McDonald’s in El Salvador starts accepting Bitcoin payments
McDonald’s in El Salvador is presently accepting cryptocurrency payments via Lightning Network.
After El Salvador accepted bitcoin, BTC as payment is becoming a reality in the country. As the acceptance has opened modern payment options for its citizens.
Aaron van Wirdum a journalist publicized the news after visiting McDonald’s in El Salvador, where he was offered a printed QR code guiding him to an account page on Lightning Network.
Just walked into a McDonald's in San Salvador to see if I could pay for my breakfast with bitcoin, tbh fully expecting to be told no.
But low and behold, they printed a ticket with QR that took me to a webpage with Lightning invoice, and now I'm enjoying my desayuno traditional! pic.twitter.com/NYCkMNbv7U
— Aaron van Wirdum (@AaronvanW) September 7, 2021
Lightning is a layer-two payment protocol planned to create bitcoin transactions more scalable. While BTC has succeeded as an investable asset, its acceptance as a medium of exchange has been partial.
Lightning Network will probably verify invaluable if El Salvador hopes to accomplish the bulk acceptance of Bitcoin payments. Further than instant transactions, however, El Salvador’s Bitcoin strategy could be proven effective by streamlining global payments, growing the wealth of its citizens, and appeal to crypto-focused entrepreneurs of the country.
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