KFC Canada Has Started to Accept Bitcoin For Cryptocurrency-Themed Fried Chicken

KFC Canada Bitcoin Bucket

KFC Canada Bitcoin Bucket

Customers can get it for bitcoin equivalent of CAD $20 (currently 0.0011564 in the virtual currency). Inclusive of bitcoin transaction fees, which are averaging at around $5 on major blockchain wallet platforms like Blockchain and Trezor, the KFC bitcoin-themed fried chicken bucket costs over $30.

The marketing ploy was accompanied by a Facebook live video featuring bitcoin prices and bitcoin-themed jokes, such as "Trade your digital tender for chocken tenders", "It's the $20 bucket, but more futuristic and a little confusing", "Bitcoin is down".

In total, the bitcoin-themed bucket of fried chicken costs just over $27, including the $20 price of the bucket itself, taxes, and shipping fee.

With this publicity stunt, KFC now joins a fast-growing list of companies to hop on the cryptocurrency bandwagon. It has also suggested that other cryptocurrencies may be accepted as well in the future.

That's right, you can now buy KFC's fried chicken with bitcoin in Canada.

KFC Canada doesn't seem to be holding back with the tongue-in-cheek presentation, particularly through its social channels. The problem is Bitcoin network and its underlying scalability issues.

Second-layer and off-chain scaling solutions including Lightning and Ethereum's Plasma are capable of processing near-instant payments with significantly low fees.

Customers will be able to pay for the fried chicken buckets using BitPay's payment processing service. As such, in the long-term, fast food conglomerates like KFC accepting cryptocurrencies as major payment methods is a possibility.

While no time frame has been specified as to when they are accepting Bitcoin payments, the order time that you can select for delivery only has slots till 8PM on the 19th of January.

The post KFC Canada Has Started to Accept Bitcoin For Cryptocurrency-Themed Fried Chicken appeared first on NewsBTC.

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