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A US based pizza chain has started accepting crypto currency as a payment method across South American nations. Burger king and Church's chicken already accepting crypto currency as a payment.

"Pizza hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities," said Richard Elkhouri, general director for venezuelan operations of pizza chain.

More than 20,000 shops around South America have been accepting crypto

So, What you guys think the government will do if people started using crypto for buying selling on a large scale as the control of system of monetary fund is going out of the hands of government.

This is a great step forward for crypto adoption!

I think we're going to see more and more of this in 2021.

That is a good step forward for corporations to integrate a payment system that accepts cryptocurrency. This is a good thing in my opinion, not creating your own blockchain like the other companies, they just want to be part of this growing bitcoin craze that only the pioneers will benefit the most.

bruv, i doubt this would happen any time soon. i mean a few fast-food chains aren't going to do anything. like the change has to be massive - large-scale companies and huge payments like house loans and stuff have to be changed via crupto. i haven't seen anything not even fast food chains around where i am accepting bitcoin. like it's good though, i would love to use my btc to buy a burger.  ;D
plus governments would never let it get that big. they would immediately put in measures to prevent this sort of stuff happening on a large-scale basis. an economy doesn't work without tax and btc would become a loophole. i am quite positive btc will stay an asset.

Another milestone again for bitcoin adaptation, and for sure many big companies will also be attracted to use bitcoin as an alternative payment,  I hope Pizza hut will do this not only in South America but also internationally worldwide.

Yes, Pizza Hut Now Accepts Bitcoin, Ethereum in Venezuela (https://decrypt.co/49885/pizza-hut-now-accepts-bitcoin-ethereum-in-venezuela).

I'm not surprised by the move though, specially in Venezuela wherein bitcoin has somewhat become their "monetary" system as their bolivars has totally collapse. It would be great though if other Pizza hunt around the world specially around Asia will also starts to accepts bitcoin and other crypto, it's gonna be huge.

Great move pizza hut. I can imagine that in a decade the majority of shops/restaurants will accept bitcoin and lightning network will be more widespread. In my country things aren't that well with crypto, we only have a bitcoin ATM.

I'd love to eat 2 pizzas with bitcoin with 0.001BTC. Even if someone can eat a thousands of them with the same amount in 2030 and starts laughing at me (https://bitcointalk.org/index.php?topic=137.0).  :P

There's a lot of adoption happening amidst this pandemic and this positive news is really a good sign that this 2020 not only bring negativities, but also hope for investors.

Pizza Hut is one of the popular fast-food restaurant around the world and I know that most of the people like eating Pizza.

This bitcoin adoption will make btc community to have an easier payment transaction with them, I'm looking forward for other businesses to engage in cryptocurrency, especially bitcoin.

;D you reminds me about first economic deal of BTC10,000 for 2 pizzas :D

I saw a video this past weekend where the CEO of Cryptobuyer announced the life rollout on crypto payments through their gateway in Pizza Hut stores. The galloping inflation in that country has led people to flee as soon as possible to USD, Bitcoin or stablecoins, in order to preserve the value of their money. The crypto community is growing there out of sheer need and wit, and payment gateway solutions have a big potential business opportunity there (P2P BTC implementations also take place, but larger corporations use gateways to avoid the TX confirmation wait).

The crypto adoption in Venezuela is not a new thing. It began few years ago (after the terrible hyper-inflation) and in the bear phase of crypto market, the nation is one of the most crypto friendly nations in Latin American nations.

Pizza Hut Venezuela Now Accepts Crypto Payments (https://www.coindesk.com/venezuela-pizza-hut-bitcoin-dash). I am not surprised to know they accepted crypto and one of them is DASH. The altcoin has its huge communities in Venezuela.

Pizza Hut Venezuela accepted Bitcoin, DASH, and XPT (the token of Crypto Buyer). See their tweet: https://twitter.com/cryptobuyer/status/1332318397846138881

Now with this new good news, we can say that Bitcoin is gaining more and more positive feedbacks than before. This is how it should be and many more establishments and services will accept bitcoins as a means of payment. nevertheless, this kind of scenario will gonna follow up with the other company as well and for the climax, the bitcoins price in the market will rise when many more will follow the footstep of this pizza hut company.

Took them so long before they did that.  Pizza day is already becoming a tradition in crypto community, it can;t be ignored anymore and I wouldn't be surprise if they celebrate it as well and give discount when the day come.



That's great not just BTC but also some altcoins. But this is Venezuela which they seem to make crypto legal already. To hope see it legal in the entire South America.

Nothing new. Just increasing the hype of something that is expected to happen already.

We saw different institutions buying Bitcoin already and we saw different huge companies accepting crypto in the past and we expect that this will continue until the time will come that most of these companies will integrate crypto into their payment system. A good news indeed since this is another step towards adoption and creating awareness to the people.

Nice decision for Pizza Hut in Venezuela and some other selected countries in South America. They needed to do something with the ballooning inflation there. Their choice is to continue business and start accepting Bitcoin or close their business operations.

If they continue with their business in a place like Venezuela where an amount that can buy a whole pizza today might not afford even a slice in the succeeding month, they have to embrace even as volatile a currency as Bitcoin for as long as its value is not freely falling down.

Actually there are already huge names in food industry accepting crypto as a mode of payment but it does depend on the region to where the restaurant or food business is located, likewise with other businesses. Such that Food business1 will have branches across different countries, but only in countries wherein cryptos are widely being used, are where branches which are accepting it as a medium for transactions. But this is indeed a good thing because more businesses are choosing to adopt this technology.

This is pretty big.

Imagine, those number of stores support bitcoin as payment; this would also serve as a form of advertisement to people about the existence of the blockchain technology. With more users knowing and using bitcoin, this would more or less attract other businesses from accepting bitcoin as a payment. Ultimately, the government would have to implement regulations but this may actually remove the stigma of bitcoin as a scam currency.

Finally, one company accepts bitcoin. That will make the other company will curious about that. If that can succeed, and many people curious about the payment using bitcoin, that can attract more companies to use it. While Pizza Hut can announce this, they can invite more people to come to their store and buy Pizza using bitcoin. The feeling will be the same as they use debit/credit cards, but using bitcoin will give them a different experience.

Well, I guess this is a start. It isn't odd that restaurants that cater more for deliveries are the ones that are first implementing this since Bitcoin is for cashless transactions. I guess this opens up the crypto industry towards other restaurants, and hey, maybe other official businesses as well ranging from technology, clothing, etc. I just hope that it isn't going to be restricted by countries from now on, since that would be hugely detrimental to it actually developing worldwide.

Oh and on another note, glad to see news about Bitcoin being seen as a "currency" instead of an "investment" after quite some time.

This is a great news for the crypto community. If more than 20,000 shops around South America alone are accepting crypto, then it's only a matter of time before it becomes full blown.
I am not surprised that restaurants are among the first to accept bitcoin or crypto as payment. I have always maintained that it is only when the masses can buy their day-to-day goods and services with crypto have we truly gotten to the mass adoption.
I am sure, with this great leap towards mass adoption, many other companies and even small scale businesses will follow suit. Let's look forward to many of this in 2021

To be honest, I'm surprised to hear that Pizza Hut is not out-of-business in Venezuela yet considering their incredibly terrible financial situation. I guess resorting to alternative currencies is the best thing they can do to protect their business while they still can. I would surely not cash in the local currency anymore if I knew it was slowly becoming completely worthless and had the possibility to take other currencies instead.

This is a good start for merchants accepting bitcoins as a payment option to their store and maybe if many business will see this provably they will follow them, but hopefully we can see a widespread acceptance since I think this one is in selected countries only.

Hopefully we can see an adoption here in south east asia countries since for sure the market here is so big.

So happy for those people who lived in that area they could now use their Bitcoin to pay for their food.
But would the people really use Bitcoin rather than Fiat?
Since Bitcoin have a tendency to grow and give them profit.

The smaller companies have started getting involve into the digital currency and this is a great news for the community. As we know Pizza Hut to be an international business platform, this will help the community only if they wouldn't just allow those in South America to enjoy this dividends and leave other countries-off the lane of innovation. For them accepting Bitcoin as a payment method come at the right time and should be embrace by others whom are yet to venture into this payment method.

Such a large number of shops accepting bitcoin into the business happened during the previous bull market of 2017. By that time Japan legalized the usage of bitcoin and the government itself promoted the acceptance of bitcoin on physical stores. Bitcoin gained popularity out of the Pizza being bought for an exchange of 10000 BTC. Now for a service associated with Pizza accepting bitcoin is really a big step forward and support growth of bitcoin.

I just hope the same thing goes to Pizza Hut branches here in the Philippines, as well as other food chains like Burger King. I would really love paying Bitcoin for buying pizzas one day in Pizza Hut if the Philippines choose to adopt it as well. This is going to be great and we are heading towards massive adoption slowly but surely.

Whenever there's a new thing that is introduced .

Developing countries are always first to experiment or try it before other local countries will do but theres still other pizza and burger brands that you might find on your country that also accept a crypto payments .

we don't need to limit our self trying them and we don't need to limit our selves dining on those said brands that arent yet accepting crypto on our place because we can still pay a fiat and eat their pizza and burgers if we wanted to .

I love pizza and I love the crypt! Everything is fine in this news. I would very much like to live up to the time when there will be a universal card or chip that can be used to pay with tokens without any exchanges or swaps. In fact, it is high time to introduce cryptocurrency payments around the world, because this is the most advanced way to pay for goods at the moment.

any idea of which cryptocurrencies are those?or just Bitcoin?

How i wish that this will also available in my country as i am a Pizza Hut lover,but of course this will take long time before being available.

Good to hear that South American establishments are starting to adopt Bitcoin and other altcoins hope so.

South America is really a mixed bag when it comes to the potential of bitcoin in that part of the world. It is the motherland to almost every kind of ill that bitcoin is blamed for concealing. Drugs, trafficking, extortion and such. Then there is the situation where multiple countries have namesake governments with local cartels and millitia having power over the lives of people. It must be terribly hard to secure an honest living in these conditions. I recently watched on Netflix that how the Avocado farms ended up becoming cartel controlled in countries like Chile and Mexico. That kind of sums up the pitfalls in earning an honest living in these countries.

If bitcoin allows these people to have some control over their own personal lives and wealth, i don't think governments will be too unhappy about it. There is particularly nothing to worry about for the chain owners like Pizza hut and others because governments already get their share via indirect taxes when people spend money.

Actually it's happening only in Venezuela. Bitcoin payment option isn't available in another countries which host Pizza Hut franchise.
It looks like that was the way big fast food companies found to keep operating in Venezuela and being profitable at same time. I'm just in doubt if the government there is in agreement with bitcoin being used instead of their totally devalued national currency. If that is the case, the government doesn't really know what to do towards economy anymore, so they are allowing *foreign* currencies.

It's great to see pizza hut and more enterprises accepting Bitcoin payments for their day-to-day transaction. With the proper promotion of the bitcoin payment they are offering, it can also increase recognition to other people who will see that promotion. And if more businesses are open for bitcoin, for sure others will also follow the trend. I hope that this kind of opportunity will also happen in other countries/continents, not just in South America.

Yeah it happened before someone used btc to purchased pizza some years a go, its obvious that bitcoin is threading everywhere across the countries, even some car industries will also accept cryptocurrency especially bitcoin as a means transactions, while these companies are accepting bitcoin as a means of payment is because they have known the important of bitcoin in society, before many of them ignore cryptocurrency and tagged it as scam but now its really obvious to them that btc is not a scam, its a currency which is generally accepted if a country adopt it as a means of transactions.

For these journey of accepting bitcoin as a means of payment in such country it will help to boost bitcoin in general, buying hut pizza with btc it's a welcomed development irrespective that I had it before that shouldn't make me not to excited concerning bitcoin, shall it will called second pizza officially payment with bitcoin, some sector of entrepreneur will start buying goods with cryptocurrency especially btc from now enhance forth.

Only in South America? What about the US and Canada? I would like to order pizza again using crypto.

You can purchase pizza with Bitcoin, Dash, BNB, ETH, USDT, BUSD, LTC, DAI and its native tokens XPT

This is a very good development for crypto and will set an example for other countries, Pizza Hut is a fast food that everyone likes and in Venezuela accepts payments using bitcoin and several other Altcoins scattered in several cities in Venezuela which I think will be an example which can carry bitcoin or other Crypto is well accepted and can be used as legal transactions for other countries.

If this is the correct information. Bitcoin will fly higher, we have been waiting a long time. I think it's just a matter of time. When Bitcoin comes back I believe that it is unstoppable because it is the trend of the times. we need more positive information about Bitcoin.

It is 100% correct my friend.
You can refer this
https://www.google.co.in/amp/s/www.coindesk.com/venezuela-pizza-hut-bitcoin-dash%3famp=1

This is awesome! Richard Elkhouri sounds very intelligent. I'm very glad to see crypto being supported on a mass scale by owners of large companies. It's very nice to hear powerful people supporting crypto.
This will be very interesting for the development of the crypto economy.


Thank you. I need to send this link to a couple of people I know.

This is really great, looks like mass adoption of bitcoin is taking place so fast, first it was PayPal platform accepting bitcoin now this, I bet we are going to be seeing more news like this in the next few months, cause I believe more restaurants will also want to adopt it so that they won't be left behind, although I know the government will surely be against it, because they hate decentralization, well who cares we are moving forward that's what matters.

We could say that many businesses are welcoming crypto and taking a part in it as a normal market interaction. The demand for Bitcoin and online selling makes them decide to accept it, in fact, not only Pizza Hut but also big establishments are having the same which is the best idea.
If we closely take a look at the market today, most people are doing transactions online which Bitcoin is more viable and those people have Bitcoin will likely to choose store and establishment that accept it. Good thing that Pizza Hut makes such decisions.

Finally bitcoin is being adopted  ;D
Atleast it does not cost 10,000 bitcoin to purchase a pizza now :)

I was under the impression that Pizza Hut was going out of business. I looked into it after reading this story and it turns out that it was only one of their franchise providers which went bankrupt but their parent company, which also owns KFC and Taco Bell, is still going strong. It is great news that they are still around and some of their locations have started accepting Bitcoin, although this seems like it could just be a publicity stunt.

Adaptation like this are no longer new,still it's always good to hear good news like this, no doubt in a few months time we will see more and more adoptions like this, looks like fastfood/restaurants are beginning to like bitcoin alot, since the transaction done with it are really fast, I think this will make the price of bitcoin to continue rising, cause with more adoption taking place, the demand for bitcoin will definitely increase, and I feel like the government will pained by this, since they are anti-crypto,i just hope businesses in my country will also embrace this new technology soon, it would be really great.

Nice jump for crypto, we know if crypto can be used for anything including purchases at restaurants or whatever. but not many countries have adopted this. so I think hopefully in the future there will be more and more outlets that can use bitcoin for transactions.

This is great! Not just because over 20k stores accept bitcoin but because it's pizza!. Pizza is the origin of bitcoin as a means of payment (https://bitcointalk.org/?topic=137.0) and it's great to see that official pizza stores now accept it too. About the government, I don't see what they can do because the more people know and use bitcoin, the more strong bitcoin gets.

I'm happy to hear that there are now popular companies that are start accepting bitcoin as payment, Pizza hut is good and for sure that what they released in the public can increase their reputation because there are only few companies that are accepting bitcoin as payment. I wonder on how they will add it in their system because we all know that bitcoin is so volatile so tracking their sales and gross profit is hard because of the price fluctuations but for sure that they study it very well and it is the reason why they implement a new system which is accepting bitcoin as payment. I want to see that they will also allow some of their branches in south east asia for me to try the service that they are offering. I wanted to see more popular companies like this where they will also start accepting payment using bitcoin.

Great news for all bitcoin enthusiasts. I cant believe that they decide to make an oustanding move like that. Not many company accepts bitcoin due to high risks and high fees. But I bet bitcoin lovers will spend some of their bitcoin for pizza. 11 years ago, we had the first bitcoin transaction of buying pizzq, bow we have a whole pizza company accepting bitcoin

They are facing bankruptcy in US.
https://edition.cnn.com/2020/08/17/business/pizza-hut-closures-npc-international/index.html

Food and beverages industry hitted badly by the pandemic situation. In my country, Pizza Hut sells their pizza on the street to survive. I think Pizza Hut accepting bitcoin is just for marketing purpose, because bitcoin became a major topic since the bullrun. It’s good if they really do it, but using bitcoin to buy pizza on this bullish market is not a wise choice.

Also, a fast food with a slow payment?
Maybe the lightning network or any other faster cryptos.

Well you couldn't blame them. South America is teeming with nations that are plagued with hyperinflation for their currencies, and the only way to offset that at least is to accept some other currency apart from the local one in order to preserve and save some profits along the way. This is also a good move considering that bitcoin is on the rise right now, and all they could do is just sell it immediately and hold a little longer for maximum profit. It's only a little while before restaurants and other such establishments would start accepting bitcoin again. They wouldn't want to miss on the hype, and they should get early on as soon as possible.

OP should at least give the reference link of his post.

https://cointelegraph.com/news/pizza-hut-to-accept-bitcoin-for-pies-in-venezuela


Yes, that's a good story though. And also, fastfood chain needs to add options for payment method as cash is somewhat avoided these days of pandemic.

All countries still have to do with regulations, so this is what is a bit of a problem in some countries why bitcoin cannot be fully adopted. However, this could happen in the future if bitcoin is growing because the concept used is more principled towards alternative payments besides using conventional payments.

With so many good news everyday for bitcoin's adoption makes it more reasonable for price to hit its new ATH anytime soon and that's no surprise at all it will happen before end of the year. It is more convenient for bitcoin's enthusiasts to add bitcoin in the payment system because this will be a good start to fully apply such transactions not only for pizza hut but also other companies already accepted bitcoin and other future companies will soon join the adoption.

I think maybe Bitcoin adoption has spread all over the world and all the big companies are probably planning to use Bitcoin for payments, but this company might still think of the government there if they use Bitcoin, because every country has very different regulations for its government. So all countries are not easy to use Bitcoin as their means of payment on a daily basis.

This is very good news that Pizza Hut has begun to accept crypto payments across South American countries.
Pizza Hut is owned by Yum! Brands who also owns the restaurant chains KFC and Taco Bell.  
If these other 2 companies began to accept crypto in South America that would be even better.

woow its really cool news in upcoming days there are lots of usecase of bitcoin in local stage.

this is good news, more and more merchants are accepting payments via Bitcoin...
but it is very unfortunate that in my country this cannot be done because my country's finance minister prohibits all types of payments in cryptocurrency, our country government sees Bitcoin as just an 'asset', if there is a trader who accepts payments in Bitcoin then that person's business will be closed.

Good for them.

Their local currency is so inflated that it's just not worth holding onto, all they can do is pay their bills and buy groceries today because tomorrow it can be worth 1% less ;)

On the other hand bitcoin fees are a little too high to buy pizza unless you're throwing a party. I hope to see their sales reports for the next 3 months.

This news makes me very happy because it is happening in my country Venezuela. I am going to share the experience of a user in Venezuela who in turn works for Binance Marketing Latin America.

Among the comments of the clients they said about the use of Bitcoin to pay and the long wait for the confirmation of the transaction. Another client commented that he paid with BUSD and it was very fast.

Regarding the government's actions on the use of cryptocurrencies and if any tax will be applied to their use, I have no information. We are still in the euphoria of the moment. The use of cryptocurrencies in Venezuela is necessary due to its inflation problems.

https://twitter.com/justmariangel/status/1332761644196392960?s=19 (https://twitter.com/justmariangel/status/1332761644196392960?s=19)

https://twitter.com/justmariangel/status/1332765598925905922?s=19
 (https://twitter.com/justmariangel/status/1332765598925905922?s=19)

Didn't they do this in the past? I remember reading from an arficle way back in 2015 that someone purchased a box of pizza which is worth a couple thousands of bitcoins at the time. Though I wouldn't really be surprised if they drop it immediately as bitcoin was not that prpfitable in the past and added to this the fact that there is limited ways for users to cash the coins out. I think it's still a good news for the people of Venezuela as they are starting to shift into a different way of paying things aside from the oil-based dollar that is slowly seeing decline as more and more people go electric. I hope to see more of this in the future

That's nice to hear, people there are lucky because they can already use their bitcoin when buying pizza. This is just another way of introducing crypto to most people out there.  I'm sure many big companies are starting to plan and follow what pizza hut did and I think this serves as an advantage to their company to be further enjoyed by costumers.

Wont really be minding much about on that day on how government will react if this situation come out of hand.Lets see on how they would react but for sure
they will really be setting out some rules and regulations.Setting aside that issue and lets go back to Pizza hut accepting bitcoin and other chains then this is
really good to hear off that adoption is on the move and we are really heading that most of businesses will be accepting crypto payments which is really an
advantage yet this one will create an increase of adoption which is really the thing we are hoping for that long.Adoption is all we need.

It’s not a surprise, there are lots of businesses are accepting Bitcoin already and there are still more of them with the plans to invest and accept Bitcoin.

But, the one that surprised me was Universities that were accepting Bitcoin for school fees and all that. It really surprised, it’s really cool that schools will accept bitcoin from their students, schools would be the least in my mind if I am to mention areas that bitcoin will be accepted. I am happy all these things are happening and I look forward to more and better things happening.

Pizza hut does not accept crypto in my country as of now but i am sure it will accept worldwide in future.

This is a direct example of cryptocurrency adoption. There is now widespread interest in cryptocurrency among people all over the world. If bitcoin was offered as an alternative payment option in every super shop, super mall, shopping center, people would be encouraged to use it. I applaud it.

Wow 😳 That’s great! here in South America Maybe coming in 2050 xD

Using Bitcoin in the United States is more developed than in other countries. Besides being a means of investment, Bitcoin in the U.S. can pay tuition,
online shopping, and other bills.
In Venezuela alone there are over 20,000 shops and businesses facilitating payments with crypto. Including the latest news from a Pizza Hut store
that a few days ago started receiving crypto payments. This is splendid news because interest in bitcoin’s use is growing.
The United States is one of the more progressive states against crypto even one state in the United States Wyoming will introduce legislation legally to define crypto.

It is so great that Bitcoin is increasingly widely accepted on many mass media. which proves that Bitcoin has a great deal of attraction.

IN THE US? I wish they'd accept it earlier, I'm not selling my btc anytime soon lol.

Regulation is a must for cryptocurrencies imo since this is commonly used by criminals in the black market and it can also be used to do money laundering across countries. Mass adoption is really good especially to us bitcoin holders but without strict rules implemented to it, it can also be one of the top things or medium to be used by criminals.

We're slowly seeing huge companies accepting crypto as a mode of payment. And that's another step towards crypto adaptation. Some might say that it's not that new because this is somehow gonna happen eventually. But I think it's still something to be grateful for. Soon enough, other countries and huge companies there would surely incorporate bitcoin into their business and accept it as payment as well. You know what they say, "one step at a time but always ahead." :)

This is good news for the development of crypto, almost everyone in the world must know Pizza Hut. Because Pizza Hut as
a world-famous fast food company has tens of millions of customers around the world. So if Pizza Hut accepts Bitcoin payments
this is the best promotion. I am sure that many people will get interested in learning Bitcoin, then surely this can accelerate
the development of Bitcoin. And it can make other fast food companies interested in accepting Bitcoin too.

Everything just takes time, because the legality of crypto regulations is still minimal, so it takes time to actually be able to give every country an opportunity that bitcoin is very potential as an alternative payment transaction.

It does take time for bitcoin to be accepted globally because the government in other countries does not approve the usage of bitcoin and other cryptocurrencies due to its decentralization. But Venezuela is currently legalizing and accepting bitcoin in their country; that is why Pizza hut in Venezuela is now accepting cryptocurrencies as a payment method that eventually every store in Venezuela will accept cryptocurrencies like Bitcoin.

It's okay to spend your Bitcoin towards the things that you need to buy as long as the price of it is bigger than the transaction fee to save your Bitcoin, because if you'll buy a $1 slice of pizza having a $2-$3 transaction fee, then your Bitcoin will vanish in no time. However, this is a good news and we're hoping that we're going to achieve the cashless society soon while we are marching to the future technology that's greater than what we have right now.

What wallet do you use? if you use a blockchain wallet I am sure you will not have very high transaction fees,
especially exchanges, do not use exchanges as day-to-day transactions, as they have very high withdrawal fees and are different from wallets like blockchain or Atomic.

Another good news. Since bitcoin is being traded to fiat and that bitcoin has its value then trusting to it by accepting as a means for payment would be the best thing to do and that business can grow for we know that there are many people holding bitcoin and if they get bored on their bitcoin holding they can use it to buy for something and lucky for the establishment to accept it compared to others that aren't.

It is great that they accepted Bitcoin.

The thing is that about the government, I don't think there would be a problem. They would still be paying the taxes they needed to pay to the government. Hope they can cope with the volatility and the fees that they would be using in terms of refunds.

As the demand of people to use Bitcoin as a payment option on doing purchases of their daily necessities like foods and other essential products, merchants and restaurants are now up into moving their phase into the customer's want which makes them adapt into accepting Bitcoin as a payment method for they are seeing many people are wanting to make use of their Bitcoin more effectively by paying their purchases that way. It is so nice to see that big names in fast food and dining like Pizza Hut which is also known to be one of the finest pizza store here in our country are now accepting Bitcoin but for their branches found internationally like in US. Here in our country, although fast foods are accepting cashless payment, only digitalized fiat based currencies are only accepted and known by the merchants and accepted to be the mode of payment. But still it is very nice to know that Bitcoin is now being accepted in Pizza Hut and other fast food chains which is a great movement towards Bitcoin adaption.

I believe 2021 and after the world eradicate the covid 19 virus there will be many initiatives fore crypto adoptionbecause the people now are able to understund that the humanity need many new things to change their life and to help theme to manage the hard times better than how they managed the covid crisis

Well.. there may be people out there who don't mind the $2-$3 transaction fee (especially if the bill is around $25, which is normal for a group of 3-4 individuals). But the delay in getting confirmation is another issue. Are they going to wait for 20-30 minutes to get the confirmation? Obviously the shop can accept the payments even without confirmation, but then it is going to be risky.

Another huge and famous company adopted blockchain technology in their business. Nice, what a great news! It feels good to know that more and more people are getting into it. It makes our community grows bigger and bigger one step at a time. I know Pizza Hut's influence is very small compared to the rest of industries but still it helps us to spread the word for those who are not yet aware of cryptocurrency. So let's appreciate it.

I just feel a little bit disappointed because they only implemented it on their branches in South America. I'm hoping that they will do the same thing here in Asia soon. Even though I'm not a fan of pizza, I would definitely go to their pizza parlor more often just to experience paying bitcoins in real time :D.

There are 3 Pizza Hut here Near my office and we really enjoy having this for at least twice a week as a group and if this will only accept Bitcoin for sure i will start taking a little in my Holding just to experience Buying Pizza using BTC just like the very controversial Pizza buying from the first adopters .

But i know this will take years before finally getting my first slice but i am not losing hope.

For those who live in countries that offers this?better try and use it because that is a privilege that only Few countries has now.because we on the other side is longing for a chance.

It is good for us because it helps to the bitcoin to promote  to the others people, hoping more business like restaurants are accepts bitcoin payment because there is a lot of people who eats in the restaurants.

In the next few years more business will accept the bitcoin for their payment because they see the advatanges of having this coin it will easy to transact and maybe it will increase also their customer because the user of the bitcoin possible to avail their products or service.

This is really good news. Have many businesses they accept bitcoin her payment method. Pizza hut big Bazar today world.
So it’s good news and hope it promote bitcoin. I think after some time many country government bill accepted bitcoin.

You mention Pizza Hut "accepts" bitcoin but there is a foreign payment processor involved pushing their service to various shops.

A Panama startup from 2017 by the name of "Cryptobuyer" has been pushing their product. They are also somehow related to Dash, which they try to promote but there is not much interest. Aside some traders, people rarely ever use Bitcoin, let alone Dash or other altcoins in "daily use".

https://mk0criptonoticijjgfa.kinstacdn.com/wp-content/uploads/2017/06/Bitcoin-Cryptobuyer-Latin-America-Blockchain.jpg

Its technically "legal" but there is even more tax for using crypto in Venezuela.

The economy of Venezuela is in ruins so this has very limited impact. Pizza is a luxury meal a family may buy once a year, and Pizza from a foreign franchise is like 10 times more expensive.

The official monthly wage is equivalent to less than 1 USD. Only rich people get to eat Pizza.

Cryptobuyer is also linked to some dubious "bitcoin foundation" that is known to collect money "in the name of poor Venezuelans" but their members don't even live here and are quick to bash anyone even remotely suggesting any accounting of their activities. Sadly the Monero community were quick to give them tens of thousands of USD in one of those fundraising that never reach.

Actually you can make payments to fast-food chains such as Bitcoin, although only in an indirect manner. Pizza Hut gift cards are available in exchange for Bitcoin or Ethereum, and you can use these gift cards for making the payment. Also, pre-paid debit cards are available, which can be loaded with cryptocurrency. You can also use these cards to make payments at the Pizza Hut chain.

it's basically a thing that has to happen. seeing pizza hut companies with international brands and spread in many countries should be able to adopt this progress to facilitate transactions. this is great news and of course this is an example for other international companies to follow in the pizza hut's footsteps

It is positive news. Pizza Hut is a well-known company and I think they've got a branch for each country if they don't have one for some. The main good news here is that they are showcasing the real use of bitcoin or they are actually showing the world that there's use for bitcoin/cryptocurrencies. It is real and serious money that every common person and company can adopt and use it with daily lives. It's not just for investment purposes but with real transactions and value on it.

It is a good step towards developing and rising their popularity, those who understand it, they try to implement different ways of payment suitable for clients. But in case it will be too much from the point of view of the monetary fund or some other governmental institution, so what else they can do - regulate this, may be via implementing some limitations. But in case it will be adopted by the governmental institutions it would be really great.

great move actually but my opinion i think its will be much more better if they accept paying with bitcoin online directly , it gonna make the process much easier for the costumer to pay directly from his home with bitcoin and get pizza without walking out of his dor , this will help both of them

So this is about the Pizza HUt in Venezuela?
Actually, Perhaps it is not surprising that more and more companies accept Bitcoin as a means of payment in this country. because indeed the legality and utility of Bitcoin in this country are very advanced and available. Unless Pizza Hut around the world accepts Bitcoin as a means of payment, then this is great.  ;D

But at least, there are still may companies that we probably have.

Wow, now food chain is coming to accept cryptocurrency especially Bitcoin. This is very expecting and it is a great news for them who are waiting for a long time to see such news and to use their asset's on food chain like this one. More food chain will come in the coming days. Bitcoin as a payment will be great change to think cashless transaction.

Food establishments adopting bitcoin is a great step towards overall public acceptance of bitcoin. The importance of food plus the availability of bitcoin as a payment method may indeed spark people to gravitate towards using and investing on cryptocurrency. Though I still doubt it that bitcoin would be a currency, given the current situations.

Pizza hut will accept bitcoin this is a lot of good news for bitcoin this will further increase the popularity of bitcoin and allow bitcoin transactions through cash such as fiat currency the whole world will go digital investors will be much more profitable without having to redeem cryptocurrencies to buy anything. With bitcoin they can easily buy anything gradually crypto will be considered as the number one currency in the whole world.

There are many advantages that can be obtained by Bitcoin with Pizza Hut finally deciding to accept Bitcoin payments. This is can accelerate
the growth of Bitcoin. Moreover, Pizza Hut is famous and has very many customers, so it should increase the number of Bitcoin users. And
increasing people's awareness about Bitcoin too, this good news is can make Bitcoin to be accepted by other merchants as well. More and more
merchants are accepting Bitcoin payments, indirectly shows the government that Bitcoin deserves the opportunity as a payment. And I hope can
co-exist with fiat currency, so people can get alternative payment options other than Fiat.

So, we are going back to that history huh?

It's actually a great adoption for Pizza Hut, that makes people will eventually want to learn about Bitcoin even more and want to take a part on it. But, make sure to buy the bulk amount of pizza when you are trying to pay the bill with Bitcoin since you do not want to pay fees more than your pizzas bill, that is ridiculuous.

This is a good move for corporations to consolidate any payment system that accepts Bitcoin. After seeing this, there is no doubt that many large companies will be attracted to use Bitcoin as their alternative payment system. Not only pizzahut but in the near future I hope to be able to do all the daily transactions in Bitcoin.

Is there a chance that this will be implemented in their branches worldwide? hope they will because this is one of my fav pizza second to Yellow cab.
Well as Venezuelan government depending in Crypto now sure there will be more and more merchant ,foodchain that will follow or already accepting Bitcoin now.
Damn 20,000 shops in all kind?so this means Venezuela is the most accepting Bitcoin as payment in our timenoow?

As time passes in to think more and more restaurants, delivery services, and hotels would allow crypto payments. This could all happen in 2021. As far as govs are concerned they can't do anything as of now but with time they might impose strict regulations that won't directly ban crypto but rather discourage its usage. But this is only my prediction and hope that doesn't happen.

Wow, What a news. In upcoming time i can taste more delicious pizza with bitcoin. Well, it also will be most effective news for bitcoin users. By this achievement bitcoin is going to be a part of ours life very soon. Hopefully we can see bitcoin will be legal in our country very soon.

there are restaurants and hotels before that are already joining the crypto craze before pizza hunt and the fastfoods that are mentioned by the op but i never heard that there are food deliveries . i want to see more food deliveries join crypto because this service are also indemand right now , now that people can hardly travel outside

whats the difference ? i think both are the same . if they are concerned now why will they act later and use of cryptos right now are already big but itl become more bigger soon . better late than never but i will say better never than late because this isnt going to be good on the side of the crypto users .

it is true this can be an eye opener for those big food chain companies to start accepting bitcoin as payment method , it is much more better now since we are in pandemic cash can be a contact of virus that's why this kind of easy transaction where you can easily pay and just scan a QR code and wait up for your food to deliver, We are now in the future that other big companies start seeing this kind of things and we will be more expecting soon that more are coming with bitcoins.

This is a good one and I would like all those who think that Bitcoin is not achieving its main goal of being a transaction method to see this. Bitcoin is achieving that goal, a lot of businesses are starting to recognize Bitcoin and they are adopting it for their businesses in any means possible.

Companies are accepting and using Bitcoin to pay workers this time around, this was first started by cryptocurrency companies and then others that are focused in other areas have started doing the same, and this has made it easy for companies to employ people from around the world as long as they are fit for the position.

As a crypto enthusiastic I would like to appreciate the move by Pizza Hut. An International restaurant franchise now support Bitcoin payments, that's great. This sort of partnership will definitely give a big boost for bitcoin and help to increase the popularity of bitcoin and ultimately one step forward become mainstream payment chain.

Well, the government cannot do really much since its the establishment itself that stated that they will be accepting payments in the form of Cryptocurrency. This move would really just encourage others to adapt to/and adopt the Cryptocurrency Industry within their businesses since its helping and would add another versatile mode of payment to them.

https://www.google.co.in/amp/s/decrypt.co/49885/pizza-hut-now-accepts-bitcoin-ethereum-in-venezuela%3famp=1


You can refer this

20,000 Merchant all around the continent ?meaning it is not only Pizza hut that accepts Bitcoin but many establishments also.

It's always Good to hear that countries after countries are making their way to get along crypto ,From gambling in which now spreading the world and here merchants and not just that one of the most popular worldwide.

the thing is Does the people of these countries taking this advantage?or this becomes just a ads but the truth is not that being used for their constituents .

I wasn't aware of the innovation of the restaurants to accept Bitcoin and cryptocurrencies at this time, but with OP, I tried to search and found out that it is not just Pizza hut which adopts Bitcoin for transactions nowadays, even McDonald's, Burger King, Starbucks, Domino's Pizza, and Church's Chicken are now starting to do the same thing which implies a widespread cryptocurrency acceptance and a real interest in crypto. You can also view the resources that I've read here (https://www.bitrates.com/news/p/burgers-and-bitcoin-five-fast-food-restaurants-that-are-working-with-crypto). In addition, some are not just accepting Bitcoin for payments, they are also incorporating Bitcoin to be redeemed as a gift card rewards which really push market adoption of cryptocurrencies.

But let us not forget that the Country involve is venezuela in which trying to recover for the help of cryptocurrency so they surely accept Bitcoin as currency .
This must be happening and if More companies do the same then this is what we called adoption.
and government has nothing to do but accept and proclaimed Bitcoin as Legal tender.

Of course, it's great news for the cryptocurrency community. Bitcoin's value will multiply as it is used more. However, Bitcoin is a valuable currency that cannot be spent on pizza. Even now, it is possible to imagine the man who bought his pizza with Bitcoin, regretting it.

I would like this happen as well to my country specially those renowned food establishment. I just don't want to use my bank's ATM card directly and I want my bitcoin wallet to be in use when ordering my desired food online because I'm separating the funds on my bitcoin and on my atm which is what I used at work when getting salary.

LOL.. if you are directly paying from your Bitcoin wallet, and in case the confirmation takes a long time (30-40 minutes), then what are you going to do? Are you going to wait until it gets confirmed? A better option would be to use a third party payment processor such as BitPay or PayPal to make Bitcoin payments. PayPal hasn't enabled cryptocurrency payments yet, but I heard that they are planning to do it by mid-2021.

It's definitely a huge step towards the mass adoption. But is it really convenient to use Bitcoin for making a small purchases, especially when the fees are high?

Baby steps. I like the fact that a large organization has decided to put in the effort to accept BTC but I agree current fees are too high to swallow. A coin like Litecoin would be more feasible for this purpose.

Honestly, even if I could use just my BTC to pay for my everyday things with $0 fees, I still would not spend it.
The way I see it, BTC is an asset that will continue to grow if:

• Inflation continues to grow worldwide.
• Banks and large financial institutions continue to limit the poor from banking worldwide.
• Economic slow down and reduction of gains from stocks.

I am waiting till Bitcoin is closer to main stream adoption which I imagine will reduce the price fluctuations greatly as it will have turned from a growing asset to a currency.

What the point to buy pizza for 10 usd and pay 5usd in fees for btc transfer?

This is a welcome news for the crypto industry. If the market giant like pizza hut has enter in the crypto industry it definitely will be the extra added boost to the solidity of bitcoin and cryptocurrency as whole. As the popularity of bitcoin is surging like a rocket governmet will put some kind of laws to take down the crypto industry under their belt. 

This is a great news for crypto world. I think, now we see, pizza hut accept the bitcoin, but in future, there will be many companies which will accept btc.

the government should be able to try to support this. because in my opinion this ease of transaction makes crypto easier to accept in the community and proves that crypto is useful for the payment system