BigMack can now be bought for bitcoins-- McDonald's in Swiss Lugano started taking cryptivates

BigMack can now be bought for bitcoins-- McDonald's in Swiss Lugano started taking cryptivates

The transnational network of McDonald's fast-food restaurants has begun to accept bitcoins as a means of payment, but so far it is only in the city of Lugano, which is located near the Italian border in Switzerland and has 63,000 inhabitants, and this method of payment has been approved by the company as a specific experiment.

Bitcoin Magazine published a small video on the Internet showing the process of ordering food and paying with a mobile application using a cryptoval. The video shows the logo Tether, another digital asset. This is not surprising, since earlier this year local authorities announced their intention to make Bitcoin, Tether and LVGA legal payments throughout the city.

In March of this city, the Lugano authorities signed a memorandum of understanding with the Tether Operations Limited, launching the so-called Plan B. According to this plan, the company organized two funds: the first is an investment pool of $106 million and is designed for cryptoval start-ups, and the second fund of $3 million is designed to encourage shops and businesses throughout the city to accept payments in cryptation.

As part of this project, the people of Lugano will be able to pay taxes by crypto, as well as parking tickets, utilities, training, etc. It is expected that more than 200 shops and businesses in the area will start to accept crypto payments as a means of paying for their goods and services.