Went to Steak n Shake today. Seeing SATS on the receipt was the craziest thing \ stacker news ~bitcoin

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Went to Steak n Shake today. Seeing SATS on the receipt was the craziest thing

1715 sats \ 28 comments \ @028559d218 6h bitcoin

Just like the title says. I went to Steak n Shake today, paid in sats for some fries and a drink... and WOW. I think it was something like 5k sats and even seeing 'sats' on the receipt... much less the dollar/sat exchange rate, much less the term 'lightning' on a Steak n Shake - printed receipt in the "real world"...

Color me impressed!!!

Paid with my own node, from home using LND, no it wasn't 'custodial', no it wasn't 'from coinbase'... No it wasn't easier to just use "wallet of Satoshi" because "Lightning is captured"...

I ******* opened that channel myself. And bought fries with it. And that just totally blows my mind.

I really appreciate what Steak n Shake is doing, and I hope there will be more companies integrating Lightning to jumpstart the real Bitcoin economy.

That's all

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188 sats \ 1 reply \ @endothermicdev 5h

I made the pilgrimage on Friday and was met by a several other bitcoiners. Pretty cool experience and I'm glad to see like minded individuals supporting lightning as a medium of exchange. I'll definitely be going out of my way to give Steak n Shake some repeat business.

107 sats \ 0 replies \ @028559d218 OP 5h

Dude that's how it felt... it hard to explain to someone who hasn't been playing around with lightning for a few years.

But yes the Steak n Shake Payment 'terminal' feels like a "Mecca" in the desert - like a 'real' place to use Sats it was cool. Like the Holy Land

105 sats \ 0 replies \ @denlillaapan 6h

I really appreciate what Steak n Shake is doing, and I hope there will be more companies integrating Lightning to jumpstart the real Bitcoin economy.

SAME! Always support the peeps taking these tiny lil steps (#984074)

151 sats \ 4 replies \ @Wumbo 5h

Does Steak n Shake have their own node?

What was the destination of the lighting transaction?

58 sats \ 0 replies \ @nichro 4h

I think they use www.tryspeed.com

10 sats \ 0 replies \ @Solomonsatoshi 4h

I think I read they convert it instantly to dollars- this makes the accounting process much more straightforward for them otherwise they would face an accounting nightmare to calculate the capital gains taxes due as a result of every transaction relative to the usd/sats exchange rate at all the different time points.

40 sats \ 1 reply \ @028559d218 OP 5h

It went through several lightning nodes (4?) The destination I don't remember :)

0 sats \ 0 replies \ @SwapMarket 3h

run lncli listpayments --max_payments 5 to find that payment and its last hop's pub_key. show us your non-custodial lnd skills!

21 sats \ 1 reply \ @BlokchainB 5h

Somewhere Darthcoin is smiling with glee. I plan to make my pilgrimage to Steak ‘n Shake this holiday

7 sats \ 0 replies \ @028559d218 OP 5h

It's worth it

21 sats \ 0 replies \ @j7hB75 5h

Yeah, this is how it starts! Gradually then suddenly. Love the adoption by Steak n Shake. I really hope other restaurants and vendors follow suit!

10 sats \ 0 replies \ @WeAreAllSatoshi 6h

fucking

0 sats \ 2 replies \ @falsefaucet 3h

I love seeing the fiat amount :)

10 sats \ 0 replies \ @Murch 2h

"1 USD = ₿966"

I see that Steak 'n Shake is a BIP 177 early adopter.

0 sats \ 0 replies \ @falsefaucet 3h

I wonder what backend they are using to accept corn.

Would be super dope if they just had their own btcpayserver running

0 sats \ 2 replies \ @grayruby 4h

That's awesome. How was the food?

40 sats \ 1 reply \ @dagny761 6m

Fries are great! Thinly cut, fried in beef tallow. If you like smash burgers, they are pretty good. Milkshakes are fantastic!

(As a mom, I love that they have mini kid sized milkshakes too… they get a treat without the ridiculous serving sizes. Although, as we were headed there I lamented to my husband they the vegetable offerings are limited to the tomato, lettuce and onions on burgers… wish they offered a salad.)

All-in-all, decent “treat” meal made especially amazing because we paid in bitcoin. I love any chance we have to model making purchases in bitcoin for our kids.

0 sats \ 0 replies \ @grayruby 2m

I will have to check it out next time I am in the US.

0 sats \ 2 replies \ @kepford 5h

I know its very likely a marketing thing and we aren't gonna see a bunch of copy cats tomorrow but its still cool and proves a point.

BUT, the fact that it IS marketing shows us something. There is a large enough market to make someone think they should spend the time and money to do this. That's great.

49 sats \ 0 replies \ @028559d218 OP 5h

When I saw this I could barely control myself. Take that central bankers LOL

0 sats \ 0 replies \ @Solomonsatoshi 4h

If it results in increased sales and profits then other retail chains might well follow. Vote with your sats and support sats accepting retailers. It is the least we can do.

0 sats \ 1 reply \ @kepford 5h

I'm curious if you can share any details around the Lightning node Steak and Shake is using. If you are running your node I think you could find out some info.

95 sats \ 0 replies \ @028559d218 OP 5h

It's called "speed1" and interesting enough that's what it said on the receipt too. Tryspeed. Must be a commercial LSP?

1 sat \ 0 replies \ @Car 5h

1sat=1sat :)

0 sats \ 0 replies \ @anon 15m

Paid with my own node, from home using LND, no it wasn't 'custodial', no it wasn't 'from coinbase'...

I ******* opened that channel myself. And bought fries with it. And that just totally blows my mind.

Fuck me. This is my dream to do this in person. But literally nobody takes bitcoin where I live. I'll even settle for on chain.

Wish I lived near a steak n shake.

0 sats \ 0 replies \ @Mishawaka 2h

Any other companies considering doing the same thing? This is great!

0 sats \ 0 replies \ @SimpleStacker 5h

Awesome!! Let's hope more restaurants follow suit. There's no steak n' shake near me.

0 sats \ 0 replies \ @Dkryptoenth 6h

Lol... that's quite joyous