Crypto-curious corporations struggle to find right recipe
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Relaxnews
Relaxnews
Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as payment for its “buckets”. The company told AFP its tongue-in-cheek campaign — “digital tender for chicken tenders” — sold out in an hour and the chain has not taken crypto payments since, but online articles regularly recycle the claim that KFC “accepts” bitcoin. Many other companies have tried to harness crypto payments before abandoning their efforts, Tesla and Dell among them. Bitcoin will almost certainly never be practical for everyday purchases because its value fluctuates wildly,…