Saturday, August 17, 2019

Food to be Ordered in Over 1400 Restaurants in Denmark Using Bitcoin

After discontinuing its Bitcoin payment service in 2017, Hungry.dk has started receiving the virtual currency again. This is an online platform where over 1,400 restaurants in Denmark offer catering services to the public. Therefore, customers will now be able to pay for food using Paypal, Apple Pay, credit card, or Bitcoins.

Delay in Transactions Leads to Discontinuation of Bitcoin Option

In a press release, the company revealed that they were accepting Bitcoin payment since 2014. But then, due to the delay in transactions as at late last year, they had to discontinue the service. This was only a temporary development which has led them to restore the use of the coin.

They also confirmed that the problem had been resolved and transactions can now be done seamlessly. Accordingly, those who patronize the restaurants featured on their website can use their digital asset to order for Pizza, Sushi, etc. Right from their iOS or Android smartphone, residents of the Northern European country can make orders.

The Company is Undeterred Despite Bitcoin’s Falling Rate

Despite the volatility of the market, it has not deterred the company from receiving payments in Bitcoin. It is also expected that customers may be willing to trade their digital asset for food. This is because there are still uncertainties on where the price of the cryptocurrency will end up relatively soon.

Probably, the company is trying to take advantage of the falling prices to store up for better days. This can be attributed to the fact that several merchants stopped receiving Bitcoins in late December 2017, when the price of the digital asset was on the rise. But of recent, there has been an increased adoption despite its falling rates.

Related Article:  Inflation Growth Forces Argentines To Adopt Bitcoin

More Countries Adopting Cryptocurrency as a Method of Payment

In Texas, for instance, tax payments can be made using the cryptocurrency. It was revealed in November this year that companies who want to pay taxes can opt to do so with the digital currency. Also worthy of note, is that Starbucks plans on allowing customers to convert Bitcoin to the dollar for them to buy coffee.

France, on the other hand, may start allowing Tobacco stores to sell Bitcoin in 2019. Also, one of India’s top bookstores began accepting Bitcoin as a method of payment for books. This is an online platform that has been operating since 2001, and it is one of the few companies in the country to accept a virtual currency.

More Articles

Online Platform Uses Blockchain Technology to Find Freelancers

Humans.net has found a way of connecting freelancers with customers using Blockchain technology and Artificial Intelligence. This was made possible by creating an online...

Russia To Help Iran Build Its Cryptocurrency Infrastructure

Russian developers will aid Iran to create a working cryptocurrency infrastructure. This is the result of a conjunct agreement by cryptocurrency organizations from each of these...

First Ever Crypto-Powered Music Fests Opens in Berkeley

Berkeley is one of the most liberal cities in the United States with daring cultural propositions and experimental values. The city has once again...

Coinbase Future-Proofing Itself: Talks With SEC To Register As...

The wallet and exchange giant Coinbase is reportedly in conversations with the Security Exchanges Commission to register as a full security brokerage exchange, according to...

I Want To Mine Bitcoins, Where Do I Start?

The success of bitcoins and other cryptocurrencies during the last couple of years has meant that we have a lot of new investors taking...

Mark Risher Explains Why You Should Not Brag About...

Mark Risher, a Google executive in charge of monitoring email fraud and ID issues warns against showing off cryptocurrency holdings on social media platforms...

Sacramento Kings To Mine Cryptocurrency For Charity Programs

The NBA team, Sacramento Kings announced on Wednesday that it will launch cryptocurrency mining to fund various community causes in Sacramento. The program is...

Bitcoin Embassy To Open In The US

With the first attempt of a bitcoin gathering place in New York City cancelled, the Editorial Director of the American Institute for Economic Research...

Brave Browser Files Complaint Against Google: Violation of Privacy

Brave has filed an official complaint against Google and other ad tech companies for violation of internet users privacy in the online ads industry....

US Congress Introduces Two New Pro-Cryptocurrency Bills

Survey Reveals Investors’ High Level of Interest in Learning...

Etoro, a global investment platform surveyed to ascertain the level of people's willingness to invest in cryptocurrencies. A total of 1,000 people underwent the...

Chinese Billionaire Advises Investors To ‘Buy Bitcoin While Bearish...

"If you and I believe in the future of Bitcoin, so it is best to hold as much as possible when nobody cares." 'Buy Bitcoins...

Latest Articles

Why US-based people can’t bet with bitcoins at online...

Online gambling using bitcoin has been happening since the time when cryptocurrency came into being. In the initial days, gamblers used to opt for...

Couple Pays For Breakfast Using Bitcoin, Community Finds This...

A Reddit user by the username u/portageco recently made a post in bitcoin's official subreddit. In his post, u/portageco boasts about how he paid...

Australian Woman Leads Adoption, Tours 10 Countries Spending Cryptocurrencies

Who says you can't go around the world spending cryptocurrencies? As many believe, cryptocurrencies are only good for speculations. But with a little research,...

Did A Physical Bitcoin Just Sell For $99k On...

As at the time of reporting, the listing on eBay had closed. This could be because the seller got a buyer or he decided...

Litecoin Now Approved In 30,000+ Stores

As cryptocurrencies gain ground, more and more technology-based firms find ways to incorporate the nascent technology into everyday life. Moon, prior to this time,...

How To Shop on Amazon with Bitcoin – Step-By-Step...

Wondered how to shop on Amazon with bitcoin? Then here's how you can purchase goods on one of the largest e-commerce websites that ships...

How To Buy Bitcoin On Coinbase – Step-By-Step Guide

Buy Bitcoin on Coinbase instantly in the U.S., UK, Canada, or anywhere you are globally. Coinbase cryptocurrency exchange has enabled its customers buy the...

Grayscale Bitcoin Trust Boosts By 300%, Affects Oil &...

The institutional investment product, Grayscale Bitcoin Trust (GBTC), experienced a growth of more than 300% due to its outstanding performance since February, Forbes reports....

How To Create A Coinbase Account – Step-By-Step Guide

Create a Coinbase account with ease. Use this illustrative guide to create a Coinbase account for buying, selling, and storing cryptocurrencies. And you know...

$9.2 Trillion Transferred Using Bitcoins In 2.5 Years

Against present belief that bitcoin is only used for speculation, James McDowall, a crypto investor and advisor shared a metric about Bitcoin that's been...

Malware Posing as Movie File Manipulates Results and Steals...

A new form of malware posing as movie file was discovered last year and was designed to steal cryptocurrency and inject manipulated results into...

No-fee Mobile Trading App Quantfury Increases Crypto Support with...

The no-fees mobile trading app Quantfury has been expanding its crypto services lately, most notably with the addition of the DASH cryptocurrency. The coin...