Cryptocurrency is now accepted at Pizza Hut in Venezuela

[Serbberq 724]

That is good improvement to cryptoworld, and bitcoin and other cryptocurrency are becoming more popular around the world. And will help to be adopted by other sectors as means of making transactions. 

[Mella 3680]

I am think this is helps in a way for the more adoption of the Venezuela and cryptocurreny there. I am hope that Bitcoin is accepted in more country and more companies except from this one and most we will be able to use our crypto to buy a pizza or a coffee with crypto.

[percare 3192]

Venezuela has real adoption of cryptocurrencies. The hyper inflation on the currency is going on for many years and cryptocurrencies are an exit from the misery of having to deal with money that is thrown in the streets the day after as they lost all their value. It is good to know that crypto is accepted in more places for the people in the country that need to own strong money.

[kryptonick 2659]

Great news, adding some little more to the overall bullish sentiment. Anything like that always helps and perhaps in Venezuela Bitcoin holders won't spend their assets for pizza like it was done by some people in the past and regretted it. I know this joke is old now but I couldn't help myself.

[pablomarwan 3082]

Reliance on digital currencies is a big step. This is the right time for even the stores to embrace digital currencies despite the fluctuations, but they will compensate with the passage of time. This experience that Pizza Hut stores have gone through. It will enable other stores to work on digital currencies as well, and they can accept cryptocurrencies as a payment method.

[1qDan 478]

This is interesting, since pizza hut for years has accepted cryptocurrencies as a means of payment, remember that they were the ones who received 1000 bitcoins for a simple pizza, and in the same way, it is important that these companies support the economy of Venezuela, by after all it is a help.

[Fixfin 2569]

Adoption is increasing and Venezuela is becoming a hotspot for Bitcoin adoption. Now of course the fees would be higher than a pizza so perhaps they accept payments with the Lightning Network? This would make it better. Alhtough this app "cryptopurchaser" is perhaps just selling the bitcoin and settles in fiat, like Bitpay is doing.

[Sykkuno 2887]

Very good news, meaning that cryptocurrencies are now adopted by one of the companies that is a worldwide franchise and I expect to be adopted all over the world and not just in the country of Venezuela, this thing can do wonders with adoption and I hope to see more companies coming.

Edited December 7, 2020 by Sykkuno

[yonkii 3205]

This is something amazing! It could create an wave of adoption in more Pizza hut stores outside of Venezuela in many countries and give to all of us the option to buy our favorite pizza with our favorite cryptocurrency. It means a lot for the adoption and is another good news as Pizza Hut now officially enters the big list of companies accepting cryptocurrencies.

[Smallingcane012 344]

Crypto currency is now accepted in any countries across the world due to benefit of it in many countries in the world.

[Abuhassan 89]

This is a great news slowly and gradually top countries have started to adopt crypto currency as means of local commerce this is a step further for Bitcoin to obtain wider adoption.

[Zafar123 906]

From today, you can share with your family and pay with cryptocurrencies … in any of the Pizza Hut restaurants in Venezuela. The announcement adds that among the cryptocurrencies accepted at Pizza Hut are bitcoin, ethereum, dash, litecoin, binance coin, tether, DAI, and Cryptobuyer's native token, XPT.

[tienda 8776]

This is good, and I think in Venezuela will make it in many sectors not just in Pizza. Because their government accepted or adopted yet cryptocurrency, so I think it is possible they are using it as a local currency. But the important, what they are doing will success about it.

[KHALED ADWANI 1216]

Doing this work for a large chain such as Pizza Hut will have a great impact on the market in Venezuela and in various countries of the world as companies will start competing with each other to offer more offers and facilitate the method of payment for their customers.

[Syriana 350]

It is good news for users of cryptocurrencies in Venezuela and I hope that this experience will be circulated to all merchants and countries in the world to facilitate the payment process and encourage the use of the cryptocurrency more widely.

[Upright 2688]

Venezuela actually is well in to the use of Cryptocurrencies, as basically from the evidence of it having to create their own countries coin of the Petro just instantly made the use Cryptocurrencies in the country quite legal, as on having to accept Crypto in business sites

[Samotokika 1780]

On 11/28/2020 at 6:00 PM, BrolySSJ said:

The uses of bitcoin and crypto grow every day as more and more merchants are starting to accept it, and it seems that now cryptocurrency is being accepted in the food industry at one of the most beloved pizza franchises, i.e. Pizza hut. This was introduced yesterday, where all Pizza Huts in the Venezuela region will now be accepting bitcoin as a form of payment. 

 

However, their adoption of crypto does not stop at bitcoin, and they also accept the traditional currencies of Ethereum, sprint, litecoin and even the binance coin (which in a way, in my opinion, must be a promotional tool for the binance exchange). 

 

Cryptopurchaser, the app used as a means to pay for the food at Pizza Hut with your crypto, was first introduced in June, and stated that over 20000 merchants will have capabilities of accepting bitcoin and other crypto and as we can see this is slowly becoming a reality. The merchants can then choose whether they want to get that amount in fiat currency after the payment is made, or if they would like to hold their funds in the crypto for the future, thereby also giving the merchants the opportunity to test the waters of the crypto trading market. 

 

This is an incredible development, and within the next few months, if this proves to be successful and has little drawbacks, then i think that soon this could be adopted in other countries as well. 

Really it's wonderful news to hear that different food corners are now using cryptocurrencies and dealing  within it.it makes the cryptocurrency popular among them. I hope so that this would be common more and more in other countries too.

[mzk7736 1592]

Venezuela have proven out to be one of the most crypto friendly nation around the world. Now big franchise like pizza hut accepting BTC would be a great opportunity for venezuela users to adopt cryptocurrency.

[annayks 2314]

This is really great. I think that with cryptocurrencies Venezuela will make it as they are worldwide adopted and accepted so they can easily use Bitcoin or anything that their partners accept for this. Pizza Hut is a huge multinational and accepting Bitcoin makes it big news.

[Joseph J 608]

Paying with Bitcoin is a new way of adopting cryptocurrencies as digital money and more in Venezuela that has more than 4 years of hyper-inflation, and Crypto currencies are an escape route for the crisis that this country has, if Bitcoin is accepted in Pizza Hunt, also in some stores are accepting Dash, Litecoin, Ethereum and Currencies $USD, due to the national currency called Bolivar is very Devalued.It is also legal to pay with Bitcoin in Venezuela  but in some contries is restricted or is not legal,Little by little, countries will adopt Bitcoin as a form of payment, obviously it is a currency with crisis or without crisis.

 

 

[Mamba79 682]

In Venezuela every day there are more and more businesses that add to the adoption of cryptocurrency as a means of payment, it is great news since the currency of Venezuela is totally devalued and now they have the cryptocurrency as an alternative 

[Cryptotakl1 0]

That's a good news for venezuela users they can enjoy buying food with crypto currencies. Crypto currency are now getting the attention and important the deseer .it is indeed a quick interesting phoneme .

[rahul12345 0]

This is really great .i think crypto currency Venezuela will make it as they are world adopted and money and still really decrease the percent of stealss and frauds .i hope so that this would be common more and more in other countries too .

[Mosab73 333]

There is nothing more beautiful than shopping and then paying your purchases using the cryptocurrency. This is a good step in Venezuela and I am sure that this step is being followed by other steps in tourism companies, restaurants or hotels because of the ease of dealing with digital currency

[cryptovlek 2597]

So pizza hut doesn't accept Bitcoin directly but with another third party involved. Which is what we wanted to remove and have the transactions made without any third party or bank. And these third parties keep appearing, they accept our Bitcoin, convert to fiat for a second fee and pay with fiat the merchant. No adoption here.