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???
I have heard a few good number of restaurants are accepting bitcoin or other crypto currencies as a form of payment. They are mainly experimenting with it. But are you sure it is better then credit cards for making payments? Look at the network load right now. There is no other option for you other than waiting for more than an hour for network confirmation unless you are willing to pay the huge network fees. Though you still can use some altcoins and get quick confirmation. Try using https://coinmap.org/ to locate restaurants or merchants near you accepting bitcoin.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Boov on November 03, 2020, 06:41:11 AM
The logical opinion to promote the crypto as a payment method but governments are the main barriers on this journey. We should think about the legal part of the story, the rest will be done by the companies. Imho, the restaurants can use altcoins with faster transactions, and paying with a QR code will make both parties happy.

If ever the government would allow this bitcoin transaction payment then it would be good enough knowing that bitcoin will become part of the economic growth of one country. But then suddenly not all of the countries allowed it, and so even here in my country. I didn't encounter yet such a restaurant accepting bitcoin as a payment but as far as i know our country were open minded to the bitcoin but not yet adopted.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: xSkylarx on November 03, 2020, 06:48:04 AM
Here in the Philippines popular fast food restaurants don't adopt crypto payments yet but I see some small business here accept that payment method. They help to promote cryptocurrencies the way they can.

One reason I think why only few businesses here adopts the use of cryptos is people are not completely aware yet the use of it. Older people here are not techy yet and they still prefer the traditional way.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: bakasabo on November 03, 2020, 10:36:53 AM
Here in the Philippines popular fast food restaurants don't adopt crypto payments yet but I see some small business here accept that payment method. They help to promote cryptocurrencies the way they can.

One reason I think why only few businesses here adopts the use of cryptos is people are not completely aware yet the use of it. Older people here are not techy yet and they still prefer the traditional way.

By small business you mean small shops or individuals that offer services? I havent done and seen anyone using cryptocurrency as a direct payment in real life situation (dont know how to express correctly, "on the street" or "not online").

Can you tell how this deal is performed? People pay by cards or using mobile? I'm not experienced enough with bitcoin fees and just curious how the deal is done. I doubt that you show txhash to seller, take goods or receive service and go away, while seller waits for confirmations.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: darkphoenix2610 on November 03, 2020, 11:34:10 AM
Several establishments already accepting Bitcoin and other cryptocurrencies as payment to their products or services for quite some time already. And this is no longer surprising as time passes by Cryptocurrency masa adoption is being in the trend now. We can see some giant companies already joined the cryptocurrency adoption.
As long as there are 3rd party apps that are easy to use and are registered in your country it will be easy to pay via cryptocurrency now, the 3rd party app will be used to convert it directly in the app wherein it is partnered with known restaurants. Soon there might be more companies that will do directly accepting crypto without using 3rd party as payment for their services, items or foods since its adoption is getting more and more during this Pandemic.
Yes, you are right. In the Pandemic times, people learned the importance of using cryptocurrency as payment for their products or services. Even the government recognized the importance of being a cashless society. And using cryptocurrency is the only to make it happen. So we will expect more establishments to use cryptocurrency in the future.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: plvbob0070 on November 03, 2020, 11:44:38 AM
Some users already suggested where you can find restaurants that offer Bitcoin payment methods. Personally, I have not really tried using bitcoin in restaurants because it's rare to find one in my country, so you will probably see one depending on how popular bitcoin is in your country. Before I have already heard several small restaurants offering bitcoin however since there's no much demand using it, they just stop accepting it.

It would be nice to see a growing number of restaurants accepting bitcoin payment because it just means that the adoption is growing but I still think that it's more convenient to use cash when buying foods in restaurants.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: blckhawk on November 03, 2020, 12:40:41 PM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???

The idea is not bad I'd say but I don't think it is worth to use your Bitcoin and Ethereum for any commodities, it would be better if there will be any coin that is less volatile can be used on this one like USDT since the value was also the same as USD.
Regarding the fast-food restaurant, unfortunately, I haven't encountered yet but for transportation, I think I did. And this quite a good idea as well.
It would be convenient though but don't you imagine how the market will be if there's something high volatile will be used in this kind of transaction? And just like you have said the price volatility will be the big issue.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: 1l1l11ll1l on November 03, 2020, 01:09:37 PM
Some users already suggested where you can find restaurants that offer Bitcoin payment methods. Personally, I have not really tried using bitcoin in restaurants because it's rare to find one in my country, so you will probably see one depending on how popular bitcoin is in your country. Before I have already heard several small restaurants offering bitcoin however since there's no much demand using it, they just stop accepting it.

It would be nice to see a growing number of restaurants accepting bitcoin payment because it just means that the adoption is growing but I still think that it's more convenient to use cash when buying foods in restaurants.
Yep, for restaurants like Burger King and other big Frenchises, I think they also have to get permission first, because in some countries they impose quite difficult regulations in their payment systems. If it's not really popular, I think paying with cash is still better


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: iTradeChips on November 03, 2020, 03:32:47 PM
I am not sure if there were restaurants in our place that accepts cryptocurrencies as mode of payment. It would be exciting if that were the case. I am just concerned by speed of which one can send payments through the network. With all the talk about how some coins have issues with transactions getting on time, we might expect that some people will stay seated for hours and cannot get out of the establishment until there would be confirmation that the coins or tokens has been sent successfully. Still it would be an interesting concept making these as mode of payment.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: iTradeChips on November 03, 2020, 11:23:58 PM
The logical opinion to promote the crypto as a payment method but governments are the main barriers on this journey. We should think about the legal part of the story, the rest will be done by the companies. Imho, the restaurants can use altcoins with faster transactions, and paying with a QR code will make both parties happy.

Speaking of QR codes, do you know if there are some payment brands that already integrates cryptocurrency with the QR code technology? That would be a good addition in making payments and transfers very easy. Just simply scan the code and the app will immediately recognize that you need to pay in Bitcoin so it will send the transaction right away. If that is implemented in fastfoods and other small businesses, then it will be a big leap in Crypto. It is true that governments, through big finance, is blocking efforts to adopt the said technology, but 10 years is small in the scale of things crypto can achieve. Maybe within our lifetime.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: kawetsriyanto on November 03, 2020, 11:57:54 PM
Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion.
If it is easy to pay with BTC or ETH, then It can be the option. Not sure if it is much better, moreover if you think to make your BTC or ETH as your investment and their price potentially increase in the near future.  :D Personally, I still prefer to pay with cash or credit cards. But considering to help the adoption of crypto for payment purposes, I may use them to pay sometimes.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Quintrix on November 04, 2020, 12:27:28 AM

If it is easy to pay with BTC or ETH, then It can be the option. Not sure if it is much better, moreover if you think to make your BTC or ETH as your investment and their price potentially increase in the near future.  :D Personally, I still prefer to pay with cash or credit cards. But considering to help the adoption of crypto for payment purposes, I may use them to pay sometimes.


Right now it is not maybe other coin can do that but majority of merchants are only aware of coins in the top 5 they will not look for other coins besides Bitcoin, Ethereum and Ripple, the confirmation and the high fees are a big issues, fast food needs to confirm fast and at a much lower fee which right now the top coins cannot address.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: kotajikikox on November 04, 2020, 01:55:09 AM


If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???
I have Found a restauBar that accepts Crypto specifically Bitcoin and Ethereum but not In US instead this located outside My city here in Asia.
The Bar is open from 10am to 4am the next day but upon my investigation it is rarely that People are paying using crypto meaning that in their Place adopters are really rare.
Your opinion is good, but let's agree you will only appreciate it having bitcoin for payment and not that it will be better to using credit card of cash.... Not everyone will prefer it.
We still await more acceptance of bitcoin in many physical markets and stores, I heard of plans to use Pinkoin to buy goods here in my country but I have not seen it.
Not everyone will prefer because they don't know What is crypto,If time comes that people understand what this is?then surely they will use this compared to fiat.
Not unless they have a asset mentality that this is for Holding and not for spending.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: bussybuddy on November 04, 2020, 03:12:22 AM
I think this is an effective way. We have been in this market for a long time. All payment news that accepts crypto with other products, perhaps the most is crypto with fast food. I think this solution takes time, but its effectiveness is also worth seeing as it has done the job of introducing crypto to many people.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: yslyv on November 04, 2020, 06:33:50 AM
i think bitcoin is not proper yet for order a fast food. because transactions are not fast enough. The better solution would be accepting an utility token in a faster blockchain such as neo.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: DanielModesto on November 04, 2020, 06:39:15 AM
Acredito que no Brasil sim já tem alguns restaurantes que aceitam a moeda bitcoin


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: tbterryboy on November 04, 2020, 06:54:11 AM
I have not seen any restaurant in my country accepting crypto payments still honestly I wouldn’t like to pay in a restaurant and then start waiting for the confirmation of my transaction, worse if the restaurant would say more than three confirmations and the network is congested, I will pay high fees in regular and also wait for a long time.

It’s just like recently when I made a payment and I used the regular fees which normally takes less than thirty minutes, but due to the network being congested I had to wait for three hours, it was very annoying. That apart it would still be cool if restaurants are accepting cryptocurrencies as payment, the thing is if we can deal with it.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: jcarlo on November 04, 2020, 07:24:41 AM
I have not seen any restaurant in my country accepting crypto payments still honestly I wouldn’t like to pay in a restaurant and then start waiting for the confirmation of my transaction, worse if the restaurant would say more than three confirmations and the network is congested, I will pay high fees in regular and also wait for a long time.

It’s just like recently when I made a payment and I used the regular fees which normally takes less than thirty minutes, but due to the network being congested I had to wait for three hours, it was very annoying. That apart it would still be cool if restaurants are accepting cryptocurrencies as payment, the thing is if we can deal with it.

Not many countries allow transactions using cryptocurrency. This is related to regulation and also not many people understand about cryptocurrency because many people understand cryptocurrency is a high risk investment and some still think of it as a scam.

I think it takes more time for people to understand that cryptocurrency can be used as a means of payment and the state regulates it, and if there is regulation, I think restaurants or merchants will start accepting cryptocurrency payments.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Google+ on November 04, 2020, 01:25:59 PM
Talking about fast food restaurants, I actually remembered the history of the very large use of bitcoin to make food purchases at one of the fast food restaurants and until now it is the history of using bitcoin for the first time to buy food, that history is "Bitcoin Pizza Guy" , someone buys 2 pizza pans using 10,000 Bitcoin if calculated at the current price then 10,000 BTC*$13,792 = $137,920,000, imagine a pizza owner can become rich instantly because he has that much bitcoin.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: nykka on November 04, 2020, 02:01:45 PM
Opportunity to pay with crypto would be a fine thing for any popular shops and fast food is one of them. But I think that they need something different from Bitcoin, because fast food services were created to make people`s meals faster, but transactions in Bitcoin only freeze it. There are many different cryptocurrencies with higher transactions speed. I think one of them can be really suitable for fast food restaurants. Adding opportunity to pay with crypto is also a good marketing method, so managers of big companies should think about implementing crypto payment methods


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: yurez on November 04, 2020, 04:52:50 PM
If in my city it was possible to pay with cryptocurrency, for example, Ethereum, then I would choose to pay in the classic way by credit card.  All due to problems with high fees on the Ethereum network.  Instead of paying the network commission, I'd rather buy myself coffee.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Abiky on December 07, 2020, 05:32:48 PM
I have not seen any restaurant in my country accepting crypto payments still honestly I wouldn’t like to pay in a restaurant and then start waiting for the confirmation of my transaction, worse if the restaurant would say more than three confirmations and the network is congested, I will pay high fees in regular and also wait for a long time.

It’s just like recently when I made a payment and I used the regular fees which normally takes less than thirty minutes, but due to the network being congested I had to wait for three hours, it was very annoying. That apart it would still be cool if restaurants are accepting cryptocurrencies as payment, the thing is if we can deal with it.

I know that paying high fees and waiting for transactions to get confirmed on a congested blockchain network is a pain in the head. But, merchants and businesses can use already-established Layer-Two scalability solutions to tackle this problem. For instance, it's possible to pay for things instantly in a cost-effective manner using Bitcoin's Lightning Network. Other cryptocurrencies like Bitcoin Cash and Bitcoin SV have on-chain scalability which helps them deliver super fast speeds while maintaining fees at their minimum. Other coins like XRP and Stellar are extremely fast and dirt cheap to use. Basically, it's possible to accept crypto payments at a fast food restaurant without any limitations whatsoever. The only issue would be dealing with crypto's price volatility. But that can easily be tackled by quickly selling the coins for cash or to one of the many stablecoins available on the market today.

All in all, I'd be surprised to see renowned fast food restaurants accepting crypto payments in the US sometime in the future. It would certainly boost crypto's adoption by a long shot. Restaurants located in other countries may follow US' footsteps if its crypto journey becomes highly successful. As long as there's demand for crypto payments by a substantial amount of customers, fast food restaurant owners will have no choice but to adopt crypto into their POS (Point of Sale) systems. Whenever that'll take decades or a few years from now, will depend on how fast people adopt crypto in the mainstream world. At least, crypto-based debit/credit cards provide a solution for the unbanked to pay at his/her favorite fast food restaurant. It won't benefit the crypto economy directly, but at least it's a workaround for those willing to spend their crypto "on the fly". Just my opinion :)


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Traderbtcc on December 07, 2020, 07:15:12 PM
At the moment? Nah, I don't know of any restaurant accepting bitcoin or other cryptocurries as payment, although it would have been really great to have such restaurants around, cause that will definitely help to introduce more people to bitcoin and it will also increase the mass adoption rate as you said, but I feel no big restaurant wants to integrate it now because of some factors like the high volatility or fees, time it takes to confirm a transaction or it could be because of regulatory policies, since bitcoin is a decentralized currency maybe their government will not be happy if they start using a currency they can't track.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Sirait on December 07, 2020, 07:35:45 PM
^ I thought it would be great if it came true. pay only by using a barcode scan, really a very simple transaction for us in modern times like today. It is certain that in the next few years many restaurants will accept cryptocurrency as payment.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: milewilda on December 07, 2020, 07:53:53 PM
If in my city it was possible to pay with cryptocurrency, for example, Ethereum, then I would choose to pay in the classic way by credit card.  All due to problems with high fees on the Ethereum network.  Instead of paying the network commission, I'd rather buy myself coffee.

Maybe using ethereum or bitcoin could be expensive transaction fees. But if there are other alternative cryptocurrencies such as Lumens, Ripple, and Doge maybe it can be a fast, easy and of course low cost payment solution.

We cant really deny that fact but to say that it isnt always for Bitcoin to have that congested network and also it doesnt really cost much on making up some transaction
but we know that if adoption is on that full scale scenario which means network will likely to be on that situation where it will be congested that much which means
fees would really be that high which turns out not to be an appealing thing for most people but rather they would just simply pay up the food with their typical
fiat with less hassle and without no volatility or fees.Its one of the cons that we've been dealing after all these years.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: InwardContour on December 07, 2020, 10:43:35 PM
Aside using Bitpay or coinspayment to directly convert crypto to FIAT when paying for services like restaurant and hotel due to crypto volatility, I think stable coins like USDT, USDC, BUSD etc fit in this description. Well, I'm yet to pay with crypto in fast food or restaurant but I've come across articles talking about restaurants where it's acceptable. Will be really cool 😎 to try it out.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: loopes on December 07, 2020, 11:51:10 PM
Talking about fast food restaurants, I actually remembered the history of the very large use of bitcoin to make food purchases at one of the fast food restaurants and until now it is the history of using bitcoin for the first time to buy food, that history is "Bitcoin Pizza Guy" , someone buys 2 pizza pans using 10,000 Bitcoin if calculated at the current price then 10,000 BTC*$13,792 = $137,920,000, imagine a pizza owner can become rich instantly because he has that much bitcoin.
it is an old story that i also heard. when that guy bought a pizza with his cryptocurrency (bitcoin), the price of his cryptocurrency is lower than $1. Nowadays as far as the crypto world is growing, we found a lot of cryptocurrencies are released than occurs some problem to adopt them as payment. in my country, the goverment do not legalize crypto but i know that cafe and some hotels accept cypto especially bitcoin (maybe those hotels accept other cryptocurrencies beside bitcoin). But they got a reprimand letter from central bank of my country.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Abiky on January 20, 2021, 05:17:13 PM
Aside using Bitpay or coinspayment to directly convert crypto to FIAT when paying for services like restaurant and hotel due to crypto volatility, I think stable coins like USDT, USDC, BUSD etc fit in this description. Well, I'm yet to pay with crypto in fast food or restaurant but I've come across articles talking about restaurants where it's acceptable. Will be really cool 😎 to try it out.

Stablecoins would be the perfect choice for merchants and businesses to participate in the decentralized economy. I believe that fast food restaurants will benefit a lot by adopting stablecoins as payment method. What's missing is an ample customer base which makes use of stablecoins for everyday purchases. While crypto/Blockchain tech is popular in the mainstream world, most people still don't know anything about it. It's this reason why adoption for crypto is extremely low. Things could change if people became aware of crypto as an alternative to Fiat. If fast food restaurants decide to adopt stablecoins someday, crypto adoption will increase like never before. I'd imagine popular fast food chains like KFC, Burger King, and McDonald's doing this sometime in the future.

Nonetheless, anyone can use crypto at a fast food restaurant with a crypto-linked debit/credit card. Several companies are offering this, making one's life easier. It's not as good as paying with crypto directly (since the middleman is involved), but at least it's a workaround. Depending on government regulations, crypto's adoption in the business sector could either increase or decline in the mainstream world. Let's hope all goes well as crypto/Blockchain tech's legitimate use cases are expanded as time goes by. Just my opinion :)


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: sapnu on January 20, 2021, 09:16:17 PM
If in my city it was possible to pay with cryptocurrency, for example, Ethereum, then I would choose to pay in the classic way by credit card.  All due to problems with high fees on the Ethereum network.  Instead of paying the network commission, I'd rather buy myself coffee.
I prefer holding my own crypto instead of using it as payment in some fast-food restaurant. Since the price is really high, the fees are also that high and I don't want to waste money just on a single food. I prefer using fiat when paying. If that is a USDT, it might be good since that token is stable in terms of price. It is near from happening wherein fast-food restaurants to accept crypto as payments, because as time passes by, the knowledge about cryptocurrency is spreading, and there are big companies already adopting the use of crypto as payment.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: imstillthebest on January 20, 2021, 09:44:32 PM
If in my city it was possible to pay with cryptocurrency, for example, Ethereum, then I would choose to pay in the classic way by credit card.  All due to problems with high fees on the Ethereum network.  Instead of paying the network commission, I'd rather buy myself coffee.
I prefer holding my own crypto instead of using it as payment in some fast-food restaurant. Since the price is really high, the fees are also that high and I don't want to waste money just on a single food. I prefer using fiat when paying. If that is a USDT, it might be good since that token is stable in terms of price.
that is if you already have a usdt but what if you havent have a usdt ,
 are you willing to convert your cryptos to usdt first before you can use your usdt buying in fastfoods ? sounds not a good idea isnt it ?
 fees arent holding us alone to use our crypto because if fees are the problem it can be easily solved by adding more cheaper cryptos as a payment method but its the recent increase that is holding us for spending .


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Nanda Dewi277 on January 21, 2021, 12:19:23 AM
Your idea is very good, but in my opinion it may have happened during the development of world-famous cryptocurrencies.  This will greatly affect people who do not know the world of crypto, the problem is crypto has not received a permit in various countries as a legal transaction tool and if it has received permission, then it is likely very easy to make transactions.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Kong Hey Pakboy on January 21, 2021, 05:27:08 AM
the main problem is the price of crypto itself which is always and fast changing. that can be done perhaps by adjusting the crypto exchange rate for food. So, let's say that the price of crypto changes, but the estimate for food in dollars doesn't change.
Well. We can simply use a stable coin like USDT to avoid fluctuation or rapid changes in crypto prices that it will be just like spending fiat currencies in malls, retail stores, and restaurants. I think this kind of setting using cryptocurrencies as a payment method is possible nowadays because crypto adaptation is continuously rising since the pandemic of COVID-19 occurred.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: MCobian on January 21, 2021, 06:05:22 AM
It's great to be able to buy food using crypto at a fast food restaurant. I've wanted to try this for a long time. Unfortunately my country prohibits
using crypto for payments, so I can't try to buy food at fast food restaurants using crypto. Hopefully my country changes its policy regarding this
matter, because in my opinion buying food at a fast food restaurant using crypto is still better than using a debit card or credit card. I imagine
it will be easier to transact using crypto by simply carrying a smartphone, without being bound by any institution and turning the smartphone
into a private bank. Hopefully in the future I can try this.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Coinsfera on January 21, 2021, 08:03:00 AM
As far as I know, Pizza Hut and KFC accept it. But you need to check exactly which branches.

All this aside, do you plan to spend your Bitcoins like this already. Yes, I know, the primary purpose of Bitcoin is to be a payment method. And it's up to you to choose how you spend it. But my suggestion is that it may be more beneficial for you if you do not get out of hand quickly when such large companies are investing in it.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: bitcon on January 23, 2021, 08:25:44 PM
Talking about fast food restaurants, I actually remembered the history of the very large use of bitcoin to make food purchases at one of the fast food restaurants and until now it is the history of using bitcoin for the first time to buy food, that history is "Bitcoin Pizza Guy" , someone buys 2 pizza pans using 10,000 Bitcoin if calculated at the current price then 10,000 BTC*$13,792 = $137,920,000, imagine a pizza owner can become rich instantly because he has that much bitcoin.

It is not at all advisable to spend Bitcoins on food during the period of its intensive growth. But many fast food restaurants will accept cryptocurrencies in order to attract new customers. Sooner or later, this trend will continue, and will become as commonplace as paying for meals with a plastic card.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Roidz on January 23, 2021, 09:30:20 PM
Talking about fast food restaurants, I actually remembered the history of the very large use of bitcoin to make food purchases at one of the fast food restaurants and until now it is the history of using bitcoin for the first time to buy food, that history is "Bitcoin Pizza Guy" , someone buys 2 pizza pans using 10,000 Bitcoin if calculated at the current price then 10,000 BTC*$13,792 = $137,920,000, imagine a pizza owner can become rich instantly because he has that much bitcoin.

It is not at all advisable to spend Bitcoins on food during the period of its intensive growth. But many fast food restaurants will accept cryptocurrencies in order to attract new customers. Sooner or later, this trend will continue, and will become as commonplace as paying for meals with a plastic card.
I personally prefer to use fiat money to make payments for both goods and services because then at least we can continue to revive the economy using our own country's currency, indeed bitcoin has quite a variety of functions and one of them is as a currency but of course as a citizen a good country, of course we don't want our country's economy to fall because with the large use of bitcoin as a means of payment, of course the official state money will experience inflation so that in the end the exchange rate will continue to decline, that's one reason many countries do not regulate bitcoin as a means of payment but only limited to as an investment asset.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Twinkledoe on January 23, 2021, 09:36:07 PM
Talking about fast food restaurants, I actually remembered the history of the very large use of bitcoin to make food purchases at one of the fast food restaurants and until now it is the history of using bitcoin for the first time to buy food, that history is "Bitcoin Pizza Guy" , someone buys 2 pizza pans using 10,000 Bitcoin if calculated at the current price then 10,000 BTC*$13,792 = $137,920,000, imagine a pizza owner can become rich instantly because he has that much bitcoin.

It is not at all advisable to spend Bitcoins on food during the period of its intensive growth. But many fast food restaurants will accept cryptocurrencies in order to attract new customers. Sooner or later, this trend will continue, and will become as commonplace as paying for meals with a plastic card.
I personally prefer to use fiat money to make payments for both goods and services because then at least we can continue to revive the economy using our own country's currency, indeed bitcoin has quite a variety of functions and one of them is as a currency but of course as a citizen a good country, of course we don't want our country's economy to fall because with the large use of bitcoin as a means of payment, of course the official state money will experience inflation so that in the end the exchange rate will continue to decline, that's one reason many countries do not regulate bitcoin as a means of payment but only limited to as an investment asset.

I believe not many people are also willing to spend their bitcoin for food and the likes. For those holders or crypto users, they will prefer to store or hold their crypto as much as possible. Most of us are considering crypto as investment. There are already restaurants accepting crypto or bitcoin, but if given the chance, I won't spend my bitcoin on them, but will just spend my fiat instead. This is not because I worry about my country's economy but because I want to save my bitcoins as much as I can.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: lozovenkop on January 23, 2021, 10:14:37 PM
In my opinion there are no such restaurants yet, I wonder how such a thing will be arranged and whether the states will not interfere with the work of such places


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: BChydro on January 23, 2021, 10:24:22 PM
In my opinion there are no such restaurants yet, I wonder how such a thing will be arranged and whether the states will not interfere with the work of such places
Not sure which part of the world you are living, there are several restaurants accepting bitcoin and several other currencies as payment across Europe and US. There is no reason for a state to interfere unless and until you are dealing with illegal trade or money laundering.

I used bitcoin transactions in restaurants in the past while i was travelling and it is not big deal anymore as everyone knows about the cryptocurrency market.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: xiboothrezi on January 23, 2021, 11:00:49 PM
~
Not sure which part of the world you are living, there are several restaurants accepting bitcoin and several other currencies as payment across Europe and US. There is no reason for a state to interfere unless and until you are dealing with illegal trade or money laundering.
I used bitcoin transactions in restaurants in the past while i was travelling and it is not big deal anymore as everyone knows about the cryptocurrency market.
not only restaurants but several large companies and other shops that accept bitcoin payments, please check here https://99bitcoins.com/bitcoin/who-accepts/
some last a long time, some only in a certain period. we have to realize that this is not yet fully adopted, kind of a test run if I think. but this is already pretty good progress. By making bitcoin an alternative payment, this means that the company owners see the potential of their consumers.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Hypnosis00 on January 23, 2021, 11:11:03 PM
~
Not sure which part of the world you are living, there are several restaurants accepting bitcoin and several other currencies as payment across Europe and US. There is no reason for a state to interfere unless and until you are dealing with illegal trade or money laundering.
I used bitcoin transactions in restaurants in the past while i was travelling and it is not big deal anymore as everyone knows about the cryptocurrency market.
not only restaurants but several large companies and other shops that accept bitcoin payments, please check here https://99bitcoins.com/bitcoin/who-accepts/
some last a long time, some only in a certain period. we have to realize that this is not yet fully adopted, kind of a test run if I think. but this is already pretty good progress. By making bitcoin an alternative payment, this means that the company owners see the potential of their consumers.
The name crypto has been globally known to big companies, a reason that they are considering accepting this as they know it was an alternative way of payment aside from having fiat. Cashless payment has been an exercise for some companies for several years and this new digital currency is just like the same system but the problem is on its volatility.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: sayaya17 on January 23, 2021, 11:24:22 PM
Cryptocurrency payments are becoming increasingly common in everyday purchases. Because they have adopted it en masse, if almost all countries
provide crypto payments for restaurants. But unfortunately few countries accept crypto payments for fast food restaurants. Including in my country
also it does not exist. But in Venezuela fast food restaurants Burger King already uses payment options with cryptocurrencies.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: dunfida on January 23, 2021, 11:34:33 PM
~
Not sure which part of the world you are living, there are several restaurants accepting bitcoin and several other currencies as payment across Europe and US. There is no reason for a state to interfere unless and until you are dealing with illegal trade or money laundering.
I used bitcoin transactions in restaurants in the past while i was travelling and it is not big deal anymore as everyone knows about the cryptocurrency market.
not only restaurants but several large companies and other shops that accept bitcoin payments, please check here https://99bitcoins.com/bitcoin/who-accepts/
some last a long time, some only in a certain period. we have to realize that this is not yet fully adopted, kind of a test run if I think. but this is already pretty good progress. By making bitcoin an alternative payment, this means that the company owners see the potential of their consumers.
The name crypto has been globally known to big companies, a reason that they are considering accepting this as they know it was an alternative way of payment aside from having fiat. Cashless payment has been an exercise for some companies for several years and this new digital currency is just like the same system but the problem is on its volatility.
One of the reasons on why we wont be seeing full adoption scale towards these fast food restaurant or any business that do really hesitate when it comes to volatility. Excluding to those business owners who can really
accept or do took the risk without any doubts or simply saying that they do accept if their profits or money converted to bitcoin would really go lower due to market price movement and the rest is just really like to
play safe and thats why they dont really bother on integrating crypto payments because of this. Yes, we do had already that digital or cashless payments with fiat system and majority will be seeing
that we wont really be needing more alternative on this one.For those who do reside on countries that does have fast food restaurants that do accept crypto then good for them.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Flowzer on January 23, 2021, 11:45:38 PM
Here in India, I have seen one coffee shop accepting payments in Bitcoin (when I was visiting Delhi). But apart from that, I haven't seen Bitcoin signs anywhere in any of the shops. Now coming back to the payment part, just 2-3 hours back, I had to pay $9 for a single transaction as fee. The fee is getting sky high, and the time needed for confirmation is also going up. And this makes it very difficult to make the payment in BTC. Do you really think that the shopkeeper will be patient enough to wait for 1 hour?

Thats the problem for the bitcoin as payment processor, maybe EOS or XLM maybe will more promising as a payment processor. Also theres another problem, many people seen cryptocurrencies as investment goods not as a payment processor, so they will think it makes more sense to pay using fiat whose value will continue to fall rather than using crypto whose price may go up.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: nykka on January 23, 2021, 11:54:05 PM
I don`t see any matter of which type of money use for small transactions like these. Cryptocurrencies are very comfortable to use for fast and cheap international transfers. Moreover, only few blockchains can be used for it now.

Such integration could help blockchain technologies and cryptocurrencies, but I don`t see any advantages for fast food restaurants.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Banulit on January 24, 2021, 04:02:59 AM
As of the moment I havent heard any restaurants whose accepting cryptocurrencies as mode of payment and transaction but it will be a very good news if it will happen because it will create/open a bigger opportunity for the people to get to know the benefits and get involve in cryptos.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: uneng on January 25, 2021, 03:04:42 PM
I think interesting how some popular restaurants brands like Burguer King and Pizza Hut don't accept bitcoin and/or ethereum as payment method worldwide, except in Venezuela. Maybe it's due to the high depreciated national currency there that makes the franchises owners prefer to take the volatility risk of crypto currency than taking the risk of holding fiat.
In this case seems like the risks totally worth as at least with crypto currency you have serious chances to increase your money in value, while in venezuelan bolivars it's 100% certain to lose your money's purchasing power fastly.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Abiky on January 26, 2021, 05:21:25 PM
I prefer holding my own crypto instead of using it as payment in some fast-food restaurant. Since the price is really high, the fees are also that high and I don't want to waste money just on a single food. I prefer using fiat when paying. If that is a USDT, it might be good since that token is stable in terms of price. It is near from happening wherein fast-food restaurants to accept crypto as payments, because as time passes by, the knowledge about cryptocurrency is spreading, and there are big companies already adopting the use of crypto as payment.

USDT could be a great choice for fast food restaurants to join the crypto/Blockchain revolution. The don't have to face the volatility risks of traditional cryptocurrencies like Bitcoin and Ethereum by accepting stablecoins as payment method. Fees will not be an issue if the selected stablecoin lives on a scalable blockchain network. For instance, fast food restaurants could rely on the TRC-20 version of USDT to save off fees and reduce transaction waiting times. Without the need to go through a middleman for handling payments, stablecoins could gain traction in the business sector.

Nonetheless, crypto adoption among fast food restaurants is still low. The reasons for this are many including (but not limited to) volatility, lack of education about crypto/Blockchain tech, and limited customer base. As long as Fiat remains the dominant form of money, the vast majority of businesses won't consider crypto as an alternative payment method. We may be stuck with crypto-oriented debit/credit cards, until crypto becomes mature for the mainstream world. Maybe sometime in the future, we'll be able to see renowned fast food restaurants like KFC, Burger King, and McDonald's accepting crypto as payment method in the mainstream world. Just my opinion :)


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: carrie_white on February 01, 2021, 02:36:39 PM
Do you happen to know of any fast food restaurants which accepts crypto in the mainstream world? It would be extremely convenience to buy food with crypto anywhere in the world. Since crypto often behaves like cash (no middleman or KYC required), it proves to be even better than credit/debit cards as a payment method. The only issue would be dealing with price volatility. But fast food restaurants can simply convert crypto to Fiat instantly via the use of a payment gateway (like Bitpay or CoinPayments).

If you happen to know of any fast food restaurant in the US or anywhere in the world which accepts crypto as payment method, please let me know. I'd imagine this would increase mainstream adoption of crypto at a fast pace. Paying with Bitcoin or Ethereum at KFC or Burger King would be so much better than paying with cash or credit/debit cards, in my own opinion. Thoughts? ???

So far I have never seen a restaurant or fast food that uses crypto as a means of payment, maybe because the crypto price is very volatile and changes very quickly. but I really hope that this can happen, so that crypto can be better known by the wider community


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: kram31 on February 01, 2021, 11:54:37 PM
In my opinion there are no such restaurants yet, I wonder how such a thing will be arranged and whether the states will not interfere with the work of such places

Here in my local country before pandemic begun, I saw and discovered here accepting Bitcoin, and Ethereum as mode of payment
to their business, but of course when Pandemic started they've started to closed because of the lockdown, I don't know if they are open now,
and not only one I have discovered there are other's restaurant as well doing the same thing where accepting Bitcoin too.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: HyunBin on February 02, 2021, 12:57:13 AM
As of the moment here in my country I haven't seen or even hear about a fast food restaurants who are accepting cryptocurrencies as mode of payment however if I'm not mistaken there is a resort in one of the famous beach whose accepting bitcoin and ethereum as mode of transaction and payment. I have already heard and seen in the news that sooner the banks will accept cashless transaction with the use of cryptos that will definitely a game changer here in our country and will definitely patronize by fast food restaurants as well.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: JahriMeayer on February 02, 2021, 08:39:16 PM
I don't know any but i heard about a few.even few days ago, i saw a thread where a person wanted to take payment though crypto currency! i assume, there are already a list of restusrents in the world who are already start taking payment though crypto.nowadays car company, big institutions are quiet interested on crypto currency even they are accepting bitcoin as payment.so believe soon we are going to know the branch of restusrent names soo who would accept crypto payment


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: CryptoLogo on February 02, 2021, 10:52:33 PM
This all sounds very interesting. However, we all know that the important thing in fast food is fast guaranteed payment. Neither Bitcoin nor Ethereum provide us with a quick fix for these problems. You will have to pay either in advance, or the courier will have to wait for confirmation. There are already blockchains providing fast transactions, but not every service is ready to provide such a blockchain service.


Title: Re: Fast food restaurants accepting crypto as payment method?
Post by: Smitty Werben Man Jensen on February 02, 2021, 11:10:01 PM
This all sounds very interesting. However, we all know that the important thing in fast food is fast guaranteed payment. Neither Bitcoin nor Ethereum provide us with a quick fix for these problems. You will have to pay either in advance, or the courier will have to wait for confirmation. There are already blockchains providing fast transactions, but not every service is ready to provide such a blockchain service.
Blockchain is indeed a solution for a payment because we can make transactions quickly and simply,
but anyway as you said that not every place provides blockchain services for sure,
and that becomes an obstacle and hopefully in the future blockchain services will be evenly distributed,
the important thing is to follow the progress and hope for the best