In this file:
· KFC launches ‘BITCOIN Bucket’ and WARNS investors 'cryptocurrency bubble will burst'
· KFC Canada Is Accepting Bitcoin for Fried Chicken
KFC launches ‘BITCOIN Bucket’ and WARNS investors 'cryptocurrency bubble will burst'
KFC HAS launched “The Bitcoin Bucket” as its customers have been given the option to buy chicken using cryptocurrency, the company has announced.
By Joseph Carey, Express (UK)
Jan 12, 2018
The chain’s Canada outlets will accept Bitcoins to the value of 20 Canadian Dollars (£11.78) for the meal option that includes 10 original recipe tenders, waffle fries, a medium side, gravy and two dips.
A company said: “Welcome to 2018, Canada.
“KFC Canada presents The Bitcoin Bucket. 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 ups and downs of Bitcoin, the Colonel’s Original Recipe is as good as always.
“So, trade your Bitcoins for buckets and invest in something finger lickin’ good.
“For a limited time, orders will be fulfilled within Canadian delivery zones. We can only accept purchases within Canada. Apologies, rest of the world.”
KFC added a live video displaying the number of Bitcoins needed to pay for the meal - the video played for four hours.
The post featured a number of tongue in cheek comments.
One read: “Bitcoin on the rise since we went live. You’re welcome, Bitcoin.”
Another read: “Experts say Bitcoin is in a bubble. Put them in a bucket instead.”
A third asked: “Do you prefer your KFC Original Recipe or extra Crypt-y?”
The Bitcoin Bucket can only be purchased for delivery online for home delivery - the deal is a limited time offer.
Bitpay is used as the fast-food chain’s processor - the global Bitcoin service recently raised its minimum spend amount to $100 (£14.77) thanks to “current Bitcoin network conditions”.
Bitcoin prices hit a turbulent patch on the markets after South Korea threatened to ban the popular cryptocurrency yesterday...
KFC Canada Is Accepting Bitcoin for Fried Chicken
Stan Higgins, Coindesk
Jan 12, 2018
Fried chicken chain KFC Canada is accepting bitcoin – for a limited time and for a cryptocurrency-themed bucket of chicken, that is.
The limited-time marketing move sees the Canada-based chain advertising "The Bitcoin Bucket" complete with a Facebook-based live-tracker of the standing price for the product, which works out to roughly 20 Canadian dollars depending on the exchange rate with bitcoin.
That said, you can't exactly walk into a KFC location in Canada and pay with crypto at the cash register.
Instead, the company is accepting Bitcoin via BitPay as one of the options through an online check-out page. The Bitcoin Bucket will be delivered directly to the customer's address (the product also carries a $5 fee), according to the check-out process on its website.
KFC Canada doesn't seem to be holding back with the tongue-in-cheek presentation, particularly through its social channels.
Indeed, the company appears to be jumping on the publicity bandwagon surrounding cryptocurrencies. However, unlike some public-traded firms that have seen their stock prices soar after announcing some kind of tie-in with the tech, the move doesn't seem to have had much of an effect on the price for Yum! Brands, KFC's parent company.
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