McDonald’s Starts Accepting Bitcoin in El Salvador
Popular fast-food franchise – Mcdonald’s – is receiving payments in Bitcoin, only in El Salvador. This development followed the Central American country’s adoption of the cryptocurrency as a legal tender on Tuesday. McDonald’s Accepts Bitcoin Through Lightning Network All businesses across El Salvador will be required to accept Bitcoin in exchange for goods and services. But those who are technologically unable to receive cryptocurrency can be exempted from the law. Although the law stipulates that businesses must accept Bitcoin, many people had doubts about whether....
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There are many rumors being spread regarding McDonald’s possibly accepting bitcoin soon. The reason speculation is so high is due to their announcement of accepting a new digital currency soon. They entertained a variety of questions through twitter, and the response was particularly interesting when asked if it was bitcoin. The tweet towards McDonald’s was as follows: “So @McDonalds is going to start accepting a random type currency soon.. I wonder it its $btc #bitcoin”. The response given was:
Fast food giant McDonald's began accepting Bitcoin payments in El Salvador on Tuesday, at the same time the nation become the first to adopt Bitcoin as legal tender.
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Bitcoin-as-a-payment is becoming reality in El Salvador after the country formally recognized the cryptocurrency as legal tender. El Salvador’s recognition of Bitcoin (BTC) as legal tender has opened up new payment options for its citizens, with fast-food empire McDonald’s reportedly accepting payments in the cryptocurrency through Lightning Network. Journalist Aaron van Wirdum broke the news Tuesday after he visited a McDonald’s restaurant in El Salvador, where he was presented with a printed QR code directing him to an invoice page on Lightning Network. McDonald’s had 19 locations across....
September 7th, 2021 will go down in history as the first day in history when a station nation adopted Bitcoin as legal tender. As Bitcoin has been covering over the past week, El Salvador rollout its BTC Law. The measure has seen a lot of criticism, and opposition from other countries, financial institutions, and a […]