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Steak ‘n Shake to start accepting Bitcoin at over 300 outlets in US from May 16

  • American fast-food chain Steak ‘n Shake will start accepting Bitcoin at all of its 300+ US locations from May 16.
  • The decision marks a significant move in normalizing cryptocurrency payments in everyday transactions, presenting a practical test for Bitcoin's utility.
  • The integration of Bitcoin will challenge its scalability and efficiency in a high-speed retail setting known for thin margins and high volume.
  • The move follows previous limited crypto experiments by other chains like Starbucks and Chipotle, while global experiences like in Venezuela and El Salvador show mixed results in crypto adoption.

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