Steak ‘N Shake to Accept Bitcoin Payments in the US, Sending New Crypto to Explosive Highs
Steak ‘n Shake will begin accepting Bitcoin payments on May 16, marking a significant step for cryptocurrency in retail. Experts express concerns about Bitcoin's viability as a daily payment method due to network stress affecting speed, cost, and scalability. The fast food chain's initiative follows a positive response from Twitter CEO Jack Dorsey and reflects a growing trend of cryptocurrency adoption among corporations. As Bitcoin gains traction as a hedge asset, more retailers are expected to adopt it. Additionally, the article highlights three cryptocurrencies to consider: Best Wallet Token ($BEST), which offers a secure wallet with low fees and early access to new coins; BTC Bull Token ($BTCBULL), which provides Bitcoin airdrops to holders; and Moo Deng ($MOODENG), a meme coin that has recently surged in popularity. Caution is advised for investors due to the high-risk nature of the crypto market.