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Author Topic: You can buy KFC chicken by Bitcoin  (Read 1680 times)
KeithDemarc (OP)
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January 24, 2018, 09:30:36 AM
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Recently, KFC Canada has accepted Bitcoin payments for a short period of time. However, Bitcoin can only be used to place orders online, and only to purchase a new item called "Bitcoin Bucket". And all this special deal will be handled by Bitpay, a fairly common Bitcoin trading tool. Its really interesting news, I wish that I can also buy chicken with Bitcoin in my coutry.  Roll Eyes
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freightjoe
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January 24, 2018, 09:33:21 AM
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Recently, KFC Canada has accepted Bitcoin payments for a short period of time. However, Bitcoin can only be used to place orders online, and only to purchase a new item called "Bitcoin Bucket". And all this special deal will be handled by Bitpay, a fairly common Bitcoin trading tool. Its really interesting news, I wish that I can also buy chicken with Bitcoin in my coutry.  Roll Eyes

Major (9 Billion USD)  payment provider Stripe has just announced today they stop supporting Bitcoin payments - they conclude it because fewer and fewer are using it, and at the same time fees and transaction times makes it useless as a means of payment. You can see the details on their own website: https://stripe.com/blog/ending-bitcoin-support
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January 24, 2018, 09:36:28 AM
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With it being a franchise model I suppose it will be mostly down to individual franchisees. I wouldn't get to excited about this. If it was a big e-commerce player then that would be news but this is no different to a corner shop accepting bitcoin.

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Tharel
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January 24, 2018, 09:49:49 AM
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Its a very good news for all the consumers in Canada, I hope other fast food chain all over the world will follow accepting bitcoin as payment.

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January 24, 2018, 11:16:17 AM
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This is nice. If a store as large as KFC will begin to accept bitcoin then it is a start. Im happy that huge business are starting to accept bitcoin. I hope Mcdonald's and Pizza chains will start to accept digital coins as payments too. This is faster way of making an order online.  KFC is only accepting "bitcoin Chicken" i hope we can purchase more from their menu soon.

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January 24, 2018, 11:38:40 AM
 #6

This is nice. If a store as large as KFC will begin to accept bitcoin then it is a start.
NO IT IS NOT! Who that is not completely out of his mind would buy anything when the fee is 25$? Of course you can pay a lower fee but then you have to wait 3 or more days before they can deliver the food.
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January 24, 2018, 11:47:50 AM
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I think this is a step in a great direction for bitcoin, most especially having the KFC brand name behind it. Even though for now its via online payment. If it is a success, of which I think it would be, other major companies will join in.

Last year, Business Insider report showed how difficult it is to spend bitcoin, even with online payments at a restaurant. The restaurant has now closed down. Link: https://twitter.com/businessinsider/status/923287320085766144?lang=en

Hopefully KFC can successfully pull it off!!!
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January 24, 2018, 11:49:08 AM
 #8

However just to come to any local point of KFC food and pay bitcoins at the ticket office will not work you can only order a basket from a limited series at home. To make online payments KFC enlisted the support of the Bitpay operator and you can track the current price of the Bitcoin-Basket in btc using a special tracker on facebook. The bucket of chicken itself will cost about 20 Canadian dollars (plus taxes and $ 5 CAD for shipping).
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January 24, 2018, 11:52:26 AM
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However just to come to any local point of KFC food and pay bitcoins at the ticket office will not work you can only order a basket from a limited series at home. To make online payments KFC enlisted the support of the Bitpay operator and you can track the current price of the Bitcoin-Basket in btc using a special tracker on facebook. The bucket of chicken itself will cost about 20 Canadian dollars (plus taxes and $ 5 CAD for shipping).

plus a considerably high fee for a bitcoin transaction, or did they menage to get passed it somehow?

An off-topic (but funny, so I will share) thought has occured to me: it seems that KFC will be needing to implement KYC now.

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January 24, 2018, 11:54:46 AM
 #10

I think, with such "progress" we can even give BTC to some random beggars and homeless people on their wallets in a couple years. Techo terror. Lips sealed
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January 24, 2018, 11:55:22 AM
 #11

I don’t know if i’d use my bitcoin to buy some chicken, lol.. but still it’s obviously a good step for bitcoin and of course for all cryptocurrency world.

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Gogochen
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January 24, 2018, 11:57:17 AM
 #12

It sounds interesting, and I hope I can use BTC in KFC to buy Fried chicken.
But there is still a serious problem, and when my deal is confirmed, maybe my Fried chicken is already cold, so it's not good enough. Roll Eyes Roll Eyes

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January 24, 2018, 12:26:03 PM
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I think as the acceptance of Bitcoins keeps on increasing, we will only see the increase in price.
piter66
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January 25, 2018, 04:03:09 AM
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Seems like a pretty interesting thing to me, I like this idea but like how are they managing to do it with the fluctuating BTC prices?
mkettler
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January 25, 2018, 04:30:51 AM
 #15

Recently, KFC Canada has accepted Bitcoin payments for a short period of time. However, Bitcoin can only be used to place orders online, and only to purchase a new item called "Bitcoin Bucket". And all this special deal will be handled by Bitpay, a fairly common Bitcoin trading tool. Its really interesting news, I wish that I can also buy chicken with Bitcoin in my coutry.  Roll Eyes

Major (9 Billion USD)  payment provider Stripe has just announced today they stop supporting Bitcoin payments - they conclude it because fewer and fewer are using it, and at the same time fees and transaction times makes it useless as a means of payment. You can see the details on their own website: https://stripe.com/blog/ending-bitcoin-support

And how is this connected to what the thread is about? I didn’t know that stripe sells chicken nuggest for BTC
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January 25, 2018, 04:47:08 AM
 #16

Canada has accepted Bitcoin payments to buy KFC chciken and pay by bitcoin payment, that is good inovation for bitcoiner in Canada, they can make payment when buy KFC and pay it by bitcoin, just waiting in another country will be can make payment by bitcoin or not. KFC is the greatest restaurant have give the good service for bitcoiner to make payment by bitcoin and I am so happy if can be there and make payment by bitcoin too.

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sagor0707
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January 25, 2018, 04:57:27 AM
 #17

Customer and KFC chicken Seller:

Customer: Do you have Fried Chiken?
KFC seller: Yes When you want ?
C: Now , How Much it?
KFC: sir ,Only 3$ and 10$ bitcoin fees

It is real jocks Now.  We need proper solution to reduce bitcoin fees then It will wellcome Kfc or others
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January 25, 2018, 05:05:32 AM
 #18

This is a good news for this platform, Day by day Bitcoin is getting accepted in many renowned platforms so that the usefulness of Bitcoin is becoming high and high. But I don't to spend my Bitcoin for this purpose anymore. Bitcoin is a valuable tool for me, So that I would like to save Bitcoin for the future purpose.
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January 25, 2018, 05:32:38 AM
 #19

Jan 12, 2018 Fried chicken chain KFC Canada is accepting bitcoin – for a limited time and for a cryptocurrency-themed bucket of chicken so i think in the future whole system kfc can accept payment for bitcoin
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January 25, 2018, 05:43:17 AM
 #20

Wow it's great news , hope in my country kfc Will accept bitcoin as payment. And for fee, we must do something, the price of fee is very expensive than chicken KFC
Maybe we must fork again

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