TORONTO- In a new twist, fast food Company KFC Canada is now accepting bitcoin as payment for a bucket of chicken nuggets. The limited-time offer was launched on Thursday by the restaurant chain and is said to have sold out in by 11 a.m. ET on Friday. The bitcoin bucket offer included contains 10 chicken pieces, gravy, a side, waffle fries and two dips. The buckets are said to have sold in 1 hour.
Limited available information on the value and use of cryptocurrencies has not deterred the chain from diversifying into the currency with the company posting on its Facebook page, “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,”
A live virtual currency tracker was also included in the Company’s Canadian Facebook page to keep track of the number of bitcoins required to buy the $20 CAD bucket.
However, users could not walk into the restaurants and pay with directly with crypto cash. Payment was made via Bitcoin payment service provider, Bitpay and the meal delivered to your doorstep at an additional cost of $5 CAD
Users on social media had a field day pointing out how your $20 bucket could be worth $2000 in a couple of months. On Twitter, KFC Canada rode the crypto-fame and even offered a bucket to Bitcoin’s “founder”.
“If Satoshi reveals his true identity, his bucket is on us,” read a tweet from the official KFC page.
Having nowhere to spend cryptocurrency has been a major hurdle in the currency’s acceptance and spread. KFC accepting Bitcoin as a form of payment is a small but sure step in bridging that gap.