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Steak ‘n Shake U-Turns on ETH Payment Idea

Steak ‘n Shake has backed out of plans to accept Ether after criticism from Bitcoin supporters on a Twitter poll it conducted. The poll indicated that 53% of 48,815 respondents favored accepting ETH as payment, but the fast-food chain quickly suspended it four hours later following backlash, stating their allegiance is with Bitcoiners. Critics expressed disappointment over the mere idea of considering ETH, with some vowing never to eat there again. This reaction highlights the ongoing tribalism within the crypto community. Despite the backlash, an Ethereum figure suggested that businesses should stick to one crypto audience instead of trying to broaden their appeal. Interestingly, Steak ‘n Shake announced a new burger called the 'Bitcoin Steakburger' as a celebration of its commitment to Bitcoin, further aligning itself with the Bitcoin community.

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