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RE: No joke: KFC Canada starts accepting Bitcoin for a bucket of chicken, immediately sells out Many commenters on the Facebook post appeared to regard the pro
totally agree. paying more transaction fees than the price of the bucket of chicken seems a little absurd, but i too like the 'move' by kfc...
there is almost no day recently where there is no crypto news. maybe this is still just the silence before the storm, because this is more of a 'promotion' as it is an economic gain for kfc.
still, nice development, maybe other companies follow...
More than the transaction fees, I think the the thing to focus on is the symbolic importance of this. A huge worldwide retail brand like KFC at least took notice of cryptos and did a promotional using Bitcoin. This I think is a significant development. They will eventually figure out the right coin to use if they decide to actually acccept crypto currencies.
agreed. btc was never suited for everyday-uses like this (or something like microtransactions), but for example eth could be used as an everyday-payment-service. the symbolic character of this cannot be denied, though.