The Calm Before The Storm

[weidex]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

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[mk4]

Note: Don't get too excited just yet. This is only for Germany(currently, at least). https://cointelegraph.com/news/burger-king-lets-you-pay-your-way-in-germany-with-bitcoin

Anyway, while there are a few big companies in the past like Steam that removed their bitcoin payments option, if you're actually watching bitcoin related news for a while, it's easy to notice that adoption is in a steady uptrend(with a few dips here and there and a few drops due to price volatility).

[Mulann2]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Btc have come a long way,  10yrs of trying to gain recognition is not easy, it's about time we start to see more this from different merchants, local stores, market place etc, yeah, I would say the the time of adoption is fast approaching and we can see it from all the similar news as this one, Good.

[Mpamaegbu]

Note: Don't get too excited just yet. This is only for Germany(currently, at least). https://cointelegraph.com/news/burger-king-lets-you-pay-your-way-in-germany-with-bitcoin

Anyway, while there are a few big companies in the past like Steam that removed their bitcoin payments option, if you're actually watching bitcoin related news for a while, it's easy to notice that adoption is in a steady uptrend(with a few dips here and there and a few drops due to price volatility).

Why shouldn't we get excited over this...Lol. We all should. It's a great development towards mass adoption. At least after China banned Bitcoin in error and we survived it. Anything pointing towards straightening Bitcoin is a welcome development. Believe me, the Chinese govt will regret its 2017 action when finally adoption is achieved.

[fudster]

Storm doesn't sound like a good thing to me. Katrina killed many lives. 

Note: Don't get too excited just yet. This is only for Germany(currently, at least). https://cointelegraph.com/news/burger-king-lets-you-pay-your-way-in-germany-with-bitcoin

Anyway, while there are a few big companies in the past like Steam that removed their bitcoin payments option, if you're actually watching bitcoin related news for a while, it's easy to notice that adoption is in a steady uptrend(with a few dips here and there and a few drops due to price volatility).

The article says Burger king already started accepting BTC since 2017. The branch must have suffer loss due to this but right now if they didn't sell yet they could be holding the futures. It be interesting to know how much BTC they collected so far up to this day.

[bkbirge]

The article says Burger king already started accepting BTC since 2017. The branch must have suffer loss due to this but right now if they didn't sell yet they could be holding the futures. It be interesting to know how much BTC they collected so far up to this day.

I can almost guarantee that they immediately convert to fiat upon receipt of bitcoin. We are a long way off from transactions staying completely in crypto through the entire lifetime.

[nicecrypto]

The article says Burger king already started accepting BTC since 2017. The branch must have suffer loss due to this but right now if they didn't sell yet they could be holding the futures. It be interesting to know how much BTC they collected so far up to this day.

I can almost guarantee that they immediately convert to fiat upon receipt of bitcoin. We are a long way off from transactions staying completely in crypto through the entire lifetime.

Yeah, because you never know what direction the market will decide to go, keeping transactions in btc for along time is risky for businesses because of it's high volatility nature,  can't exactly blame them for that, market fluctuations has not exactly given people any choice.

[DdmrDdmr]

Burger King’s payment is available in Germany through Bitpay, either in BTC or BCH.

I figure Burger King themselves will choose receive their payment settlements in fiat, and not in crypto.

[Kemarit]

Burger King’s payment is available in Germany through Bitpay, either in BTC or BCH.

~ snip ~

I figure Burger King themselves will choose receive their payment settlements in fiat, and not in crypto.

Right, so this is not P2P as everyone as expected, a middleman is still needed in this case, Bitpay - the largest bitcoin payment processor. But we have to understand that this is Germany wherein Bitcoin adopted is really huge so no surprise here. But regarding mass adoption? We still have a long way to go, perhaps LN could help us achieved that so we will have to wait a big and see how it goes.

[milewilda]

Burger King’s payment is available in Germany through Bitpay, either in BTC or BCH.

~ snip ~

I figure Burger King themselves will choose receive their payment settlements in fiat, and not in crypto.

Right, so this is not P2P as everyone as expected, a middleman is still needed in this case, Bitpay - the largest bitcoin payment processor. But we have to understand that this is Germany wherein Bitcoin adopted is really huge so no surprise here. But regarding mass adoption? We still have a long way to go, perhaps LN could help us achieved that so we will have to wait a big and see how it goes.

LN integration will really be the best when it comes to payment processing and transfers but we know that its still on development so talking about it is still irrelevant.
At first read up i though Burger King in Germany accepts p2p but as stated they do make use of Bitpay which im aint surprised since they do try to make themselves safe from volatility but at least we do able to see that theres already a recognition.

[Harlot]

Not until I see the companies accept Bitcoin directly and not to another third party payment processor I don't see mass adoption happening simply because of an added step involved. Our Bitcoin wallet is created to directly pay to the other end and it's not created for us to send our money to another third party for them to handle the payment for us. This makes the process much more complicated for others and they might find it unappealing to use when they already have a much more convenient way to pay for this products.

[scambust]

Burger King in Germany gets the fiat equivalent of the BTC you pay through Bitpay. It would have been an accounting nightmare to include bitcoins in the journal as another form of currency since, you already know, the value fluctuates wildly.

[mazdafunsun]

This is cool, it is excellent news when application adds an option to do so, because it is much more convenient to pay on device than physcially.
This means bigger impact and overall positive effect to crypto currencies.

[dul48]

Agreed, it's on this way. But I haven't used crypto as a payment yet..

[angelo2]

I think it's cool and I will use it!

[Shutup]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Yes maybe this will be the time to calm down but I believe there's a big break in the future to become a storm. A storm that will give hope to all bitcoiners that we all benefits to the promising price of bitcoin in the future. Its really hard to wait but theres a bih hope in trading. 

[Reatim]

Anyway it’s not only Burger King accepts bitcoin.

But yeah I believe that the food chain will not hold any of their bitcoin payments under their cash register instead they will surely convert it once receive because business earns from day to day basis and not for investing,and maybe they were just ride the hype of 2017 to decide accepting crypto

And as what DdmrDdmr stated it’s BitPay stands as middleman for Burgerking to receive fiats whenever the costumer pays crypto.

Agreed, it's on this way. But I haven't used crypto as a payment yet..

Unless you are from Germany?so you can pay Burger King using cryptocurrency

[bitart]

Burger King in Germany gets the fiat equivalent of the BTC you pay through Bitpay. It would have been an accounting nightmare to include bitcoins in the journal as another form of currency since, you already know, the value fluctuates wildly.

Also, if you have ledger or trezor, where you store your spending coins for everyday use, Bitpay is a pain in the neck to pay with...
Last time I have tried to pay a Bitpay invoice, I just went mad, nearly...
First, I've tried to pay with my ledger nano S, but it haven't recognized the payment URL, so failed.
I've started to read and found that there's no need to try with ledger directly in the browser, and also you can't use segwit address to pay from.
So to cut the long story short, I had to move some sats to the trezor, open a mycelium app on an ancient android phone (that was the only one nearby) and open the trezor via the mycelium app, and finally scan the Bitpay invoice QR code in the app to be able to pay...
it's much easier if you have a hot wallet on your mobile, but it's not safe to store much value in it...
So if something is safe, it's not easy to use, and if something is easy to use, it's possibly not the safest thing to use...
I just long for LN to handle these kind of small purchases in the foreseeable future...

[Slow death]

I confess I did not understand what you meant by this: " The Calm Before The Storm  "

what storm are you talking about? In recent months the price has increased a lot and has good news for the coming months. so I don't see what storm you are talking about, and about this:

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Mass adoption comes with input of things like these:

Bakkt Clients Can Start Warehouse Deposits on Sept. 6

VanEck, SolidX to Offer Limited Bitcoin ETF for Institutions Via Exemption

Winklevoss’ Gemini Introduces Sub-Accounts Feature for Institutions

[jossiel]

I confess I did not understand what you meant by this: " The Calm Before The Storm  "

I don't understand it either.

As BK of Germany accepts bitcoin but they'll receive fiat, I think this is still a good news after all. At least they have considered using BitPay's service so that they can cater and give bitcoin users in their area to spend few of their btc for ordering.

Is mass adoption on its way?

It is on its way but don't be overjoyed just because of this news. It will be a gradual process.

[Reid]

Note: Don't get too excited just yet. This is only for Germany(currently, at least). https://cointelegraph.com/news/burger-king-lets-you-pay-your-way-in-germany-with-bitcoin

Anyway, while there are a few big companies in the past like Steam that removed their bitcoin payments option, if you're actually watching bitcoin related news for a while, it's easy to notice that adoption is in a steady uptrend(with a few dips here and there and a few drops due to price volatility).

I got excited all of a sudden and then I read this.
Sad.

Well I guess it is just another baby step for bitcoin.
A good one for me since that is one of my favorite burger in the world. The smoky taste cannot be replicate by some of the fast food chains there.
They are unique.

[jake zyrus]

The title was interesting that's why I clicked it and I didn't expect this actually... Are you pertaining the storm to adoption? Cause I thought 'storm' was something negative.

But regardless of it, it's actually a good step for bitcoin but ain't that big to be that excited that it'll make a mass adoption. I think it's just a small step to bitcoin recognition by companies but other people probably wouldn't notice the bitcoin option as a payment at burger king. But if they would, more possible that they would still choose to pay with fiat.

[Rickeo]

Correct me if I'm wrong but isn't this a terrible idea for Burger King.

I've not used Bitcoin in a long time, switched to alternatives that worked better as a form of payment as I believed Bitcoin moved firmly over into 'store of value' as opposed to daily use spender.

The last I checked though Bitcoin fees were rather high for smaller amounts and took a significant amount of time for confirmations.

I'm not bitching on Bitcoin here just genuinely wondering if it's the best crypto for this case, so many companies used to accept Bitcoin and then dropped support as time went on and it got more expensive to use and had longer confirmation times, companies weren't prepared for that so dropped it as it worked well at the start but didn't scale very well.

[pooya87]

this is on a tiny scale so your "storm" looks more like a small wave in the vast ocean.
the only thing positive about this news and all the others like it, is that they are showing how bitcoin's adoption in the real world as a currency is still ongoing. despite the fact that people sometimes think bitcoin is an investment to make them rich we still see the real world adoption of it for payments,... and they are decently popular.

[michellee]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

I hope so but still, and it's difficult to find a local store that could accept payment with cryptocurrency in one country especially if the country doesn't accept cryptocurrency or giving a statement related to cryptocurrency. But I think that will be interesting if the local store is trying to using cryptocurrency and that will be a time for the adoption for the public. Maybe soon we will see cryptocurrency will be accepted in any countries so you can try to use crypto to pay.

[Sozialtourist]

And so far it's only for online orders where confirmation time doesn't matter that much. It's still a long way before you can use BTC directly on the counter. Nobody want's to wait several minutes before the transaction is confirmed.

[yazher]

There is a lot of Fast Food store that accepts Bitcoins in our Country too but does not mean it will create a storm as you think. It has been like that since 4 years ago but it didn't create hype to my fellow countrymen, there are also a lot of services that you can use your bitcoin to pay to.

But at the end of the Day only who are familiar with bitcoins who is benefiting these things the rest of the people are not aware of it. The only way to create a storm again is another successful BullRun this year or another good news from the trusted media that says Bitcoin will be successful in the next 10 Years.

[lacasadepapel]

Yes! They will all eventually adopt Btc. Besides I find more importance in New Zealand's tax authority to approve crypto as compensation for salaries and wage-earnings, then Burger King.

[Yamifoud]

Yes! They will all eventually adopt Btc. Besides I find more importance in New Zealand's tax authority to approve crypto as compensation for salaries and wage-earnings, then Burger King.

We are nearly coming into the realization where crypto being use as a currency. Good thing it started with some food chain accept this and not a question nor to wonder that many establishments will follow by then. 
What we are looking now is the support from the government as well as from the community. With the increase number of users will help to fully developed cryptocurrency in a matter that is not just an investment but a currency as well.

[Questat]

Like what we did before, holding and stay calm is the most important and never think to be all in the negative. The market should be like this, not all the time we've been doing great nor not all the time we've been struggling difficulties. That is why we should have to prepare for everything that will happen next as we don't see any absolute direction.

[BabyBoss]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Yes we believe that after this calm if market there will be a storm coming for this is all we expect as one of the bitcoin believers. I believe that there will be a high volatility coming and its time for us to get multiply on our savings. I feel it coming very soon.

[kaya11]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Hope it goes viral and reached our cities domain too. I think it would be a nice catch of attention to consumers here, there are people who are fond of eating  at Burger King  here. I think if this goes on, many more of the fast food chains will follow right? The other brands like McDonald, KFC and Kenny Rogers, they have a name here and have so many branches around the city.

[ethereumhunter]

Mass adoption is on its way, and it's on the right track. But we cannot say that mass adoption is running fast for now because many people still don't know about cryptocurrency or they never heard about bitcoin at all. We need to wait for more to see the public will at least hear about bitcoin as the leader of the cryptocurrency. We should spread the news about bitcoin so bitcoin will become popular, and all people can join and use bitcoin as what we did, and in that time, we will see that people will have a chance to make money.

[jaocoincrypto18]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

In talking of the whole world mass adoption then it will only become possible in rich countries but expecting mass adoption in a poor countries like the 3rd world countries then it is very impossible as not all people know how to use the Blockchain specially the poor in education which is very important for the adoption of Bitcoin.

[meanwords]

We are getting there bit by bit. Although it's not that fast as most people hope, we are climbing to that what we call "mass adoptaion of cryptocurrency". There are many news and articles here in my country (Which is a third world country) that states some stores are accepting Bitcoin now. Even a Celebrity made his own cryptocurrency here. There is even an app that lets you buy load, buy, gift cards, buy game credits, pay bills, and anymore.

Here's the articles:
https://bitpinas.com/press-release/bcb-blockchain-powers-payment-infrastructure-metro-manilas-biggest-spa/
https://news.abs-cbn.com/business/09/02/19/manny-pacquiao-launches-his-own-pac-crypto-tokens

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

In talking of the whole world mass adoption then it will only become possible in rich countries but expecting mass adoption in a poor countries like the 3rd world countries then it is very impossible as not all people know how to use the Blockchain specially the poor in education which is very important for the adoption of Bitcoin.

That's where you are wrong.

[guydin]

this is on a tiny scale so your "storm" looks more like a small wave in the vast ocean.
the only thing positive about this news and all the others like it, is that they are showing how bitcoin's adoption in the real world as a currency is still ongoing. despite the fact that people sometimes think bitcoin is an investment to make them rich we still see the real world adoption of it for payments,... and they are decently popular.

Really, it is fancy to call these events a storm. However, cryptocurrencies will be finally adopted everywhere. This year has shown that millions of people now are convinced that using crypto is more convenient and beneficial than using traditional money (it refers to everything, including transactions fees).

I suppose each one should have a crypto wallet now (or even several of them).

[longtkhd]

It is something to look forward to but remember that it does not support my country but is limited to a few areas. If the project is to expand globally, it will be a great thing to be able to pay for food with Bitcoin, so nothing is too much for us.

[thisappointed]

It would be better if they are going to implement that in all of their branches all around the globe, that way, people will be curious about cryptocurrency so it will be easily adopted. Hopefully the market will skyrocket again and make another ATH when this time comes, when the world will become cashless and cryptocurrencies will be use as a payment, the only thing that is alarming for me is when the time that bitcoin's price will hit zero.

Bitcoin is like a pyramid, when it hits its peak, then it will slowly going down and bury itself on its own grave, though we didn't know what is its peak price.

[jostorres]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Cryptocurrency is gradually getting more acceptances from the world out there and mass adoption of it is also gradually spreading. With time, we will have more merchants that will be using cryptocurrency more for the payment of their goods and through them, a while lots of people will be introduced to crypto. What I like about merchants implementing bitcoin payment is because of its exposure to the public.

There are so many people that never got to know about bitcoin during the hype of 2017, but many of them has been able to come through some of these merchants that are accepting cryptocurrency as payment, and the use of it si gradually spreading over the whole world. There is still more that we will see in the comings years.

[Upgate]

What a title really poetic and not so much for the post, bitcoin has been used as exchange for things and services am not bewildered anymore when I hear or see it my desire is to see those nation that placed a ban on it to lifting their ban

[Kasabus]

It would be better if they are going to implement that in all of their branches all around the globe, that way, people will be curious about cryptocurrency so it will be easily adopted. Hopefully the market will skyrocket again and make another ATH when this time comes, when the world will become cashless and cryptocurrencies will be use as a payment, the only thing that is alarming for me is when the time that bitcoin's price will hit zero.

Bitcoin is like a pyramid, when it hits its peak, then it will slowly going down and bury itself on its own grave, though we didn't know what is its peak price.

Implementation will take time and in a process as well. Have this change it something gives a better for crypto to be accepted in all establishments globally.
Not only we just focus on Bitcoin to be accepted in all areas but also with altcoins. Having this lead in one of the popular food chains in the world, it soon to be happen that some food chains players will follow.

[shooleh]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

An industry when it can run successfully and has a very large community. It will definitely be indirectly developed to make a profit. Bitcoin has a period of success and until now there are still many people who trade. So that with the growing popularity of Bitcoin now people are expanding it to become a payment medium.

Like a food company  "Burger King " It realized that Bitcoin users very much. So the company is working with Bitcoin. This is a form of development and I suppose it will run into mass adoption.

[rezakurnia66]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

In my country, Burger King hasn't received payment with Bitcoin. Indeed Bitcoin in my country is not allowed to be a means of payment. It is quite difficult to develop Bitcoin because the government has not fully supported this technology.

But I am glad to hear that Burger King accepts payments using Bitcoin. This is a step forward to developing Bitcoin. Transactions like this will certainly facilitate Bitcoin users because when they travel, they do not need to carry cash.

[dentolas]

Well, although this is happening only on the german market, it is definitely a step forward on the road for adoption. BTC useability has been climbing and worldwide acceptance is steadily becoming a fact! You can also see the regulators opening the doors on crypto....

[rodel caling]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Yes l believe after this calm storm in cryoto will come. Volatility will make people interested in bitcoin world because there will be a chance to everyone to reach our goal in life. Bitcoin brings us hope to be rich someday. As the former bitcoiners become instant millionaires.

Yeah that's truly correct bitcoin give to the peopele hope and chnace to become rich but do not be offend, accepting bitcoin is not the way for instant millionaires, by the way mass adoption is now trending specially the company's in worldwide start and continue to adopt and accepting bitcoin as payment method.

[peter0425]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Yes l believe after this calm storm in cryoto will come. Volatility will make people interested in bitcoin world because there will be a chance to everyone to reach our goal in life. Bitcoin brings us hope to be rich someday. As the former bitcoiners become instant millionaires.

Why do you mean by “Former Bitcoiners”meaning they aren’t bitcoiners now?lol those people in crypto that turns millionaire still here and continues to supporting crypto

Bitcoin bring us hope but not to become millionaire but to have a bright future as technology is worth investing for.please take away the idea of to be coming a Instant millionaire because even those long time bitcoiners took long time before achieving what they’ve got

[Hamphser]

Bitcoin mass adoption is really spreading quickly just like how other restaurant accepts bitcoin as payment for their foods. It might be too slow to expand in the process but at least it is starting to spread slowly and all we have to do now is to wait for the masses to slowly accept it as more people will start to use it if someone would implement it.

[nankers]

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

News like this in my opinion has been widely spread in the last few months. Not only Burger King, several large companies in various countries have also begun to adopt bitcoin as payment. Maybe it's true, at this time, there is a mass adoption in the cryptocurrency world

[alex_conner7]

bitcoin has the widest adoption by far i don't think other cryptocurrencies will be able to catch up - bitcoin has too much lead