Dominos now accepts Bitcoin via LN

[stortz]

if it accepts transactions from the LN
does that mean that any coin with LN support can be used for the payment?

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[franky1]

the ordrrs for dominos > https://bitcoinist.com/lightning-pizza-lets-you-order-dominos-with-bitcoin-for-less-than-1-cent/

dang. such a naive article.
"instantly confirmed" "settled for under a cent"... dang they have no clue of reality.

[mk4]

if it accepts transactions from the LN
does that mean that any coin with LN support can be used for the payment?

The listed wallets on https://ln.pizza/about are only bitcoin lightning wallets:



and it says on their Twitter description: "Lightning fast pizza and bitcoin delivery lol"



So, yea. Bitcoin lightning only most likely.

[franky1]

gotta love the media over hype. untill you then read the details
"Over 150 people bought pizza with bitcoin this week by using the Lightning Network."
"We’re trying to make bitcoin fun again and illustrate that lightning is at a point where it is mainstream-ready.”"


seems stats are showing that although there were 1500 attempted orders in the last couple days, only 10% ended in success. with fold saying it was due to users having problems using the lightning wallets

"The largest barrier to conversion was setting up a new lightning wallet,” Reeves said, adding there were roughly 1,500 orders but only a 10 percent conversion rate because people struggled to use lightning-enabled bitcoin wallets."

https://www.coindesk.com/pizza-lightning-bitcoin

[Crypto one]

It's Great to see that a secure payment service providers are adding the Bitcoins lightning network to there list of payment options.
Hopefully we will soon see someone buying two Domino's pizzas for 10.000 satoshi.

[eternalgloom]

This is impressive I tell you Im not too surprised.
But please let me know when Pizza Hut accepts Ethereum and IOTA so then I have something to be excited about!

Huh? You're not excited when a major business 'accepts' Bitcoin LN payments?
You know you're on the Bitcoin Forum, right?

News like this does excite me. I mean, I see franky1's point that Domino's doesn't actually know they're accepting Bitcoin payments, but for the end-user it's still great (in theory).

[veleten]

I wonder if Domino's pizza even know about LN or bitcoin
foldapp is their partner and they are doing a good job promoting LN and bitcoin
in reality I highly doubt that they will be having many customers, as much as I love bitcoin and probitcoin
the mass adoption is not enough to take any good share of the market, probably 1-2% will be ordering pizza and paying with bitcoins, but this will definitely change soon
and if you are the first one, you get big advantage, so they are working for the future

[romero121]

Dominos accepting bitcoin via LN is good. Acceptance of bitcoin keeps growing and for the same faster confirmation is a must. In the past there were more and more corporate firms that accept bitcoin, but they stop the service in a short due to issues with transaction delay. Now this is fulfilled, so Dominos accepting bitcoin will continue forever.

[Kakmakr]

I hope people will take this opportunity to support this endeavor, because we have seen similar test runs with other popular food franchises and they stopped doing this, because there were not enough people who used this option.    Lazlo needs some pizza buddies. 

It will be interresting to see if this takes off or if this is just going to be a test run again. <Marketting gimick> I know KFC had a marketting campaign a few years ago, where they accpeted bitcoin payment at some of their branches, but that ended very quickly. 

[izanagi narukami]

This is how crypto being used.
If I can choose between crypto and fiat, I will choose crypto for instant and easy transaction.
Unfortunately my government still not agree with crypto stance at my place

[thankyoulord]

Dominos accepting bitcoin is a welcomed and a great news for the cryptocurrency commnunity. I strongly believe we will continue to witness people and companies including businesses adopt and use bitcoin for their daily transactions. This is just the beginning, more to come

[muhtesem]

I think it's a very logical step. So successful in terms of advertising and marketing. I'm sure it will possitive affect the dominos and hope that it will spread and continue.

[AB de Royse777]

I was surfing on the LN.Pizza site for Dominos then I noticed this: MADE WITH ♥ BY FOLD

So this is the site who developed the app for them: https://foldapp.com

If you read the How it works section then it literally reflect the LN concept.

Load
Send bitcoin from any wallet to load credit with store cash.

Pay
Pay for your order by scanning the barcode on your phone.

[nicecrypto]

I was surfing on the LN.Pizza site for Dominos then I noticed this: MADE WITH ♥ BY FOLD

So this is the site who developed the app for them: https://foldapp.com

If you read the How it works section then it literally reflect the LN concept.

Load
Send bitcoin from any wallet to load credit with store cash.

Pay
Pay for your order by scanning the barcode on your phone.

the awareness are gradually setting in, in no time a good number of people would try using this service to experience our beloved btc   we need to see more major businesses accepting crypto's as payment especially the well known once, the more the merrier   we need more adopters of btc, we need bull run

[thankyoulord]

this is indeed a good and a welcomed development for the crypto community. Dominos accepting bitcoin via LN is surely something that will motivate other big companies in adopting the use of bitcoin.

[teejayrichard2]

bitcoin acceptance and adoption is on the increase on a daily basis as we continue to see all kinds of business, companies and individuals accept and adopt its use. this will continue till bitcoin becomes a major means of transaction all across the globe.

[imstillthebest]

This is how crypto being used.
If I can choose between crypto and fiat, I will choose crypto for instant and easy transaction.
Unfortunately my government still not agree with crypto stance at my place

Aw that was bad to hear . may i know in what country you are residing ? Nowadays Its rare to see a place that restricts crypto since we all know that crypto is already in its honeymoon state  but dont worry bro sooner or later your place can surely unrestrict the use of cryptos because crypto is really the future of money  . i mean the  future of internet money rather , not in a way that it will replace fiat transaction .

[ovcijisir]

I am always excited when some store accepts cryptocurrency as a payment method because it leads to popularisation of crypto as well as crypto being used like currency and not like asset.

[cellard]

It's good they integrated bitcoin payment but... but it can't help them boost selling of their junk, apologize if anyone likes it but to my mind it's prices are huge compared to what you get to eat + that 5% sale is nonsense, at least where I live, very often they have 50% off on highest size pizza.
As I see btc payment comes from their partner, so will this continue for long? How soon will this news spread to their international stores?

what is more then likely is the middleman(fold) has reserves and bought alot of dominos giftcards at discount. and its fold that accepts LN and then pays dominos using giftcard. meaning fold uses the "50% off highest size" and has a further 5-10% off due to giftcard deals so is only really paying 40% of the price and then charging 95% to customers.

real funny thing is. due to the delivery time and cooking delay. there is no actual need for "instant payment"

the real niche LN would see is gambling sites and arbitraging between exchanges. .. you know, services where you find people using every day and needing to move funds in seconds... not a once a week treat that takes 30-60mins delivery

but hey, overhyping and playing around with how involved companies are. and faking big names involvement seem to be the foolish game of gimmickery that gets played out. which doesnt wash with many people and actually makes smart people less inclined to get involved

if only people stuck with the real events and not overhype/twist how involved a company is, including being upfront about flaws. then more people would see the benefits and atleast know the risks/issues to be well informed.

The way LN will shine the most is going to be on retail, person to person commerce. If you buy something, who cares if it takes a day to process the transaction or whatever, since it takes a day minimum to arrive for the package as best case scenario.


https://www.youtube.com/watch?v=2Fb6Xww2P7c

I like to think that in 2030 we will have LN on many retail places and vending machines with this drink:



And the interface will be insanely easy to use. The average joe doesn't care about anything that isn't press->send->receive good or service anyway. Anyone that cares about holding Bitcoin will figure things themselves.

[incomefromcoins]

pizza and bitcoin have both very close connection in adoption and dominos big brand accepting bitcoin is good sign