Las Vegas, Nevada – Steak N ‘Shake has only accepted Bitcoin payments for two weeks, but the head of the American Fast Food Chain said that it was already a “victory” for the company and its customers.
Speaking on Tuesday at Bitcoin 2025 in Las Vegas, Edwards said that Bitcoin payments had been faster and cheaper than traditional credit card payments.
“When customers choose to pay in Bitcoin instead of credit cards, we save around 50% in our processing costs,” said Edwards. “This means that Bitcoin is a victory for the customer, it is a victory for us as a merchant, and it is a victory for the Bitcoin community.”
Edwards said on May 16, Day Steak N ‘Shake began accepting Bitcoin payments, a Bitcoin transaction on 500 out of 500 occurred in Steak N’ Shake.
“Accepting Bitcoin allows us to meet our customers where our customers are located,” said Edwards. “We were trying to provide our customers with another viable option by which to pay our products. We understand that allowing customers to pay with Bitcoin alongside cash and credit cards, puts Bitcoin on a par with these methods, these other payment methods accepted worldwide. ”
Edwards added that you can buy more than just burger and beef tallow fries with your bitcoin at Steak N ‘Shake – The company also allows potential franchisees to buy their franchises with Bitcoin.
Given the success of Bitcoin’s payments, Edwards said that the company was looking for other ways to adopt technology to bring food to the future-including Robo-Taxes, Cyber-chefs and drones.
