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How much did the McDonald brothers sell McDonald's for in Bitcoin?

avatarAnmol 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.

How much did the McDonald brothers sell McDonald's for in Bitcoin?

7 answers

  • avatarDec 25, 2021 · 3 years ago
    The 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.
  • avatarDec 25, 2021 · 3 years ago
    As 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.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, 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.
  • avatarDec 25, 2021 · 3 years ago
    The 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.
  • avatarDec 25, 2021 · 3 years ago
    While 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.
  • avatarDec 25, 2021 · 3 years ago
    The 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.
  • avatarDec 25, 2021 · 3 years ago
    It 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.