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Author Topic: McDonalds to accept Bitcoin by 2018  (Read 8162 times)
Snub
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December 18, 2017, 03:07:30 AM
 #541

That doesn't make any sense.
I don't want to wait for my meal in Mac. Till my transaction is gonna to be approved
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Pamela Jobelle
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December 18, 2017, 03:16:53 AM
 #542

Yes that woul make sense. Since cryptocurrency is now in demand there are some countries didn't authorize cryptocurrency legal. But there are some country like UK legally accepted to their country and McDonald's is the first fast food chain accepting cryptocurrency.
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December 18, 2017, 03:29:05 AM
 #543

This will be the best news one can get if it were to become true,but if we think practically who would like to pay in Bitcoin in consideration to present transaction fees.The irony is that if you pay via bitcoins you will have to pay more transaction fee than the meal.
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December 19, 2017, 03:29:43 PM
 #544

Well it is a really great news that mcdonalds will accept bitcoin because the food will be cheaper and easier to buy. Bitcoins is a digital currency that's why it has a secured and fast transaction and it was really a good idea if bitcoins can be used on a fast food stall.
This is a great news for all the Mcdonalds lovers and also good for those who want to pay in bitcoins for their burgers. The only thing which I think will hurdle them is the transaction confirmations times. Sometimes customers might have to wait for long in order to confirm their payments through bitcoins which can make the queue a bit longer at their shop.
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December 19, 2017, 11:21:35 PM
 #545

That doesn't make any sense.
I don't want to wait for my meal in Mac. Till my transaction is gonna to be approved

Guess when lightning network will implemented this would make more sense.

It would nevertheless accelerate the adoption of cryptocurrencies a lot if McDonalds would decide to accept Bitcoin payments. I guess this would be comparable to Amazon picking up Bitcoin.
Halcyon Days
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December 19, 2017, 11:32:42 PM
 #546

Currently it is really hard to use BTC in everyday life.
Firstly, the transaction fee is too high.
Secondly, the transaction time is too slow.
Thirdly, the price is too unstable as the price speculation is going on.

There was a reason, why Steam stopped accepting BTC.
If especially the first two issues gets resolved, this will be a major step for BTC. Are there any plans by the core developers to address these issues? If so, when and how?

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lizardbtc
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December 19, 2017, 11:47:28 PM
 #547

Currently it is really hard to use BTC in everyday life.
Firstly, the transaction fee is too high.
Secondly, the transaction time is too slow.
Thirdly, the price is too unstable as the price speculation is going on.

There was a reason, why Steam stopped accepting BTC.
If especially the first two issues gets resolved, this will be a major step for BTC. Are there any plans by the core developers to address these issues? If so, when and how?

BTC has brand thats why it is dominating, but we can see from coinmarketcap.com that its dominance is slowly slipping off from alts, until and if some measures are taken to address this issue.


Have you been paying attention to the news and all? Thats why we ended up with first hard fork and some other ones down the road.... On the bitcoin they are testing LN - lighting network , SegWit curretly it is being tested on bitcoin testnet, Just google it or you might find videos on youtube about it. Thats why some forks (BitcoinCash, BitGold, BitCore etc.) have implemented some things and have working prototypes now, it will take some time for bitcoin to adopt to LN and it may or may not solve the issue, but it can get close to solving it. Wait and see what happens.

https://www.youtube.com/watch?v=o_pTB8gCuvQ&feature=youtu.be&a=&app=desktop -DEMO on testnet

You can play with testnet as well, more info https://www.reddit.com/r/Bitcoin/comments/7kv04t/you_can_try_a_testnet_bitcoin_lightning/
Kong Hey Pakboy
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December 19, 2017, 11:49:46 PM
 #548

If we are going to used bitcoin to buy products in McDonalds, is these happenings will open that Bitcoin must have taxes too. It is good for us to use Bitcoin for transaction because it can lessen the waiting time of people and the accommodation per shops will be big since they can entertain many people. Once McDonalds accept Bitcoin as payment, for sure any of its competitors will also do this implementation.

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dogandogru
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December 19, 2017, 11:52:48 PM
 #549

Gaining popularity of BTC as a alternative payment mode encourages various food joints and grocery stores to accept it as payment in near future.
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December 19, 2017, 11:56:02 PM
 #550


While I thinks it's great for bitcoins, there are a couple of things I am worried about:

1. In some cases, the cost of a transaction will exceed cost of a meal
2. If they wait for multiple confirmations, it could be a very lengthy wait for a meal

But, I still think an accepting bitcoin logo outside McDonalds could help raise awareness.

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December 20, 2017, 12:08:47 AM
 #551

Yes this is good to know because it means that mcdonalds is accepting the new currency which is called cryptocurrency regarding bitcoin. Its possible that other fastfood and restaurants will also accepting bitcoin as a new payment. This changes proves that cryptocurrency is being accepted by the society.
Blackwhite69
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December 20, 2017, 12:15:48 AM
 #552

Gaining popularity of BTC as a alternative payment mode encourages various food joints and grocery stores to accept it as payment in near future.

This will increase the population of Bitcoin and make Bitcoin known to many people who do not know him.
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December 20, 2017, 12:26:57 AM
 #553

There are less than 2 weeks left of this year and still nothing is heard. I knew that was nonesense. I think people will adopt bitcoin too quickly then and I want to save more btc before that happens.
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December 20, 2017, 12:28:38 AM
 #554

I am not sure how long this HYIP will last for but you can triple your bitcoin with as low as 0.05BTC investment within 36 hours! visit http://www.btcflame.com for more info. I have tried it and it works
kallen02
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December 20, 2017, 12:48:45 AM
 #555

Is this true? Well if this happen it would be a great start for the year 2018. Some company will follows like malls, other fast foods company and many more. For us this will be a good opportunity and advantages because we are already bitcoin users. We can easily purchase or shop using our bitcoin. And for companies also, accepting bitcoin can boost their sales and helps level the playing field with their competition and very convenient to the customers.

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December 20, 2017, 12:52:47 AM
 #556

I like this, which means that when I go to eat McDonalds I do not have to bring money but just remember my bitcoin wallet. Accepting payment by bitcoin is what will happen in the future of all trading systems.
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December 20, 2017, 01:16:17 AM
 #557

Well, this is good news, all people loves eating in fast food chains, and its a great thing that McDonald's will start accepting bitcoin as payment. If I'm hungry and super rush to it something and I don't have a cash, It's very convenient to me to just go at McDonald's and just pay through bitcoins, using only my phone. I'm so excited to see that bitcoin is becoming an alternative payment on our everyday transactions.

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December 20, 2017, 01:18:55 AM
 #558

It was a very nice idea if they are going to implement the bitcoins payment method on fast food restaurant like mcdonalds. The prices of the goods will decrease because the bitcoins value is high that's why it will be advantage for us consumers.
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December 20, 2017, 03:24:38 AM
 #559

It was a very nice idea if they are going to implement the bitcoins payment method on fast food restaurant like mcdonalds. The prices of the goods will decrease because the bitcoins value is high that's why it will be advantage for us consumers.
I think it will not decrease the price because you still have to pay how much it really cost when converted to fiat, or else they're not going to get a good profit. It will only depend on them if they're going to convert it right away to their local currency. I guess when this is implemented it is better to buy when the price of bitcoin is high, it will cost you less bitcoins by then.

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December 20, 2017, 03:28:28 AM
 #560

i think if that will be approve it is become cool because some users have bitcoin is not have to paying a money but cause they pay with bitcoin for better transactions that will be a great communication with McDonalds!

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