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Chickcoin? Introducing the ‘KFC Bitcoin Bucket’

 1 min read / 

KFC has said it will allow customers to use cryptocurrency, bitcoin, to purchase food.

The “Bitcoin Bucket” will be exclusively available to those living in Canada using the cryptocurrency to pay for deliveries.

The Canadian branch of the fried chicken chain announced the news on Thursday via social media.

Following the announcement, the fast-food chain started a real-time price tracker for how many bitcoins would be needed to buy a bucket of chicken. KFC has announced however that it will be pegging the bucket to $20, presently worth 0.00144 of a bitcoin.

KFC’s Twitter account said: “Sure, we don’t know exactly what Bitcoins are, or how they work, but that shouldn’t come between you and some finger lickin’ good chicken.”

Despite the obviously welcome news to many chicken lovers, this is also proof that bitcoin is entering the mainstream economy. Some have criticised KFC for using the cryptocurrency for a publicity stunt, but it seems that a form of tender originally meant to undercut the state-backed counterparts is becoming accepted by international bodies.

With some concerned that the present obsession with bitcoin suggests a crypto-bubble, the fact that it is starting to developing an everyday use suggests bitcoin could remain a highly sought-after commodity.

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