McDonald Set To Accept Payments In Tether And Bitcoin In Lugana, Switzerland
The American multinational fast food chain McDonald’s has started accepting payments in Bitcoin and Tether in Switzerland’s city of Lugana, populated by around 63,000 people. The announcement comes in a tweet by Bitcoin magazine on October 3. And it posted a video in which a customer ordered food using McDonald’s kiosk and paid for it […]
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Tesla CEO Elon Musk says that he will eat a happy meal on television if McDonald’s accepts the meme cryptocurrency dogecoin (DOGE). However, McDonald’s replied, “only if Tesla accepts grimacecoin.” Musk’s statement followed a tweet by McDonald’s asking how crypto Twitter is doing.
Elon Musk Tries to Tempt McDonald’s to Accept Dogecoin
Tesla and Spacex CEO Elon Musk offered to eat a McDonald’s happy meal on television if the fast-food restaurant chain accepts dogecoin (DOGE) in a tweet Tuesday.
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The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in Italian Switzerland, which is becoming a hotspot for crypto adoption in Western Europe. A one-minute video of ordering food on McDonald’s digital kiosk and then paying for it at the regular register with the help of a mobile app was uploaded on Twitter by Bitcoin Magazine on Oct. 3. The Tether (USDT) logo could be spotted next to the Bitcoin....
You are what your liabilities say you are. I had the privilege to meet with a very well respected economist yesterday, and he explained this undeniable fact. You are what your liabilities say you are. What does this mean? Let's take a look under the hood of a global giant, McDonald's. A McDonald's franchise in Spain accepts Euros from customers and pays their supply chain, building costs and labor in Euros. McDonald's is a US domiciled company and reports quarterly earnings in USD and ultimately pays their shareholders in USD. At the moment a customer buys a hamburger in the Madrid,....
Residents of the Switzerland city will be able to pay taxes, parking tickets, public services and tuition fees using crypto. Switzerland’s southern city of Lugano plans for many local businesses to accept some cryptocurrencies as "de facto" legal tender as part of a partnership with Tether (U.Speaking at the city’s Plan B event on Thursday, Tether chief technical officer Paolo Ardoino said the firm had set up a 3 million-Swiss franc fund in collaboration with Lugano officials to encourage adoption of Bitcoin (BTC), Tether (USDT) and the LVGA token for shops and businesses across the city.....
The Switzerland base of multinational services giant and one of the so-called “Big Four” accounting firms, Ernst & Young (EY), will become the first of its kind to accept bitcoin as payment for its services. Come January 2017, clients of EY Switzerland will be able to pay for the firm’s auditing and advisory services using bitcoin. The accounting giant claims to be the “first advisory firm to accept Bitcoins for its services,” in an announcement last week. The new payment method is a part of EY “digitizing itself”, the firm claimed, explaining its reason to accept the world’s most....