1Referee
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June 29, 2017, 06:37:13 AM |
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Most of these merchants or retailers have very good CCTV systems that can be used to link the identity of the user with the Bitcoin wallet that are used.
Is this good for Bitcoin? ^hmmmmm^
The point is that you should use a different address each time you settle one or more purchases. Say, if you transfer an x amount of coins from a mixer, exchange, etc, to that throw away address, and after a few purchases you burned through your balance, you simply delete that address. Isn't that difficult, right? No one with a decent functioning brain will use an address in such circumstances all the time.
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boyptc
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June 29, 2017, 06:55:16 AM |
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This news from Russia and the other news from Poland just yesterday - it's just another step further to Bitcoin mass adoption and more people reading and learning the power of the blockchain. This is awesome.
They are popping like mushroom and for sure we'll see another restaurant coming from South Korea. From the past month there is an airline in Japan that started to adopt bitcoin. And I don't know what's going to be the next establishment or company that will adopt bitcoin.
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RadiantCoin
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June 29, 2017, 07:16:13 AM |
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Acceptance of bitcoin in local food chain market is a big leap. Maybe fees and conversation will be exaggerating but it will cool down and stabilized later on once many demands and usability from consumers...
Posted From bitcointalk.org Android App
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aTriz
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June 29, 2017, 07:31:53 AM |
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It really does seem like that Burger King wants to stay ahead in this more and more cashless society. I applaud the executives(at least in Russia because as you stated, there semes to be no one in america or any other country doing this) of Burger King, they have definitely taken a right step. I really wish that McDonalds and Dominos, even KFC can follow in Burger King's footsteps. Any merchant that accepts bitcoin is a good thing - let alone transnational corps that have millions of followers worldwide. Though I wonder how they will address the transaction fee and confirmation issue. By using Bitpay as a payment gateway?
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hisuka2987
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June 29, 2017, 08:03:51 AM |
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This is a great and big adoptive move from Burger King's side, although this isn't the biggest branch but I guess this shows the popularity of bitcoin in Russia even making it a popular demand and in the same time shows the positive view the government of Russia is having to bitcoin right now.
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apoorvlathey
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June 29, 2017, 08:06:15 AM |
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Great to see another fastfood joint accepting bitcoin ! It is not new though, some of subway outlet started accepting it way back in 2013 !
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NUFCrichard
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June 29, 2017, 08:19:01 AM |
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2 quick questions though: How many Burger Kings are there in Russia? Here in Germany they are fairly rare, especially compared to in the UK. It looks like the 1st opened in 2010, I guess there aren't many.
How and why will people pay for a $5 burger with a $3 fee? They would have to be stupid to do it!
Still better than nothing, but these kind of idea don't work anymore, Bitcoin fees are too high for Bitcoin to be used as a currency.
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HeRetiK
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June 29, 2017, 08:23:54 AM |
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Bitcoin fees are too high for Bitcoin to be used as a currency.
Which will hopefully change with the deployment of segwit. I personally also can't wait to use Bitcoin for smaller payments again.
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Shenzou
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June 29, 2017, 08:25:45 AM |
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I recently have noticed that many bussines and famous brands are intrested with bitcoin since it became more famous with its high price and they are starting to expirement with it and accept it as a temporery payment method to see how things go, so people whp own bitcoin and want to spend it find places to do so, and the bussines owners get the chnace to invest directly in bitcoin
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Russlenat
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June 29, 2017, 09:11:05 AM |
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Bitcoin fees are too high for Bitcoin to be used as a currency.
Which will hopefully change with the deployment of segwit. I personally also can't wait to use Bitcoin for smaller payments again. Bitcoin payment is good and this is all we waiting for to buy things and goods using our bitcoin, but for me I have a little problem with bitcoin payment because of the delay of the transaction and the network fee.
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rickbig092
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June 29, 2017, 09:40:51 AM |
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Bitcoin payments can work very much IMO and rather than just scanning a CC then the device will scan a hardware wallet and authorizing a transaction, The bitcoin system can allow a perfect payment interface. Regarding confirmation, The risk is much lower than bitcoin fraud and the system can automatically ask for higher fees, reducing double spend risk to almost zero.
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HeRetiK
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June 29, 2017, 09:41:42 AM |
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Bitcoin fees are too high for Bitcoin to be used as a currency.
Which will hopefully change with the deployment of segwit. I personally also can't wait to use Bitcoin for smaller payments again. Bitcoin payment is good and this is all we waiting for to buy things and goods using our bitcoin, but for me I have a little problem with bitcoin payment because of the delay of the transaction and the network fee. There is no delay if you don't wait for the first confirmation. For small payments the risk of a double-spend is negligible. For example Bitpay "confirms" instantly, given the paid transaction fee is high enough.
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ChrisPop
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June 29, 2017, 09:54:07 AM |
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The "pizza" businesses should take advantage of that unforgettable story when someone bought a pizza for 10,000 BTC and now that amount is worth around 27 millions. I just say it could be a great marketing advantage for them. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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talkbitcoin
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June 29, 2017, 10:03:39 AM |
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interestingly enough i keep seeing the food related businesses like the one OP says are starting to accept bitcoin. specially if you check out reddit you can see a lot of news similar to this. from big businesses to small ones such as a sandwich truck. i remember reading that a small sandwich truck had to stop accepting bitcoin because of all the attention it was getting from people either getting excited to see someone is accepting bitcoin or many who wanted him to explain what bitcoin is.
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Maccus
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June 29, 2017, 10:06:41 AM |
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Awesome ! Hopefully when I will get to Russia next year for World Cup I will be able to find food ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) !
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Panda Trump
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June 29, 2017, 11:36:59 AM |
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Not clicking on the link (I never click on links here).
Is it every Burger King in Russia or just a select few? If it's all of them then it could be really good.
That's dumb. Cointelegraph is a trusted source. And look at all replies now? If all these people responded without trouble, you still do not trust the link? WEIRD!Look, if you see the links like "GiveMeVirus.com" or "Virus.me", you shouldn't click it... But if you see links like "bitcointalk.org", DEFINITELY click those! You might miss something important and be too late at the new hype and lose all your money! Conclusion: Just click those links, bruh.. Regards, Trump
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Xester
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June 29, 2017, 11:51:34 AM |
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Really? Well I do not get excited because perhaps I will still have to fall in line. My bitcoin is too precious to pay it for fries, burger, and drinks. But if I run out of money and feel hungry then maybe I would buy some through my bitcoins. Hopefully that the Burger King here in our country would do the same thing. And hopefully McDonalds and Shakeys will follow.
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bering
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June 29, 2017, 11:55:31 AM |
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burger called fast food but if the payment use bitcoin again i was wondering that will we still call it fast food because the speed of bitcoin transactions was pretty low currently unless we increase the fees for each transactions and i think people will think twice if they buying $5 burger including fee $2 because for a burger that was expensive so in my point of view transactions use bitcoin will not too effective for the restaurants or food stores
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chocolah29
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June 29, 2017, 12:19:11 PM |
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Great to see another fastfood joint accepting bitcoin ! It is not new though, some of subway outlet started accepting it way back in 2013 !
Oh is that so? Can I know the outcome of btc payment is subway outlet? Are there many btc enthusiasts pay with their btc? How's the payment? Oh I wonder what it'll become. Like I was just not into btc payment in some other resto or food chain. It pisses me off when thinking that I'll pay some dollars for one meal and the worst is waiting for slow transaction. Like I'm gonna starve to death while waiting. Hope this will implement when these issues are resolved.
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aesma
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June 29, 2017, 02:39:29 PM |
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burger called fast food but if the payment use bitcoin again i was wondering that will we still call it fast food because the speed of bitcoin transactions was pretty low currently unless we increase the fees for each transactions and i think people will think twice if they buying $5 burger including fee $2 because for a burger that was expensive so in my point of view transactions use bitcoin will not too effective for the restaurants or food stores
It's fast food to eat, not to buy ! You need to order it the day before, and hope it confirms. If it doesn't, you can thank bitcoin for the opportunity to lose some weight !
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