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Author Topic: KFC has accepted bitcoin payment in Canada? WOW!  (Read 1124 times)
abnxtofc
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June 12, 2018, 05:43:38 AM
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My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?
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June 12, 2018, 07:26:18 AM
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I don't think this is a common phenomenon. It may just be a publicity among several KFCs that they are trying to attract customers, and they will not always do this.Maybe just try for a few weeks.
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June 12, 2018, 07:45:29 AM
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It is really a big news in the current market dip. I think if KFC of all branches accept bitcoin as a payment option, a big demand as well as market flow would be generated. And it will affect on the price of bitcoin entirely.

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June 12, 2018, 08:04:25 AM
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It is really a big news in the current market dip. I think if KFC of all branches accept bitcoin as a payment option, a big demand as well as market flow would be generated. And it will affect on the price of bitcoin entirely.

It is a pretty old news so it has nothing to do with the current market dip in any way. KFC started accepting bitcoin payment through bitpay back in January, 2018. And no, we haven't yet seen any significant impact on the market due to this adoption news. The news link is given below for your reference,

https://www.coindesk.com/kfc-canada-is-accepting-bitcoin-for-fried-chicken/

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June 12, 2018, 08:11:33 AM
 #5

It is really a big news in the current market dip. I think if KFC of all branches accept bitcoin as a payment option, a big demand as well as market flow would be generated. And it will affect on the price of bitcoin entirely.
It's an old news bro Smiley This happens when the time Bitcoin and other alternative crypto currencies are sky rocketing to the moon. Cool

It is a pretty old news so it has nothing to do with the current market dip in any way. KFC started accepting bitcoin payment through bitpay back in January, 2018. And no, we haven't yet seen any significant impact on the market due to this adoption news. The news link is given below for your reference,

https://www.coindesk.com/kfc-canada-is-accepting-bitcoin-for-fried-chicken/

Yeah you're correct buddy that is old news and I read about that news months ago. I think KFC that time just wanted to join the Hype of Bitcoin early January and also some exposure to promote their company, I don't think that people will be interested on buying a KFC bucket meal using Bitcoin because of the high fees at that time.  Grin

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June 12, 2018, 08:20:29 AM
 #6

Maybe it's just a promotion. Payments via BTC are usually available at a promotional store or a new store.
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June 12, 2018, 08:23:16 AM
 #7

My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?

This means that bitcoin can be used to buy goods in canada, this is good news from your friends.
the more countries that support bitcoin the faster bitcoin will grow, of course in the future bitcoin will be more expensive, do you believe me?

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June 12, 2018, 08:24:16 AM
 #8

My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?
This is another marketing move. This will not bring convenience in payments, but will attract the attention of buyers. It's a way to remind yourself once again.

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June 12, 2018, 08:25:09 AM
 #9

as avikz said this is old news.
what it means is that it just shows to the whole world that bitcoin is a currency and a very good one at that. this is one of many different real world use cases of bitcoin and in short this is why bitcoin price rises in the long term whereas everything else drops in the long term. because bitcoin has real usage.














 

 

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wengden
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June 12, 2018, 08:26:40 AM
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Hmmmmpp. Nice strategy for KFC to gain more customers. I think this will just last for few days.
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June 12, 2018, 08:26:53 AM
 #11

This means that bitcoin can be used to buy goods in canada, this is good news from your friends.
Yes it is, but still if KFC accept it, it doesn't mean mass adoption. Clever move on their side though, virtually no risk for the products they are selling and long term reward for sure.
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June 12, 2018, 08:28:21 AM
 #12

Oh! Thank guys. I understand it now.
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June 12, 2018, 08:34:36 AM
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Oh wow. This is good news! For sure other food chains will consider and do the same in the future. And so, the tokens will have its great value in the market in the future.
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June 12, 2018, 08:35:19 AM
 #14

My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?

That sounds great. This is a better achievement for Bitcoin. As we know that KFC spread almost in all countries in the world, including in Russia and Eastern Europe such as Poland, Hungary and Lithuania.
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June 12, 2018, 08:45:07 AM
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Well bitcoin could be use to pay goods and services but of course it will all depend on the establishment if they will going to accept bitcoin or not. As we all know that bitcoin market price are constantly moving so meaning to say that the establishment that is willing to accept bitcoin will also going to take the risk that the bitcoin accepted will mean that there could be a loss on some of it especially when market price drop.

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June 12, 2018, 09:00:26 AM
 #16

My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?

This is not very new but yeah I think from this year it is possible. This means that they are experimenting with crypto to see how many new customers they can get onboard and to see if people are ready to pay with cryptocurrency. Many online places or yet KFC (which has physical stores) are looking into accepting crypto because they hope to aquire more customers that way. Few of them really do because they support it. But WHY doesn't matter as this brings us closer to addoption

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June 12, 2018, 09:08:41 AM
 #17

This nice marketing strategy to gain customer, this make possible  bitcoin user consider to buy food on KFC merchant and  KFC is one step ahead  then their competitor.
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June 12, 2018, 09:13:51 AM
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My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?
So good to hear that. It is good news to bitcoin. That will be means bitcoin are continuously spreading and increasing to it's adaptation. So it also proven that if there are many negative and bad news about it that spreading worldwide it's been a nonsense and also it always depends on people and the government on how they can understand and believe to bitcoin system. There are still a huge of people that are really open minded and not easily believe in the news and they are first thing to do is making a deep research and study about btc to confirm and be clear anything about it.


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June 12, 2018, 09:18:33 AM
 #19

My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?

It is a good thing that they accepted Bitcoin as payment, it is a good publicity for both bitcoin and KFC. It can influence other people to look positive way in Bitcoin rather than throwing nonsense negative issues, which mostly not true. People now can understand what's the use of bitcoin as payment. It can make them to invest with Bitcoin I am hoping that other business will be soon accepted Bitcoin as mode of payment and will give freebies

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June 12, 2018, 09:28:02 AM
 #20

maybe that's right, but according to my knowledge, Canada already has a bitcoin atm installation of more than 500 units,
it may also, give encouragement to local merchants to adopt bitcoin as an alternative payment transaction in Canada

https://coinatmradar.com/country/38/bitcoin-atm-canada/

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