KFC to accept Bitcoin!

[Lanacoco]

Only KFC in Canada, many countries have not accepted the BTC.
As in my country, Vietnam bans trading with BTC since 2018.
Can not understand...
I think ... because the government is afraid of uncontrollable money.

[shadowdio]

nope, I'm not going to buy 1 bucket of chickens with bitcoin, the bitcoin transaction fees are insane and how long to confirm it, 1 hour? waiting 1 hour for the chickens. I'm okay with dogecoin low fees, why don't they create a token sample name like KFCtoken.  

[jossiel]

It's a good adoption and advertisement for bitcoin but for those bitcoin holders they won't spend too much fee just to buy that bucket.

If I'm in dire situation and I'm craving for their chicken or hunger is striking me bad then I might be forced to sell off or pay them with some of the bitcoins that I'm holding.

But it's just on Canada, do they have plans on expanding this to their other branches all over the world? The manager of KFC Canada seems to be a crypto supporter.

[ShadowBits]

https://finance.nine.com.au/2018/01/12/09/46/kfc-canada-allows-users-to-pay-for-chicken-with-bitcoin

LOL, wasting your high fee'd Bitcoin for a friend chicken is not a good idea. I would rather starve than eating there with my precious Bitcoins.

[indopool]

it only applies in the country of Canada, what about other countries?
a good start BTC can be a food payment tool

[CloudM]

A fast-food company good at advertising on social media huh

The trading fees will be way more than their stupid fried chicken

[MattLeBlanc]

Are you guys not familiar with the pizza story.? I guess the guy did suicide already but probably not his mistake. No one knew it could grow this much and also it was a big thing at that moment.

I would not buy some for food right now as there is still space for pumps.

[jonval21]

fee must be lower so people can spend bitcoins buying in KFC.

[UAE Seasider]

I keep on seeing stories like this and they seem little more than a gimmic. In reality the cost of the transaction fees alone would problably be way more than you actual items purchased.
Why not make life easy for yourself and get hold of a working Crypto Debit card where you can spend your crypto coins if you want to without all the hassle?

Centra is positioning itself as the leader of the pack due to restrictions placed on TenX  (again!) and Monaco with no product yet.

I have already purchased from ebay using Bitcoin, from a pizza store using Ripple, and a round of drinks at a night club.

[Nanda Dewi277]

it only applies in the country of Canada, what about other countries?
a good start BTC can be a food payment tool

In my country KFC has not received payment using Bitcoin, maybe with this news, KFC in my country will receive a fee using Bitcoin. this is great for promoting Bitcoin to become more famous

[hendra12]

maybe bitcoin is more worth it if we keep it and hold than we buy it a KFC. unless you don't have money anymore and you starving.  

[Trading Eye]

who will paid $17 fee for buying chicken $5 .
hopes this year got new innovation againt regarding fee to take more big company will use it crypto as the payment.

[heureca]

https://finance.nine.com.au/2018/01/12/09/46/kfc-canada-allows-users-to-pay-for-chicken-with-bitcoin

At least it is good for bitcoin popularity=) of course it seems strange to pay with BTC considering current bitcoin fees. Fee price will be more than chicken price=)

[MisterPrada]

transaction times are about on par with my local drivethru wait times.

[Haunebu]

It's a good adoption and advertisement for bitcoin but for those bitcoin holders they won't spend too much fee just to buy that bucket.

If I'm in dire situation and I'm craving for their chicken or hunger is striking me bad then I might be forced to sell off or pay them with some of the bitcoins that I'm holding.

But it's just on Canada, do they have plans on expanding this to their other branches all over the world? The manager of KFC Canada seems to be a crypto supporter.

I agree with your points. It is good to see more and more stores accepting bitcoin as an alternative source of payment, but the bitcoin network fees is a big obstacle indeed. I have faith in the developers of bitcoin and I believe that they will integrate new features like the lightning network etc in the near future in order to combat this problem and reduce the transaction fees.

I am not sure if the KFC branches in my country are willing to accept bitcoin as a source of payment yet, but based on what I have heard about them, I think they might support this move. Am optimistic about this move.

[chipzeru]

I think it would be better if KFC waiting for ICOs project like TenX, Crypterium or PundiX to be available in Canada and partnered with them. Those project offers user to buy stuff using cryptocurrencies like bitcoin, ethereum etc so the merchants will receive fiat money even if payment is made in cryptocurrency by real time conversion with low fees.

[Nana_Marini]

Now, it is time for modern technology. Many outlet of food and beverages receive bitcoin for the payment. Not only outlet of food and beverages, some hotels, some dealer, and many others receive bitcoin for the payment

[Gardar]

It is great that more and more shops acept bitcoin, but actually i wouldnt pay with it cause it will go up.

The best thing to do is make all shops with bitcoin payment and make bitcoin stable (not yet pls, i wanna earn more money hahaha) and then, you can buy with bitcoin. Until that hodl hahaha

[skyland999]

I'm not gonna pay for fried chicken with bitcoin, period, unless I'm starving and have no fiat in my ppcket, bank, or hidden under the mattress.  I'm not exactly the definition of a hodler, but it strikes me as a big waste to buy something with bitcoin that's going to end up in the septic tank.  Makes sense, right? 

The other thing is that it's totally impractical, with the outrageous fees and confirmation times. That's going to be some seriously cold chicken after 1 confirmation--and I can pay with fiat for free.

yes I agree with you with that little thing I will not use bitcoin as payment media, I will use it if there is a situation that I should do

[bitfocus]

That's KFC Canada, not worldwide. But I appreciate this step, Bitcoin is getting acceptance more and more with such steps. Well. I'm not gonna spend my Bitcoins there while I visit Canada next summer - I would pay them cash and save my Bitcoins