The Kids buying Mcdonald order via BTC

[serjent05]

Don't you think we're probably getting the wrong idea from this photo?
Anyone who owns Bitcoin knows it's worth. Is it even possible for someone to want to waste it on junk, and talk more of such a huge amount? Of course, apart from Laszlo Hanyecs who bought 2 Domino Pizza with 10,000 Bitcoin, I'd personally think that person is crazy.

It is possible the transaction is made for social media posts, just like the earlier reply stated.  No one in the right mind to pay extra unless they have this plan in their minds.  Flexing to have paid in Bitcoin and bragging them by posting it on social media.  Vlogers, bloggers, influencers, and streamers can do anything just to get views and subscriptions, creating a scene that will interest people is not exempted such as this kind of stunt shown by @OP.

[Majestic-milf]

I just observed a kid on Twitter doing a Bitcoin payment transaction at McDonald's, and it's amusing to see that they can do it. However, I feel bad for the kid because he spent something like 170,000 Sats or something. Its parent must have a sizable amount of Bitcoin.

But on closer look,  after going through the video, I saw that those kids didn't actually spend 170,050 worth of sats, rather that was what was in the child's wallet and the actual fee spent was 0.00115729 which when converted to dollars is $30.31. This seems like a fair amount spent on a happy meal for me.

[dothebeats]

The link is isn't working so the tweet was probably taken down by the user or was reported to take down because the pictures were obviously taken without consent, which I hope everyone understands why that's a problem. Anyway, regarding what seems to be happening on the picture, it looks to me like the person (probably the parent, or someone older than the kid) was the one using Bitcoin to pay for the food transaction and not the kid himself. Either way, if I'm gonna go with OP's caption and narrative then I see that as a good thing. Kids these days are born with a tablet/ipad on their hands anyway so it's not surprising to know that there are kids being interested and learning about crypto early, however, I do hope they are getting enough supervision and guidance from their parents since we are after all talking about money here and kids, as clever as they are, can still be easily fooled and scam; we certainly don't want that to be their first experience dealing with crypto.

[LogitechMouse]

I expect more of this in the future.

As Bitcoin grows in popularity, kids will be more aware that a thing called Bitcoin is existing therefore, they might try to learn it, and use it to pay some things like in this one where the kid, and I think his sister are using Bitcoins to pay their bills in McDonalds. It's good to see this, but I don't want the establishment itself because you can laugh at me on this one, but I'm afraid of their mascot, the clown thing-y. 

So it happened in El Salvador then. I guess it's unsurprising knowing how the country embraced the currency. Anyway, I wonder if the McDonalds establishments outside El Salvador will do the same though.

Hopefully that kid's screen time is kept in check by his parent(s).  Too many people, young and older, are glued to their smartphones 24/7.  End of aging hermit rant.

I've seen many kids here that're already glued to their smartphones. So bad that they're spending more time with their smartphones than with their family. They're spending more time with their smartphones than making themselves healthier thru exercising. Smartphones is changing the world... ohhh wait they've done it already which is unfortunate if you will ask me.

[FinneysTrueVision]

On the other hand, it's good thing if that kid in the pic is actually into bitcoin.  I don't care if he or the parent is blowing it at McDonalds (stupid move IMO) as long as he learns why it's important, i.e., it's a form of money that the government can't control and isn't in the hands of the banking system and that it's a decent store of value.

Using Wallet of Satoshi, which is a custodial lightning wallet, would seem counterintuitive if that is the lesson you're trying to teach to kids. I understand that custodial is more convenient but by encouraging this option it's not much different than telling people to use Visa or a centralized altcoin. In order to understand Bitcoin's true purpose sometimes it is necessary to use more complex and less user friendly options, which might not be ideal for children, but if they are taught properly it can be greatly beneficial in their life to have this knowledge.

[Afnan_faizah]

now i really see the good progress by look at that picture, although the price is still volatile but i think it will give them good experience. i think buying goods using btc will be something that common in the future. but unfortunately some country prohibit their citizen to use foreign currency.

[mamesso]

The child did not do it alone, he was accompanied by his parents when buying McDonald's and making payment transactions using Bitcoin. My assumption after looking at the child's face is that he is still around 10 or 11 years old. I am very impressed with the education provided by his parents, the way they introduce Bitcoin to their child is very simple, they immediately take him shopping by making payments using Bitcoin.
This method can change a child's view of Bitcoin, he can see firsthand how valuable Bitcoin is even though it has no physical form.

[bayu7adi]

[...] i think buying goods using btc will be something that common in the future.

Maybe yes, maybe no. However, given its extremely limited quantity, it poses a challenge for Bitcoin to be adopted by all 8 billion people in the world. Bitcoin's quantity in relation to the global population is a mere 0.2%. Even though that can be expressed with a multitude of zeros and decimals, it remains quite minuscule.

The world requires a currency that not only facilitates swift transactions but also offers lower price volatility guarantees, so that owning it doesn't encourage excessive speculation.

As a currency of the future, it presents substantial difficulties; as an alternative form of currency, there may still be possibilities.

[Strongkored]

I think the child's parents only taught them how to pay, not about Bitcoin technology and the children saw Bitcoin as an ordinary means of payment like other digital money which is currently widely available but is centralized. It's okay to teach your child about Bitcoin but it's not a necessity, because there are still more important things that children have to learn than about Bitcoin, and because it's not clear when the transaction occurred, it could be that the price issued is normal for that time and to be a little high for today's.

[dothebeats]

I think the child's parents only taught them how to pay, not about Bitcoin technology and the children saw Bitcoin as an ordinary means of payment like other digital money which is currently widely available but is centralized. It's okay to teach your child about Bitcoin but it's not a necessity, because there are still more important things that children have to learn than about Bitcoin, and because it's not clear when the transaction occurred, it could be that the price issued is normal for that time and to be a little high for today's.

It is a possible narrative, after all the picture clearly shows that the kid is with someone as he orders his food. Moreover, I agree with what you have stated. It is true that teaching Bitcoin to children is not a necessity, nor should it be required. Bitcoin, specifically when it comes to investing, is still far too complicated for them to fully grasp. They have to learn a lot of other things that is essentially when it comes to investing, hence it is better and surely suggested to start small and easy if anyone do ever decide to start introducing Bitcoin to a child. Lastly, it is best to remember that they are kids and they have other more valuable things (at least at their age) they should be learning about and endulging themselves in. Let us not rush our children.

[bettercrypto]

I think the child's parents only taught them how to pay, not about Bitcoin technology and the children saw Bitcoin as an ordinary means of payment like other digital money which is currently widely available but is centralized. It's okay to teach your child about Bitcoin but it's not a necessity, because there are still more important things that children have to learn than about Bitcoin, and because it's not clear when the transaction occurred, it could be that the price issued is normal for that time and to be a little high for today's.

Besides what you said, maybe the parents of those children are starting to familiarize them with the usage of Bitcoin while they are young; maybe they don't really understand Bitcoin yet, but what is being injected into their minds is that Bitcoin is money that can be used by merchant businesses that accept it.

And then the parents of these children probably know that they won't be able to turn on Bitcoin right away, so in that way, the children will really realize that Bitcoin is a good asset that can be used for such things.

[traderethereum]

Actually, it's okay if parents teach their children to learn to use bitcoin to buy something and I was impressed to see that these children can do it to buy something at McDonald's.
But it's better if this is just a one-time thing and parents can teach their children more about investing in bitcoins rather than spending their bitcoins on things like that, especially if it's fast food.
Hopefully, their children won't spend their bitcoins on other things because that will be a waste for them and they won't save their bitcoins.
It would be more valuable if their children could invest their money in bitcoin rather than shopping, especially since bitcoin will become something valuable in the future.

[Uruhara]

I also appreciate these children who have been able to transact with Bitcoin. They must have had parents who were great enough at educating them so they could do it. But I hope their parents also have to supervise their children. Because I'm afraid they will be cheated by someone. For example, they don't know the value of bitcoin. So they will send the amount requested by the other person (transaction opponent). And that will cost those kids more than they should. But I don't want to look at it from that point of view for now. So I would think positively that these children are indeed under the supervision of their parents when carrying out transactions. I hope their parents can teach them about the value or price of a bitcoin in the money they use.

[Stepstowealth]

But even so, I'm still in awe of how these kids were raised by their parents since even at such a young age, they are progressively learning about the idea and features of how important Bitcoin is to them. I respect parents who do an excellent job of educating their kids.

The younger generation are more accustomed to technology than people who are old. These keds and young people these days make up a large percentage of the techie community. I am not shocked to see Children that age understanding how to use bitcoins. I feel like some people can make the mistake of underestimating these little kids, and what they can learn. Some of these children can faster understand some modern technology than the people you expect will understand it.

[AicecreaME]

Looks fake to me.

I've looked up to it and nothing appeared about a kid who's buying in McDonald's using Bitcoin. I didn't even hear the news about McDonald's accepting bitcoin as a payment. Even if it this is true, it looks like that his parent's are just trying to use him to make it funny like the guy who pays a lot of Bitcoin for just a slice of pizza.

[zaim7413]

It's impossible for 170,000 sats to be spent on them shopping for several people, my assumption is that parents deliberately take their children shopping at McDonald's for their children's formal events. The positive side of payments made using Bitcoin by his parents. He (the child seen in the picture) gained new insight into payments, so far he only knew fiat money was used as a means of payment.

After he sees what his parents have just done, he can learn new lessons even though his parents did not teach them directly. Parents need to teach children from an early age to learn more about Bitcoin to broaden their horizons in the future.

[retreat]

I think if it's just for education, allowing your child to order McD's using Bitcoin is no problem, in fact I think it's quite cool. However, if you do regular transactions and pay using Bitcoin, I don't think it's worth it at all because of the fees and waiting time.
But I really appreciate the father who introduced Bitcoin to his child from a young age, and even immediately gave his child practice in using Bitcoin for direct transactions. Hopefully in the future I can teach my child about Bitcoin like what he did to his child.

[Ever-young]

Looks fake to me.

I've looked up to it and nothing appeared about a kid who's buying in McDonald's using Bitcoin. I didn't even hear the news about McDonald's accepting bitcoin as a payment. Even if it this is true, it looks like that his parent's are just trying to use him to make it funny like the guy who pays a lot of Bitcoin for just a slice of pizza.

Maybe it might be, it might be real or fake, I just went back to check on the link again and I notice that the tweet has been deleted, which is really not a good sign though.

I don’t know what the person who made the tweet want to achieve from it if they where all made up story or not, but I doubt it was since their is no reward which could be giving to such person.

As for the part where you don’t about MCDonald’s involvement in bitcoin acceptance I think this article will be helpful for you McDonald’s starts to accept Bitcoin and Tether in Swiss town the news is almost a year old now unless something changed if not, they are among the large business which have openly be accepting bitcoin’s for payment from their customers.

[Blowon]

it's great to see other people using bitcoin and innovating with it. Unfortunately, some countries limit this for the reason that their country's currency does not fall due to the existence of Bitcoin as a means of payment. but that's not bad, at least our country still allows bitcoin as a commodity and I'm sure some countries can also use bitcoin as a means of payment like what you posted.

[Majestic-milf]

I am shocked that they are using BTC in a frivolous manner.

But perhaps it means btc will stabilize at a low number say 30k and stay there for decades. Then spend 45 dollars worth won't be as stupid as buying 2 pizzas for 10000 btc was.

So I guess the parents are betting that btc will be stabilized close to the current price it is.

I don't find it shocking because, because for example, many service and product sellers are accepting BTC as payment method, which means on the other hand there is a buyer who is buying those services and products using their BTC. And if all people will start to hold the BTC instead of using it for p2p purposes then things will not be the same and people might not adopt it at first. Think for a second.

If they had paid in fiat, then that would be only $45 dollars which they can also use to buy the same amount of BTC, the point is they had money but they prefer to use that money to buy MacDonald instead of keeping/investing the funds/fiats in BTC. I hope you understand my point.

I think what he's actually surprised about is that these kids chose to use that amount of BTC to purchase something as frivolous as McDonald's meal. And even if it were local fiat used, it would have still being shocking because in this economy, you waste such an amount on something as fleeting as that .. That's too much spending for a craving, don't you think? Then again, who can question the power of an aching need to satisfy hunger? I mean, Lazlo Hanyecz can relate