The Rise Of The Halloumi Burger
Posted on Oct 09, 2021
At The Floodgate we are always trying to bring you the latest technology to enjoy your time with us and interact with our offerings. Thats why we have brought you smart QR ordering for food and drink, reloadable contactless gaming cards etc. With the dawn of a new financial era upon us we are now looking to the future and one thing that we are focused on is Cryptocurrency, more specifically stable coins.
Now using crypto to buy food or drink is not new, you will recall on the 22nd May 2010 Laszlo Hanyecz paid Jeremy Sturdivant 10,000 bitcoins (BTC) for two Papa John's pizzas which were delivered to Hanyecz's home. This exchange is widely celebrated because it is viewed as the first use of bitcoin in a commercial transaction with bitcoin as the medium of exchange.
So is it now time to go main stream?
Whether crypto stablecoins will be widely used for everyday payments is a complex question with no definitive answer. Here's a breakdown of the current situation and the factors at play:
Arguments for:
Arguments against:
Overall:
While stablecoins hold potential for everyday payments due to their stability and some advantages, widespread adoption faces challenges. Regulatory clarity, technical improvements, and building trust are crucial for stablecoins to become a mainstream payment method.
Here are some additional points to consider:
So whats your thoughts, what shall we do at The Floodgate? Would you buy your beer with crypto?
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Posted on Oct 09, 2021
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