Crypto-curious corporations struggle to find right recipe

Bitcoin will almost certainly never be practical for everyday purchases because its value fluctuates wildly, and each transaction is expensive, energy-hungry and takes at least half an hour. — AFP

PARIS: 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.