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Why Mcdonalds is getting into Bitcoin and CryptoMultinational fast food chain McDonald's started to accept Bitcoin (BTC) as a payment method in the 63,populated city of Lugano in the. Because cryptocurrencies like Bitcoin are not widely accepted, you need to cash out your crypto into traditional money, called fiat, if you want. Earlier this year, McDonald's made headlines by accepting Bitcoin as a payment method for its menu items in all its locations across El Salvador.