I have seen this before now that Steak N' Shake have implemented the payment of Bitcoin on their restaurant here on this thread https://bt.irlbtc.com/view/5548042.msg65971699#msg65971699 that d5000 created.

Steak n Shake is a very big and popular restaurant in the USA which almost everyone might know, so for them to adopt Bitcoin payment is even a good thing and it will probably take them to the next level.
It is a good thing that Bitcoin adoption is growing worldwide and maybe very soon both China and Saudi Arabia will start planning on how to get a Bitcoin reserve 

According to bitcointreasuries, there are more than 207 companies and organizations globally that have added bitcoin to their treasuries, so far. Many other companies are also under review as well as many companies already hold bitcoin but are not public. So, in my opinion, it is no longer newsworthy when a fast food chain, supermarket or company adopts Bitcoin reserves.

Nowadays, it has become quite normal for companies to add Bitcoin to their reserves. Instead, news about countries' bitcoin reserves is of prime concern, but unfortunately no country has done so yet.


https://bitcointreasuries.net/

This is quite shocking for a fast food chain. Not only are they just accepting bitcoin payments but they have made it clear that they want to keep holding bitcoin. I am sure lots of fast food chain or companies have other investments to earn aside from the profit they make from their food chains but to hear directly from them how they will be acquiring bitcoin is refreshing. They are also giving away a promo with bitcoin involved. This is also a marketing strategy.

Let the adoption continues and we see how almost all the companies and organizations all have Bitcoin in consideration, we are going more bigger each day, because government also are getting onboard to ensure that they have their strategic investments in Bitcoin and have been more on a soft hands with their respective regulations over bitcoin unlike before, the future for bitcoin is clearly visible and irresistible, because of the Opportunities it renders.

So now we can be sure that they don't sell Bitcoin they receive immediately, so it's rather positive news even though they're not first company to build BTC reserve. And since they claim they will donate 210 for every meal, i guess we'll know how many meals paid in Bitcoin and even make rough estimation how many payment on their restaurant that actually use Bitcoin.

It is a fair start and less risky, because by doing it this way they are essentially buying Bitcoin at a discounted price where the discount is equal to their net margin. For example: If they have a 20% net margin then with a $100 bill they are buying $100 worth of Bitcoin with $80. It is a safe method to dip into the reserve business. I don't think that the transactions volume would ever reach a level that could threaten the financial stability of the remaining operation simply because people tend to be diverse in their use of payment methods.

That was a wave of shady companies or owners doing shenanigans to ride the blockchain wave. Using the word blockchain does not do anything anymore. Surely there will be cases with crypto treasuries too, but if someone invests into an unknown company because they announced a crypto treasury then the blame is entirely with that person. This is a known and common scam tactic, the only thing that changes is what they use to facilitate it.

There is pressure to create a large enough crypto industry so that the democrats are unable to maliciously try to shut it down when they are back in power. They oppose freedom and because of that they also oppose Bitcoin and crypto -- even though crimes involving crypto are just a drop in the ocean compared to those carried out through traditional ways. Lobbying is the way to "change the mind" of any Democrat.

I completely agree with you, Bitcoin future is increasingly clear, and it will undoubtedly be adopted worldwide. It is only a matter of time before this becomes a reality, and there will be a time in the future, when people will be familiar with Bitcoin, including corporates, institutions, or companies adoption. This is very exciting news right now, and it indicates that we are in the early stages of Bitcoin. Therefore, we need to seize the opportunity to invest in Bitcoin, lest we find ourselves saying "It's too late to buy Bitcoin" in the future.

I think this is really the only responsible approach for a national chain to accept Bitcoin.  Otherwise they are basically acting as selling pressure on the market that they are trying to help grow.

I imagine that the amount of Bitcoin they take in on a daily basis isn't very material to their bottom line, and holding could benefit them down the line if they hold for 4+ years.  It is also a bit of an advertising gimmick to get themselves on the lists of BTC holders. 

I like this move for them and hope they continue to support Bitcoin...  Even if they aren't using the actual mainnet.

I had the pleasure of trying a Stake N Shake for the first time a couple months ago. It was amazing -- possibly the best burger I ever had. The meat is super fresh and tasty, and I like that the bun is toasted with butter. Absolutely divine stuff, if a little pricey.

So yeah, you should absolutely spend your BTC at Stake N Shake if you get the chance. One of the worthiest causes around.

Funny how little adoption matters anymore. Its all about what can ETFs, corporate balance sheets and federal governments can do to push the price higher.