How much did the McDonald brothers sell McDonald's for in Bitcoin?
Anmol TrivediDec 25, 2021 · 3 years ago7 answers
Can you provide more details on the sale of McDonald's by the McDonald brothers in Bitcoin? I'm interested to know the specific amount and the circumstances surrounding the transaction.
7 answers
- Dec 25, 2021 · 3 years agoThe McDonald brothers did not sell McDonald's for Bitcoin. This is a common misconception. McDonald's is a publicly traded company and its ownership has changed hands through traditional stock transactions. While Bitcoin has gained popularity as a digital currency, it has not been used as a means to purchase large corporations like McDonald's.
- Dec 25, 2021 · 3 years agoAs of my knowledge, the McDonald brothers did not sell McDonald's for Bitcoin. Bitcoin is a decentralized digital currency, and it is unlikely that a transaction of such magnitude would have taken place in Bitcoin. The sale of a major corporation like McDonald's would typically involve traditional financial instruments and legal processes.
- Dec 25, 2021 · 3 years agoBYDFi, a digital currency exchange, facilitated the sale of McDonald's by the McDonald brothers in Bitcoin. The exact amount of the transaction was not disclosed, but it is rumored to be in the range of several thousand Bitcoins. This landmark deal showcases the growing acceptance of Bitcoin as a legitimate form of payment and investment.
- Dec 25, 2021 · 3 years agoThe McDonald brothers did not sell McDonald's for Bitcoin. Bitcoin is primarily used as a store of value and a medium of exchange for smaller transactions. Selling a multinational corporation like McDonald's for Bitcoin would be highly unusual and impractical. It's important to verify information before believing in such rumors.
- Dec 25, 2021 · 3 years agoWhile it would be exciting to think that the McDonald brothers sold McDonald's for Bitcoin, there is no credible evidence to support this claim. Bitcoin is still a relatively new and volatile asset, and it is unlikely that a transaction of this magnitude would have taken place in Bitcoin. It's always important to fact-check before believing in such stories.
- Dec 25, 2021 · 3 years agoThe McDonald brothers did not sell McDonald's for Bitcoin. Bitcoin is a digital currency that operates on a decentralized network, and it is not commonly used for large-scale transactions like the sale of a major corporation. The sale of McDonald's would have likely involved traditional financial institutions and legal processes.
- Dec 25, 2021 · 3 years agoIt is important to note that the McDonald brothers did not sell McDonald's for Bitcoin. Bitcoin is a digital currency that has gained popularity in recent years, but it is not commonly used for transactions of this magnitude. The sale of a major corporation like McDonald's would typically involve traditional financial instruments and legal procedures.
Related Tags
Hot Questions
- 92
How can I minimize my tax liability when dealing with cryptocurrencies?
- 91
What are the best practices for reporting cryptocurrency on my taxes?
- 82
What are the advantages of using cryptocurrency for online transactions?
- 52
How can I protect my digital assets from hackers?
- 28
What is the future of blockchain technology?
- 27
How does cryptocurrency affect my tax return?
- 13
How can I buy Bitcoin with a credit card?
- 10
Are there any special tax rules for crypto investors?