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Steak n' shake introduces bitcoin payment: my experience

Steak n' Shake | Bitcoin Payments Spark Mixed Reactions

By

Alice Tran

May 18, 2025, 02:33 AM

Updated

May 19, 2025, 12:43 PM

2 minutes estimated to read

A person holding a Steak n' Shake receipt next to a Bitcoin logo on a phone screen

Steak n' Shake's embrace of Bitcoin sparks debate as many flock to try out the new payment option. As patrons share their experiences, discussions emerge about transaction fees, method efficiency, and taste improvements at the chain.

Diverging Opinions on Payment Methods

Some patrons are excited about using Bitcoin, while others question the reliability of the payment method. "I used my lightning wallet and paid 72 satoshi, or about 7 cents for a transaction fee," shared one user, emphasizing the practicality of the new system. However, another patron asked, "Do they accept BCH? The fee with bcore is too high. Same cost as burger."

These comments highlight concerns over transaction costs in the current setup. The integration of Bitcoin has prompted questions about whether it truly benefits consumers when traditional payment methods seem simpler.

Questions on Transaction Efficiency

Thereโ€™s also confusion about Bitcoin's evolution; some patrons declare, "Bitcoinโ€™s L1 doesnโ€™t check KYC so if the payment involved it then itโ€™s not a bitcoin payment." The implications of this statement indicate a broader misunderstanding of cryptocurrency handling today.

Interestingly, another user pointed out, "Good on you for doing it, now use an actual p2p currency if you want better money." This sentiment underlines apprehension surrounding centralized control within Bitcoin transactions at restaurants.

Tasty Changes on the Menu

On a brighter note, some patrons are praising changes to the menu. One fan remarked, "I'm actually glad I went in because I wouldn't have normally. They completely redid their fries so that they're made with beef tallow. They taste excellent now." Positive feedback on food quality suggests that financial innovation might coincide with culinary improvements.

Notable Comments and Themes

  • ๐Ÿš€ The enthusiasm for Bitcoin and food upgrades highlights customer engagement.

  • ๐Ÿ’ธ Transaction fees remain a concern among patrons opting for cryptocurrency.

  • ๐Ÿ”„ Divergence exists on payment method efficiency and preferences.

What's Next for Cryptocurrency in Fast Food?

As Bitcoin's integration unfolds, could this be a turning point for restaurants? While many show optimism, others remain skeptical about efficiency and security in cryptocurrency transactions. The future remains uncertain, but ongoing feedback from patrons will likely influence how Steak n' Shake and others adapt.

The Trend Continues

The buzz surrounding Bitcoin at Steak n' Shake mirrors the early days of credit card adoption. It reflects the potential shift in how consumers perceive payment methods. With each new comment, a clearer picture of what this could mean for fast-food chains emerges. Could this be the start of a trend toward broader cryptocurrency acceptance in the industry?