Recent news around Bitcoin could be very tasty for fast food lovers! Betting giants Betway have released odds for people to take on the cryptocurrency being accepted by McDonalds by next year. It seems that the sharp rise in the price and mainstream popularity of the cryptocurrency has led to a real feeling that the fast food giants will accept it as a payment method soon. Currently, the betting is 1/2 and this could see many people taking the wager with odds so short.
It’s not only McDonalds that may accept Bitcoin
What is more amazing is that Betway has not only limited the odds it is offering on Bitcoin becoming an accepted payment method to McDonalds. Retail stalwarts Argos are in at 4/5 to begin accepting Bitcoin payments by late 2018, while travel giants British Airways are currently showing as 1/3 to do the same. In what would be a major move for them and their customers, the all-conquering Amazon are in the running too, with odds of 6/4 being given by Betway.
What is driving this appetite for Bitcoin payments?
With the amount of companies Betway have begun to offer odds on and the very short prices you can take, it would seem that there is a real appetite in business for Bitcoin payments. The reason why is that Bitcoin itself is simply unstoppable at the moment and the betting giant expects this to not only continue but also see it become a form of currency that many more people will start to invest in.
After hitting the $10,000 dollar mark in the market recently, Betway is forecasting that the cryptocurrency will continue its heady rise. Current odds of just 11/8 are being offered for Bitcoin to go past the $20,000 mark by the time 2018 ends, which shows the feeling around this most dazzling of digital currencies.
Betway spokesperson confirms their view on Bitcoin
Alan Alger, speaking for Betway, confirmed that the daily gains they have witnessed for Bitcoin is leading them to believe that the $20,000 mark is easily within reach by the end of 2018. This naturally suggests to them that more people will invest in Bitcoin and have it as a form of currency which retailers will then have to start accepting as a payment method. No-one is sure how many Bitcoins a Happy Meal would cost, but we might find out in the not-too-distant future!