Will McDonald's Fast Food Restaurant Be The First To Accept Bitcoin 2018

Soon you’ll be able to spend bitcoin on a Big Mac – at least, according to odds released by a UK bookmaker this past week.

Betting giant Betway has released odds on which major corporations are going to start accepting bitcoin in 2018. McDonald’s is leading the way as one of the restaurants most likely to begin accepting bitcoin in 2018.

McDonald’s has been given 1/2 odds, while retail giant Argos has been given 4/5 odds. British Airways has been set at 1/3, while Amazon have been given odds of 6/4 by Betway.

That makes McDonald’s the odds on favorite to add bitcoin. It means Betway expects the fast food giant to start accepting bitcoin for Big Macs in the UK before the end of 2018.

Betway also branched across the pond to US retail giant Walmart, which has been given odds of 1/5 in accepting bitcoin before the end of 2018.

Betway also released odds on the price of bitcoin, including whether or not bitcoin will hit $20,000 by the end of 2018.

McDonald’s Has No Official Plans to Accept Bitcoin

When Betway released the odds earlier today, there was a flurry of social media activity. Crypto Daily published an article online stating, “McDonalds to accept Bitcoin by 2018”, for example. Others picked up on the frenzy, and many people assumed that the news was official.

Unfortunately for McDonalds lovers, the company has no official plans to accept bitcoin. The company hasn’t issued any official statement on the matter, and no news has been leaked from the company about plans to accept bitcoin.

Nevertheless, odds-makers always know – and right now, McDonald’s has some of the best odds in the UK for being the next major business to accept bitcoin.

Which Retailers Will Accept Bitcoin Before the End of 2018?

According to Betway, here are the likelihoods of various UK, US, and international retailers accepting bitcoin before the end of 2018:

  • Walmart: 1/5
  • British Airways: 1/3
  • McDonald’s: ½
  • Argos: 4/5
  • Amazon: 6/4
  • Easyjet: 7/4
  • Apple: 5/2
  • Primark: 3/1
  • John Lewis: 7/2
  • National Rail: 4/1
  • Greggs: 10/1
  • Poundland: 10/1

How Much Would a Big Mac Cost in Bitcoin?

Of course, the next major hurdle would be to figure out how many Bitcoins a Big Mac would cost. Would bitcoin be added to The Economist’s famous Big Mac Index? Would McDonalds account for higher transaction fees on the bitcoin network? Would there be a minimum purchase requirement? Would McDonald’s accept other cryptocurrencies – like Bitcoin Cash or Litecoin?

All of these questions will need to be answered long before McDonalds starts to accept bitcoin. For now, we have no official confirmation or news regarding McDonald’s and bitcoin in 2018 – but the oddsmakers are clearly paying attention.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Ethereum Layer 2 Solution, SKALE Network, Launches Its Mainnet Phase One; Staking & Bounties Start in Early Q3

SKALE - an open-source scaling solution backed by Gemini exchange founders Winklevoss brothers for scaling the Ethereum network - has started to roll out...

Pundi X Integrates PayPal into Point-of-Sale Device, XPOS; Users Can Buy & Sell Crypto Seamlessly

Pundi X, a blockchain firm based in Singapore, has integrated its point-of-solution (PoS) device, XPOS, with PayPal, according to a medium post on June...

Crypto Mining GPU Manufacturer, NVidia Petitions Court to Toss Out $1 Billion Class Action

NVidia has petitioned the California court to dismiss the class action suit made by its investors. The lawsuit against the firm’s top brass alleges that...

Hacker Extort 116.4 Bitcoin from University of California San Francisco (UCSF)

The University of California San Francisco (UCSF) paid a ransom of $1.14 million in Bitcoin after a ransomware attack earlier this month, reported BBC...

Targeting Institutional Investors: SBI Holdings Is Buying a Minority Stake in B2C2 Exchange

A unit of Japanese financial conglomerate SBI Holdings, SBI Financial Services is buying a minority stake in London-based crypto market maker B2C2 for $30...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today