When you look at the evolution of money, cryptocurrency is proving to be the most favored and fast-growing payment method among the various known modes of trade.
The famous US-based fast-food chain, Pizza Hut, has embraced cryptocurrency as a mode of payment from its many clients. Burger King and Church’s Chicken are among other many fast-food chains in South-America that have incorporated and quickly embraced the use of crypto as a suitable mode of payment.
Crypto buyer, a crypto service firm, recently went into partnership with Mega Soft. This partnership aimed to assimilate Venezuela into using crypto payments in as many as 20,000 shops and businesses. The partnership was a success since Soon after, on 27th November, CryproBuyer put up a post on Twitter stating that the Pizza Hut stores in South America had embraced and had begun to use crypto payments for their food and drinks.
Crypto buyer is a cryptocurrency trader startup found in Panama. This firm is known to successfully run bitcoin ATMs all across the central and southern American locations. These places include the;
- And Maracaibo
CryptoBuyer has equipped the above locations with the necessary facilities and human resources needed. These resources cater to clients who make payments using bitcoin (BTC), Binance Coin (BNC), Lite Coin (LTC), Tether (USDT), Ether (ETH), Dai (DAI), Dash (DASH), Binance USD (BUSD), and the native token XTP.
These facilities’ availability makes it possible for fast food chains such as the Pizza Hut, Burger King, and other major retail stores to make crypto payments in return for the services rendered.
In an interview with the local news outlet ElAxioma, Richard Elkhouri, the General Director of the Venezuelan operations at the Pizza Chain, stated that “Pizza Hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities.” He went further to say that, “it is important that we accommodate young people, modern adults, and people technologically knowledgeable.”
The first evolution into using bitcoin can be traced back to a double pizza order made using the cryptocurrency. However, the first documentation was made on the 22nd May 2010, when Laszlo Hanyecz ordered two Papa John’s pies using 10,000 BTC, which, as of this day, can be translated to $181 million. Laszlo made this order using a fellow Bitcoin Forum user, making his purchase the first-ever documented bitcoin purchase.
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