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Author Topic: Starbucks, McDonald’s, and Pizza accept BTC  (Read 293 times)
suryana
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September 12, 2021, 09:08:31 AM
 #21

Just Starbucks, McDonald’s, and Pizza Hut advertising they now accept btc for payment in El Salvador.

Probably nothing though…


hope this will also be emblazoned in our country . With the existence of various payment options including bitcoin, it is very easy for bitcoin users. And indirectly this is a good promotion for bitcoin, which is more positively recognized and growing more rapidly than before. This is good news and it is hoped that all services can follow in their footsteps.

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September 12, 2021, 09:14:38 AM
 #22

Clickbait title. Please change it to "Starbucks, McDonald’s, and Pizza accept BTC in El Salvador".

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September 12, 2021, 09:26:52 AM
 #23

The main good news is that BTC is a legal tender, that's all. Companies domiciled in El Salvador are of course just going with the mainstream or complying with local government policies (as I read that it's a must) if they don't want to be prosecuted.

-snip-
Bitcoin is all about disruption of large corporate businesses and Banks that are exploiting people. It has been many years that Banks and remittance services have been charging people millions in fees, when they want to transfer money to their people at home and that has to end. Their President said that this was one of the reasons why he has done this.

And people still can't escape the bank's snare as long as they use fiat (even if it's only to fix the price of the item). Deposit bills must still be paid.

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September 12, 2021, 09:27:56 AM
 #24

Since El Salvador requires tender and business to accept bitcoin as a means of payment, every single business will eventually be added to a never ending expanding list.

Regardless, what’s interesting to see is how some of these TXs take place, the ease of use (not always), and the speed at which some take place. Here’s a video of some TXs made with bitcoin to make purchases at Starbucks & Pizza Hut in El Salvador, alongside some other additional cases (remittance, etc.). The video mentions using Strike app to make the purchases, and the experience is extremely smooth:

https://www.youtube.com/watch?v=R0uSx3mmE5c
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September 12, 2021, 09:29:04 AM
 #25

Wait but i just noticed that each time there is another establishment that accepts bitcoin you created a new thread?

why not just edit your previous thread instead since the first created was "Mc Donalds accepts bitcoin" https://bitcointalk.org/index.php?topic=5358856.msg57887591#msg57887591 in which we thought important to know but noticing that it is only from El Salvador, and now here added 2 new food chain?

what if there is another one then another thread?

please just create a thread that you will put everything about EL Salvador because we knew that country will be accepting bitcoin in everything purchase because it is a legal tender and considered as money already.

Step 1: Create topic about x business accepting BTC
Step 2: Hope that you someone sends some merits
Step 3: Do it a multiple times
Step 4: ? ? ?
Step 5: Profit

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September 12, 2021, 09:47:53 AM
 #26

Clickbait title. Please change it to "Starbucks, McDonald’s, and Pizza accept BTC in El Salvador".
Totally agree, but maybe taking some time read would be enough to clear the confusion, it's not that dangerous of a clickbait title so not to worry but that doesn't excuse OP to do this kind of thing again.

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September 12, 2021, 09:50:08 AM
 #27

Wait but i just noticed that each time there is another establishment that accepts bitcoin you created a new thread?

why not just edit your previous thread instead since the first created was "Mc Donalds accepts bitcoin" https://bitcointalk.org/index.php?topic=5358856.msg57887591#msg57887591 in which we thought important to know but noticing that it is only from El Salvador, and now here added 2 new food chain?

what if there is another one then another thread?

please just create a thread that you will put everything about EL Salvador because we knew that country will be accepting bitcoin in everything purchase because it is a legal tender and considered as money already.

Step 1: Create topic about x business accepting BTC
Step 2: Hope that you someone sends some merits
Step 3: Do it a multiple times
Step 4: ? ? ?
Step 5: Profit
You have summed it all lol  Grin Grin Grin , that is the literal objective from doing such  Wink and Yeah he had got another merits , like what he does recently in McDonald's thread he created  Cool ..Hope this is the last because maybe in the following days even 7/11 and Dunkin donut will be the title of His thread .


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September 12, 2021, 09:54:26 AM
 #28

Misleading title. Modify the title by adding 'in El Salvador' at the end. Omitting that part makes it seem like Starbucks, McD and Pizza Hut are accepting BTC globally which is completely wrong obviously.

Also, another thread regarding this topic was created recently with a similar misleading title. Shared the link below.

https://bitcointalk.org/index.php?topic=5358856.0

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September 12, 2021, 03:39:37 PM
 #29

When we are talking about this news, it's clearly is El Salvador where they have already made bitcoins a legal currency therefore at the end of the day this is something that is predictable and something that is acceptable. I do think that this is actually a small point, I do feel the government should work forth and make advancements in the already available, wallets, lightning network etc. To make things better, like ofc there will be times where they might have to inform the developers and ask their help in advance but this might be the far cry to finally make the lightning network safer!! I would be astonished if they used it in public transportation etc..
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September 12, 2021, 05:01:45 PM
 #30

Just Starbucks, McDonald’s, and Pizza Hut advertising they now accept btc for payment in El Salvador.

Probably nothing though…


I thought that it would be happened. It is now live and people are able to buy through bitcoin. Bitcoin will be the most popular country all over the world. We need a global decentralized payment method and it might be bitcoin.

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September 12, 2021, 05:03:03 PM
 #31

There is already another topic about McDonald’s accepting bitcoin here: https://bitcointalk.org/index.php?topic=5358856.0
But, that's new regarding Starbucks. I don't think if Starbucks accepts bitcoin in any other country but El Salvador already checked that in my own country and it's not accepting yet however you can convert and exchange bitcoins using some apps but it's not acceptable in any other country. Since I see El Salvador is adopting way too fast I expect to see even more markets accepting bitcoin there in El Salvador soon.

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September 12, 2021, 05:28:09 PM
 #32

As someone that just used google translator to see what those lines exactly meant in the stickers, I didn't like the ones used in Starbucks and Pizza Hut [it translates to "EXCLUSIVE BOX OF bitcoin", which is weird] while the way McDonald's did [it translates to "NOW you can pay with BITCOINS at McDonald's"], made more sense.

- Does anybody know what the line below the mobile icon says in the McDonald's ad [this is the "clearest" one that I could find, but I can't still read all of the letters]?

The video mentions using Strike app to make the purchases, and the experience is extremely smooth:

https://www.youtube.com/watch?v=R0uSx3mmE5c
Wow, you're right... That was surprisingly smooth [Strike, please expand to more countries Smiley]!

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September 12, 2021, 05:40:40 PM
 #33

Since El Salvador has made Bitcoin an official currency of the country I think it's a must for these restaurants to start accepting Bitcoin as a method of payment, citizens would start to invest and settle payments using Bitcoin so I think it's a necessary move for stores and restaurants to actually start receiving Bitcoin.
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September 12, 2021, 05:57:01 PM
 #34

Bitcoin is so popular even before when it was at the 20k value wherein many companies, fast food and etc were accepting bitcoin as a payment method, so these isn't surprising anymore as it's at the highest level, i mean there will be more adaption in the future and that's for sure.
Infact even in movie they're are now using bitcoin , just search this movie title "silk road"and you will see. By the way on that movie it's an illegal way of bitcoin, but hell yeah its a big help or should i say a nice way to promote bitcoin..  Wink
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September 12, 2021, 06:09:16 PM
 #35

Guys, I think this is very positive news. I think that against this background, the price of bitcoin will feel even better.
Actually it's just another normal day because those stores are located in El Salvador that just have their first week of accepting bitcoin because their government just made bitcoin a legal tender. There are still a lot of people that don't understand what bitcoin is and how to use it. But time will come that majority of them will get to understand what bitcoin really is and how they're going to have their lives better with the help of it. Yes, it's a good news but only those people in their country can enjoy this.
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September 12, 2021, 06:13:15 PM
 #36

I mean, it is to be expected. the government legalized bitcoin so it is the logical move for the business to start accepting bitcoin. and as time passes if the usage of bitcoin in El Salvador increases because of the legalization of bitcoin I'm pretty sure more businesses in El Salvador will start accepting bitcoin too.

But how will they overcome price volatility of BTC. BTC week back is 50k and now its around 45 - 46k? Do they convert BTC to fiat instantly or government is bound to pay them fiat at fix rate. I googled but wasn't able to find answer of that
Starbucks, Pizza Hut and McDonald’s Take Bitcoin in El Salvador

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Twinkledoe
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September 12, 2021, 06:16:44 PM
 #37

Bitcoin is so popular even before when it was at the 20k value wherein many companies, fast food and etc were accepting bitcoin as a payment method, so these isn't surprising anymore as it's at the highest level, i mean there will be more adaption in the future and that's for sure.
Infact even in movie they're are now using bitcoin , just search this movie title "silk road"and you will see. By the way on that movie it's an illegal way of bitcoin, but hell yeah its a big help or should i say a nice way to promote bitcoin..  Wink

Maybe the difference in El Salvador these days is that it is recognized as legal tender in their country. With this reason, people will be more trusting as the government themselves are promoting the use of it. I am certain more shops will follow thru not only these popular food chains. Would be nice if more countries will join this move, but I understand it will take planning and assessment for the government.
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September 12, 2021, 07:05:04 PM
Merited by SFR10 (1)
 #38

- Does anybody know what the line below the mobile icon says in the McDonald's ad [this is the "clearest" one that I could find, but I can't still read all of the letters]?
I think it's the same writing in a better quality image in another banner: Aceptamos pago en Bitcoins en cualquier compra / We accept payment in bitcoins in any purchases.



Sorry for the huge image, but it must be readable. Cheesy

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September 12, 2021, 09:06:51 PM
 #39

This is what bitcoin was meant to be in the first place anyway. A coin that could be used in place of, if not to completely replace, fiat currency. There are multiple accounts of bitcoin-natured purchases in the past even when bitcoin wasn't as valuable as it is now. AFAIK 50 cent even racked 700 bitcoins in 2014 when he signed it to be purchasable with bitcoins. So it's not like this is something that should surprise anyone. Then again these types of events will be the ones who will spark bitcoin's road to global acceptance and in result, adoption.
Since El Salvador has made Bitcoin an official currency of the country I think it's a must for these restaurants to start accepting Bitcoin as a method of payment, citizens would start to invest and settle payments using Bitcoin so I think it's a necessary move for stores and restaurants to actually start receiving Bitcoin.
Not a must because it is a government mandate, but a must because if they do not, they might get left behind and this in turn could result in them losing relevance. Which is why they are obliged to allow bitcoin payments in there to facilitate the trend and make use of it while allowing bitcoin to be used as a bona fide currency within their country. What I would be interested of however is if they could carry this out for the years to come or if they will stop all of a sudden when the trend dies.

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