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Author Topic: The Kids buying Mcdonald order via BTC  (Read 776 times)
Joshapat
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October 07, 2023, 12:59:09 PM
 #101

Bitcoin which is becoming increasingly popular will of course be easy to use for transactions so it is natural that now more and more shops or restaurants are accepting bitcoin payments directly, and of course I hope transaction fees can be cheap because I think transaction fees which can reach $3 are expensive.


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October 07, 2023, 07:54:48 PM
 #102

1.Pictures can be easily faked nowadays. Even AI can create pictures that seem totally real. I don't trust pictures as an evidence anymore.
2.Someone is buying junk food with BTC. Should we be happy about this? McDonalds is complete garbage.
3.Assuming that this picture is true, I'm 99.99% sure that the kid doesn't have any BTC whatsoever. His parents probably have BTC.
I'm also 99.99% sure that the parents won't give the kid access to their crypto wallets.
Isn't this Twitter/X account a meme account? Meme accounts usually post photoshopped images.
Your statement may be true, that we should not be too serious about considering all information on social media to be trustworthy, a lot of fake news has been shared on social media and we may be deceived if we do not verify the news, I am looking for valid information regarding information about "The kids buy McDonald's using bitcoin", I found video footage from the picture above, they are testing the lightning network service for payments using McDonald's Australia.

https://www.youtube.com/watch?v=myVyUS8g_4Q

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October 07, 2023, 08:27:17 PM
 #103

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.

Maybe it was a family meal. This isn't that much money if you think in terms of a normal restaurant. For McD it's a lot, but then we don't know how many people he was buying it for. For one person this is almost  an impossible to eat amount of burgers and fries, but for 4 people it's pretty normal.

Also, he doesn't need a lot of money to be spending this much at a restaurant. Any normal earning person in a first world country can afford to spend that kind of money and many people these days earn some money in bitcoin, me included.


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October 08, 2023, 08:08:28 AM
 #104

This episode reminds me when I used my Xapo card years ago. The bad were the taxes too high on the time, but hey, using BTC to buy some bread was awesome.
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October 08, 2023, 03:05:32 PM
 #105

Bitcoin which is becoming increasingly popular will of course be easy to use for transactions so it is natural that now more and more shops or restaurants are accepting bitcoin payments directly, and of course I hope transaction fees can be cheap because I think transaction fees which can reach $3 are expensive.
Bitcoin had been a cool and easy network to use without having to bother ourselves about so many things. This kids must be rich that is why it is very convinent for them to trade Bitcoin online for what they really want. I believe even a newbie that do not understand Bitcoin fundamentals would be able to trade Bitcoin successfully without issues if they are well directed. The is a great future for Bitcoin and the market is going to be huge in years coming looking at the way it is very easy to learn and understand Bitcoin and it Blockchain.
Bitcoin, Bitcoin, Bitcoin... Totally agree with you. Bitcoin's simplicity and ease of use have made it popular, especially among younger people. Yes, Bitcoin traders are seen as wealthy, but is that always true? Are the prospective rewards what attracts them? Your point about Bitcoin's accessibility is crucial. Even "newbies" can trade Bitcoin with the appropriate advice. And isn't that lovely? Financial democratization. The future of Bitcoin looks bright, and as you noted, its simplicity and blockchain technology are fueling its adoption. But as the market grows, will it remain accessible and easy for everyone?

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October 09, 2023, 11:48:41 AM
 #106

....
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.
I wouldn't say kids shouldn't be taught Bitcoin, kids should focus on education first. If kids are smart and educated in higher education, alone will know about Bitcoin. Because Bitcoin has become very popular nowadays. In different countries of the world, various types of products are being bought through Bitcoin, and payments are being made through Bitcoin. However, those who want to teach children Bitcoin should not give wallet passwords to children. Because the child likes to buy unnecessary things more. If you leave your child with the wallet password, your child may buy unnecessary things and use up your bitcoins. OP in your two pictures the kids are paying with bitcoin, maybe the kids are accompanied by the parents. I think parents will not easily let their kids pay with bitcoin wallets.
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October 09, 2023, 12:59:25 PM
 #107

That's a huge sum to be spending on what he's actually ordering.

Now I see more reason why most parents need to educate their kids more on bitcoin and every full details should be told to them,so as for them to know how much more bitcoin is important and to know how to spend it as well.

Cause it seems they now own a wallets but they dont know their spending more for just that thing they are ordering. we know our kids always like to spend lavishly when being exposed to an access of getting what they wants.so we need to give them the highlights of how to manage such earnings.

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October 09, 2023, 05:28:36 PM
 #108

Bitcoin which is becoming increasingly popular will of course be easy to use for transactions so it is natural that now more and more shops or restaurants are accepting bitcoin payments directly, and of course I hope transaction fees can be cheap because I think transaction fees which can reach $3 are expensive.
It's really great if every restaurant and shop accepts bitcoin it will increase the supply of bitcoin even more. But the decision of each company to accept bitcoin as a payment method or not is up to them there are no marketplaces where bitcoin is generally accepted. Instead some companies in various service industries are adopting virtual currency as an additional payment option to increase their consumer base.

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bakasabo
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October 10, 2023, 07:43:03 AM
 #109

Bitcoin which is becoming increasingly popular will of course be easy to use for transactions so it is natural that now more and more shops or restaurants are accepting bitcoin payments directly, and of course I hope transaction fees can be cheap because I think transaction fees which can reach $3 are expensive.
It's really great if every restaurant and shop accepts bitcoin it will increase the supply of bitcoin even more. But the decision of each company to accept bitcoin as a payment method or not is up to them there are no marketplaces where bitcoin is generally accepted. Instead some companies in various service industries are adopting virtual currency as an additional payment option to increase their consumer base.

Sorry for spoiling your moment of happiness, but this purchase was made in El Salvador, in a country where Bitcoin is considered as national currency since 2021. So this isnt something special in that tweet or video. Just a regular purchase. Should I be amazed that the kids made a purchase? Absolutely not, as they looked grown up enough to do that. I would be more amazed by fees, as it is $13 for $33 payment. This would be first and the last time I would use BTC for such purchase.

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October 11, 2023, 07:36:22 PM
 #110

These kids now adays have got to be with it to keep up. When I was growing up it was right at the start of the cellphone revolution and I was in like 6th grade when I got my first flip phone lol. Crazy times! Its great to hear that young kids through have the knowledge to buy mcdonalds with crypto.

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October 15, 2023, 07:50:33 AM
 #111

Mixed feelings about this.  First of all, if they're spending that number of sats at Mickey D's, that kid is going to be obese by the time he gets to puberty, and he's probably going to end up with tits and gender dysphoria and all the other modern day maladies the new generation has.  I'm not joking, and it makes me anxious.
When a Chymist speaks, you could as well expect some dialysis of the situation and possibly the prescription to keep it at bay. Well done my Chymist on first straw at the incident.
Jesus H....I missed your post entirely until just now, and that misplaced medical jargon gave me a laugh.  And yeah, that kid in the photo could be some goddamn AI propaganda piece, or he could have had his McTits photoshopped out so he didn't look like a McFatKid.  These days anything could be possible when you look at something like this.  That's also scary to me.

But like I said when I was assuming everything was to be taken at face value, I hope that future fat fuck kid is aware of what's happening with the bitcoin transaction and isn't just waiting to whip out his smartphone so he can further ruin his already ruined social skills.

Now who wants to call me cynical?  I'm so far past that I'm levitating.

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..CASINO....SPORTS....RACING..
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October 15, 2023, 11:24:18 PM
 #112

These kids now adays have got to be with it to keep up. When I was growing up it was right at the start of the cellphone revolution and I was in like 6th grade when I got my first flip phone lol. Crazy times! Its great to hear that young kids through have the knowledge to buy mcdonalds with crypto.
Despite having doubts about what has actually happened regarding the picture, it's true that kids these days are more tech savvy than the past generations and it is always surprising and impressive to see just how much they know when it comes to technology and the internet. Hence, no matter the validity of the pic, it wouldn't be surprising to know that there a number of kids that are knowledgeable about cryptocurrency.
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