Steak n’ Shake's COO Dan Edwards announced that the fast-food chain has seen a 50% reduction in processing fees since starting to accept bitcoin payments. This move not only benefits customers and the company but also aligns with their goal of providing more payment options. Looking ahead, the company plans to explore further technological innovations, including robo-taxis and drones.
A new Bitcoin protocol has been introduced that simplifies the process of making payments, enhancing the user experience for transactions. This update aims to streamline operations and reduce the complexity associated with Bitcoin payments, potentially increasing adoption among users and merchants alike.