I think it is really great to read the following three things:
- Bitcoin is becoming so common in usage that this Burger King (a franchisee) has chosen to accept it.
- There is an increase in merchants who are choosing to hold a part of the income in bitcoin, rather than immediately converting everything into fiat.
- Bitcoin is used throughout the supply chain (rather than converting it, you pay your supplier with bitcoin).
Emphasis below is mine.
Next time I am in Holland (could be a while!) I will certainly go and eat a burger at Burger King.Burger King Arnhem (Netherlands) accepts Bitcoin
The project Arnhem Bitcoincity has reached a new milestone: There are now 100 venues that accept Bitcoin in Arnhem. The Burger King in the city center is the latest to join the project. For Bitcoin enthusiasts Arnhem is like heaven as you can practically pay everything with bitcoins. You can do your groceries at the SPAR supermarket, you can fill up your car at a local gas station, you can have dinner & lunch at more than 20 restaurants, go to a barber, dentist, massage salon or one of the many shops and pay everything with Bitcoin. And for tourist, there are 5 different hotels and bed & breakfasts where you can stay for the night from budget to high-end.
When this project started, all merchants converted their bitcoins to euros immediately through the payment processor BitKassa, but a growing number of merchants now keep their bitcoins, since they can pay some of their supplies with bitcoins themselves at other merchants who accept Bitcoin as well. For instance a restaurant owner who pays for his bread at a bakery that also accepts bitcoins.
And this is the ultimate goal of the project: to start a real Bitcoin economy, and prove that a real, viable alternative for the current financial system is possible and actually happening.
Burger King Arnhem is owned by a franchisee. Once the owner heard about the Bitcoin project in the city of Arnhem he decided to give it a try. Anyone who pays with bitcoin gets a second Whopper for free. On Friday 19th there will be a Bitcoin Meetup at this Burger King restaurant. Visitors or tourists who are enthusiastic or curious about Bitcoin are more than welcome to join us!
