Monday, 16 July 2018

Bitcoin becomes legal tenders with KFC Canada’s new Bitcoin Bucket

Bitcoin Bucket

TORONTO: While the value of Bitcoin has surged in recent months, we’re still a ways away from being able to pay for every day goods using the cryptocurrency.

However, if you’re a fan of Kentucky Fried Chicken, you can now trade some of your hard earned BTCs for a special Bitcoin Bucket.

If you order through KFC’s website, you’ll trade the Bitcoin equivalent of $20 Canadian dollars for the meal plus shipping. At the time of writing that was precisely 0.0010102 BTC.

The bucket includes ten chicken tenders, waffle fries, a medium side, medium gravy and a pair of dips, and you’ll pay via Bitpay.

“Despite the ups and downs of Bitcoin, the Colonel’s Original Recipe is as good as always,” KFC Canada’s website says. “So, trade your Bitcoins for buckets and invest in something finger lickin’ good.”

Paltry poultry

Unfortunately, the Bitcoin Bucket is currently listed as sold out on the KFC Canada website. Perhaps the fast foot giant made a poultry, sorry paltry amount?

 Motherboard points out it might not be the wisest idea to blow your Bitcoin stash on fast food.

In 2010, Laszlo Hanyecz spent 10,000 Bitcoin to buy two Papa John’s pizzas. That poor chap’s stash would be worth around $143 million today.

“It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,”  he told the NYT in 2013. “No one knew it was going to get so big.”

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