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Author Topic: Pizza Hut accepts bitcoin  (Read 1242 times)
Walterhank
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December 09, 2020, 06:48:21 AM
 #101

As time passes in to think more and more restaurants, delivery services, and hotels would allow crypto payments. This could all happen in 2021. As far as govs are concerned they can't do anything as of now but with time they might impose strict regulations that won't directly ban crypto but rather discourage its usage. But this is only my prediction and hope that doesn't happen.
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December 09, 2020, 09:45:20 AM
 #102

Wow, What a news. In upcoming time i can taste more delicious pizza with bitcoin. Well, it also will be most effective news for bitcoin users. By this achievement bitcoin is going to be a part of ours life very soon. Hopefully we can see bitcoin will be legal in our country very soon.

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shoreno
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December 09, 2020, 10:02:50 AM
 #103

As time passes in to think more and more restaurants, delivery services, and hotels would allow crypto payments. This could all happen in 2021. As far as govs are concerned they can't do anything as of now but with time they might impose strict regulations that won't directly ban crypto but rather discourage its usage. But this is only my prediction and hope that doesn't happen.
there are restaurants and hotels before that are already joining the crypto craze before pizza hunt and the fastfoods that are mentioned by the op but i never heard that there are food deliveries . i want to see more food deliveries join crypto because this service are also indemand right now , now that people can hardly travel outside

As far as govs are concerned they can't do anything as of now but with time they might impose strict regulations that won't directly ban crypto but rather discourage its usage.
whats the difference ? i think both are the same . if they are concerned now why will they act later and use of cryptos right now are already big but itl become more bigger soon . better late than never but i will say better never than late because this isnt going to be good on the side of the crypto users .

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December 09, 2020, 10:40:49 AM
 #104

Pizza hut accepting crypto as a payment is a really great news and a good adaption. But only some food chain companies will not change the situation soon. We need mass adaption from many big companies. I think the tech companies are need to come in this list soon. Like big pc components company, mobile giants .
it is true this can be an eye opener for those big food chain companies to start accepting bitcoin as payment method , it is much more better now since we are in pandemic cash can be a contact of virus that's why this kind of easy transaction where you can easily pay and just scan a QR code and wait up for your food to deliver, We are now in the future that other big companies start seeing this kind of things and we will be more expecting soon that more are coming with bitcoins.

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December 09, 2020, 01:25:59 PM
 #105

This is a good one and I would like all those who think that Bitcoin is not achieving its main goal of being a transaction method to see this. Bitcoin is achieving that goal, a lot of businesses are starting to recognize Bitcoin and they are adopting it for their businesses in any means possible.

Companies are accepting and using Bitcoin to pay workers this time around, this was first started by cryptocurrency companies and then others that are focused in other areas have started doing the same, and this has made it easy for companies to employ people from around the world as long as they are fit for the position.

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onecall123
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December 09, 2020, 01:31:57 PM
 #106

As a crypto enthusiastic I would like to appreciate the move by Pizza Hut. An International restaurant franchise now support Bitcoin payments, that's great. This sort of partnership will definitely give a big boost for bitcoin and help to increase the popularity of bitcoin and ultimately one step forward become mainstream payment chain.

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December 09, 2020, 03:21:59 PM
 #107

A US based pizza chain has started accepting crypto currency as a payment method across South American nations. Burger king and Church's chicken already accepting crypto currency as a payment.

"Pizza hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities," said Richard Elkhouri, general director for venezuelan operations of pizza chain.

More than 20,000 shops around South America have been accepting crypto

So, What you guys think the government will do if people started using crypto for buying selling on a large scale as the control of system of monetary fund is going out of the hands of government.


Well, the government cannot do really much since its the establishment itself that stated that they will be accepting payments in the form of Cryptocurrency. This move would really just encourage others to adapt to/and adopt the Cryptocurrency Industry within their businesses since its helping and would add another versatile mode of payment to them.

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December 11, 2020, 06:42:15 AM
 #108

A US based pizza chain has started accepting crypto currency as a payment method across South American nations. Burger king and Church's chicken already accepting crypto currency as a payment.

"Pizza hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities," said Richard Elkhouri, general director for venezuelan operations of pizza chain.

More than 20,000 shops around South America have been accepting crypto

So, What you guys think the government will do if people started using crypto for buying selling on a large scale as the control of system of monetary fund is going out of the hands of government.



I just heard this news and it's a good move, do you have a link to the source of the information? As a pizza fan I am very enthusiastic. But it is only available in parts of South America. It is still long enough for other countries to follow the development of bitcoin as a means of payment.
https://www.google.co.in/amp/s/decrypt.co/49885/pizza-hut-now-accepts-bitcoin-ethereum-in-venezuela%3famp=1


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December 11, 2020, 06:47:36 AM
 #109

20,000 Merchant all around the continent ?meaning it is not only Pizza hut that accepts Bitcoin but many establishments also.

It's always Good to hear that countries after countries are making their way to get along crypto ,From gambling in which now spreading the world and here merchants and not just that one of the most popular worldwide.

the thing is Does the people of these countries taking this advantage?or this becomes just a ads but the truth is not that being used for their constituents .

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December 11, 2020, 12:30:12 PM
 #110

I wasn't aware of the innovation of the restaurants to accept Bitcoin and cryptocurrencies at this time, but with OP, I tried to search and found out that it is not just Pizza hut which adopts Bitcoin for transactions nowadays, even McDonald's, Burger King, Starbucks, Domino's Pizza, and Church's Chicken are now starting to do the same thing which implies a widespread cryptocurrency acceptance and a real interest in crypto. You can also view the resources that I've read here. In addition, some are not just accepting Bitcoin for payments, they are also incorporating Bitcoin to be redeemed as a gift card rewards which really push market adoption of cryptocurrencies.

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December 11, 2020, 12:59:22 PM
 #111

This is a good one and I would like all those who think that Bitcoin is not achieving its main goal of being a transaction method to see this. Bitcoin is achieving that goal, a lot of businesses are starting to recognize Bitcoin and they are adopting it for their businesses in any means possible.
But let us not forget that the Country involve is venezuela in which trying to recover for the help of cryptocurrency so they surely accept Bitcoin as currency .
Quote
Companies are accepting and using Bitcoin to pay workers this time around, this was first started by cryptocurrency companies and then others that are focused in other areas have started doing the same, and this has made it easy for companies to employ people from around the world as long as they are fit for the position.
This must be happening and if More companies do the same then this is what we called adoption.
and government has nothing to do but accept and proclaimed Bitcoin as Legal tender.

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December 11, 2020, 01:54:23 PM
 #112

Of course, it's great news for the cryptocurrency community. Bitcoin's value will multiply as it is used more. However, Bitcoin is a valuable currency that cannot be spent on pizza. Even now, it is possible to imagine the man who bought his pizza with Bitcoin, regretting it.

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December 20, 2020, 04:16:32 AM
 #113

A US based pizza chain has started accepting crypto currency as a payment method across South American nations. Burger king and Church's chicken already accepting crypto currency as a payment.

"Pizza hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities," said Richard Elkhouri, general director for venezuelan operations of pizza chain.

More than 20,000 shops around South America have been accepting crypto

So, What you guys think the government will do if people started using crypto for buying selling on a large scale as the control of system of monetary fund is going out of the hands of government.



I would like this happen as well to my country specially those renowned food establishment. I just don't want to use my bank's ATM card directly and I want my bitcoin wallet to be in use when ordering my desired food online because I'm separating the funds on my bitcoin and on my atm which is what I used at work when getting salary.



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December 20, 2020, 04:25:52 AM
 #114

I would like this happen as well to my country specially those renowned food establishment. I just don't want to use my bank's ATM card directly and I want my bitcoin wallet to be in use when ordering my desired food online because I'm separating the funds on my bitcoin and on my atm which is what I used at work when getting salary.

LOL.. if you are directly paying from your Bitcoin wallet, and in case the confirmation takes a long time (30-40 minutes), then what are you going to do? Are you going to wait until it gets confirmed? A better option would be to use a third party payment processor such as BitPay or PayPal to make Bitcoin payments. PayPal hasn't enabled cryptocurrency payments yet, but I heard that they are planning to do it by mid-2021.


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December 20, 2020, 04:27:43 AM
 #115

It's definitely a huge step towards the mass adoption. But is it really convenient to use Bitcoin for making a small purchases, especially when the fees are high?

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December 20, 2020, 05:14:29 AM
 #116

It's definitely a huge step towards the mass adoption. But is it really convenient to use Bitcoin for making a small purchases, especially when the fees are high?

Baby steps. I like the fact that a large organization has decided to put in the effort to accept BTC but I agree current fees are too high to swallow. A coin like Litecoin would be more feasible for this purpose.

Honestly, even if I could use just my BTC to pay for my everyday things with $0 fees, I still would not spend it.
The way I see it, BTC is an asset that will continue to grow if:

  • Inflation continues to grow worldwide.
  • Banks and large financial institutions continue to limit the poor from banking worldwide.
  • Economic slow down and reduction of gains from stocks.

I am waiting till Bitcoin is closer to main stream adoption which I imagine will reduce the price fluctuations greatly as it will have turned from a growing asset to a currency.
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December 20, 2020, 05:38:59 AM
 #117

What the point to buy pizza for 10 usd and pay 5usd in fees for btc transfer?

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December 20, 2020, 06:10:19 AM
 #118

This is a welcome news for the crypto industry. If the market giant like pizza hut has enter in the crypto industry it definitely will be the extra added boost to the solidity of bitcoin and cryptocurrency as whole. As the popularity of bitcoin is surging like a rocket governmet will put some kind of laws to take down the crypto industry under their belt. 
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December 20, 2020, 01:49:32 PM
 #119

This is a great news for crypto world. I think, now we see, pizza hut accept the bitcoin, but in future, there will be many companies which will accept btc.

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December 20, 2020, 03:38:44 PM
 #120

A US based pizza chain has started accepting crypto currency as a payment method across South American nations. Burger king and Church's chicken already accepting crypto currency as a payment.

"Pizza hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities," said Richard Elkhouri, general director for venezuelan operations of pizza chain.

More than 20,000 shops around South America have been accepting crypto

So, What you guys think the government will do if people started using crypto for buying selling on a large scale as the control of system of monetary fund is going out of the hands of government.


the government should be able to try to support this. because in my opinion this ease of transaction makes crypto easier to accept in the community and proves that crypto is useful for the payment system

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