Food Chain Everbowl To Let Employees Get Paid In Bitcoin
The California-based business said the move aims to provide an alternative savings vehicle for its employees.Corporate employees of superfood chain everbowl now have the option to receive a portion of their salaries in bitcoin, the company said in a press release Wednesday.“We are proud to be at the forefront of exploring how Bitcoin can be used as an alternative savings vehicle for our corporate employees,” everbowl founder and CEO, Jeff Fenster, said in the release.The optionality for everbowl’s employees follows a move from earlier this month by the California, U.S.-based company to....
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An entrepreneur from Ohio paid Everbowl franchise fees in bitcoin for two new locations following the company’s adoption of a Bitcoin standard.
The California-based food chain said inflation and eroding purchasing power of fiat currencies prompted the switch into Bitcoin.
Another restaurant company is adding Bitcoin to its balance sheet. On Everbowl’s website, they claim “At everbowl, we believe the key to life is motion,” and they’re putting their money where their mouth is. Under the Bitcoin standard, a new stage awaits this California-based “quick-serve restaurant chain with over 50 locations.” Are they embracing the […]
Blockchain technology has emerged as a tool for addressing an important global issue: the growing complexity of the food supply chain and the increasing amount of wasted food, according to a senior research fellow at the University of Surrey. Writing in The Conversation, an online source of information from the academic and research community, senior research fellow, Phil Godsiff said that a recent analysis suggested that half of U.S. food production is wasted, with global estimates above 30 percent. The growing use of sensors in the food supply chain, paired with blockchain technology,....
"We’ve done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in Bitcoin," said Ned Segal. Twitter may be the next major company to purchase Bitcoin, according to the tech firm's chief financial officer.In an interview on CNBC’s Squawk Box today, Ned Segal, who has served as the CFO of Twitter since 2017, responded to questions about how Twitter would react to Tesla’s recent $1.5 billion Bitcoin (BTC) investment this week. Segal said the tech firm was watching other companies closely, and discussed potentially adding the crypto asset to its own....