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McDonalds to accept Bitcoin by 2018?

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!

 

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15 Comments

  1. oh just odds. I thought it’s already official. haha! 😀

    Reply
    • The fact that odds are there, means there is a high likelihood this will happen. Or else no onevwoukd talk about this. And this helps to give acceptance a push! Think positive.

      Reply
  2. No big retailer will accept Bitcoin Core (BTC) as payments. The blocks are full, and the layer 2-solutions, like Lightning Network, will probably never work as the fundamental problems for LN have not been solved after two years.

    Big retailers will start to accept Bitcoin Cash (BCH) in 2018. The scaling roadmap is clear and simple. Many developer communities are behind it. It works today with low fees and fast transactions.

    Gentlemen, place your bets.

    Reply
    • Norway, I know that the BCH crowd touts this, but today that prophecy seems very unlikely to come true. All the hype is about Bitcoin, not BCash. What you are stating is a highly speculative opinion which would mean that BCH becomes mainstream and not Bitcoin. Anything can happen, but nothing points to that scenario happening. As for the Lightning Network, it is nearly complete according to developers.

      So you assume the unlikely as likely and assume that LN will not be rolled out soon, when everything points to it being rolled out soon.

      Reply
      • Don’t tell me you still believe LN will save Bcore? How many LN channels do you think a normal person will need to have open?

        Reply
    • Many developer communities ? Name all the devs contributing to it besides Amaury Séchet ? McDonalds Clearly mention bitcoin and nothing of BCash.. good luck with ver and jihan jump ship and you’re left holding worthless alt coins

      Reply
    • Tokyo accept BTC in Biccamera stores already, Japanese are known to adapt to new tech first. This is already happening in Tokyo, I seen signs everywhere saying they accept BTC.

      Reply
  3. Hype about Bitcoin is not going to change the fact a USD6 transaction fees won’t enable daily transactions. Plus I thought you core guys just wanted it to be a “store value”.

    Reply
    • Cheap transaction fees aren’t worth sacrificing the security of the protocol. If you want a centralized scam coin which has cheap fees why not use litecoin ? Big blocks, cheap fees, 2.5min block times for transactions ? More decentralized and better developers ?

      Reply
  4. I want to attend the meeting.it’s F.O.C

    Reply
  5. Anything can happen, but nothing points to that scenario happening. As for the Lightning Network, it is nearly complete according to developers.

    So you assume the unlikely as likely and assume that LN will not be rolled out soon, when everything points to it being rolled out soon.

    Reply
  6. Big boss MCBic. Najs work.

    Reply
  7. In the past I thought this was possible. And of course, like every other person shoudl have bought more xD.
    But with the high transaction fees and the relativly slow network this hopefully wont happen.

    A different coin is appreciated though.

    Reply

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