The U.S Twitter account for the fast-food giant McDonald’s has been bombarded with requests to accept cryptocurrency Dogecoin as a payment method.
What happened?
Thousands of tweets flooded Twitter after Mcdonald’s responded to Billy Markus, the creator of Dogecoin, with an image of a Doge holding a French fry in his mouth. Naturally, Dogecoin and McDonald’s supporters were intrigued and asked if McDonald’s would start accepting Dogecoin as a payment method.
McDonald’s followed up with a generic reply, stating that they are continually reevaluating its customers’ payment experience.
In September 2021 Mcdonald’s started accepting Bitcoin as a payment method, but only in El Salvador after the nation became the first in the country to integrate Bitcoin as legal tender. By law, all businesses operating in the country are required to accept Bitcoin, but many were skeptical that large corporations would adopt the Bitcoin payment solution by the time the law came into effect. Much to everyone’s surprise, McDonald’s in El Salvador started accepting Bitcoin payments in September 2021. Bitcoiners are still wondering what other giant companies will make use of Bitcoin payment solutions within and outside of El Salvador.
What Makes Dogecoin so Popular?
It is no secret that the head of Tesla and SpaceX, Elon Musk, has a fondness for Dogecoin, skyrocketing the dog-themed cryptocurrency prices on a regular basis with various references or a simple Tweet.
Dogecoin has become a popular crypto payment method with a relatively fast transaction time compared to Bitcoin and with marginally lower transaction fees.
Some famous companies accepting Dogecoin as a method of payment are Newegg, Dallas Mavericks, SpaceX. Tesla, Estate Diamond Jewelry, AirBaltic, and many more.
Conclusion
An increased number of companies have already started integrating DOGE as a method of payment, will McDonald’s be swayed by the high Twitter demands to accept Dogecoin?