KEYTAKEAWAYS
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Steak ’n Shake will accept Bitcoin at all U.S. locations starting May 16, bringing crypto payments into everyday fast food.
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CZ says people sell BTC due to lack of understanding in tech, finance, and global systems, urging deeper learning.
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TRUMP token leaderboard locks May 12; top 220 holders can attend dinner with Trump, possibly boosting token price.
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STEAK ’N SHAKE TO ACCEPT BITCOIN PAYMENTS ACROSS THE U.S.
Starting May 16, American fast-food chain Steak ’n Shake will begin accepting Bitcoin payments at all its U.S. locations. Over 100 million customers will be able to buy burgers and milkshakes with BTC.
Analysis:
Steak ’n Shake becomes the first large-scale fast-food chain (493 locations) to accept Bitcoin directly. This move goes beyond crypto as just an investment tool and brings it into everyday use. It’s similar to Tesla accepting BTC in 2021, but even more connected to daily life.
CZ: WHY SOME PEOPLE CAN’T HOLD BITCOIN
Binance founder Changpeng Zhao (CZ) tweeted:
“People often can’t hold BTC because they don’t understand tech, finance, or the world. If you bought Bitcoin just because someone told you to, it’s easy to panic-sell.”
Analysis:
Bitcoin involves complex tech (like PoW and hash rates), financial logic (such as inflation hedging), and geopolitical factors (like U.S. dollar dominance). These take time to learn. If you’re interested, start with the Bitcoin Whitepaper.
TRUMP TOKEN DINNER LEADERBOARD TO LOCK ON MAY 12
On May 9, the TRUMP token team announced that the dinner leaderboard will close on May 12 at 1:30 PM EST. The top 220 wallets will qualify for a dinner with Donald Trump on May 22.
Currently, the 220th-ranked wallet holds 5,140.808 TRUMP tokens, with a time-weighted score of 3,114.569. Even large holders who recently sold tokens can still qualify due to earlier holding history.
Analysis:
Before May 12, $TRUMP may continue to rise. If Trump confirms his attendance, prices could jump again. 80% of the tokens are held by Trump-linked companies, so watch out for potential sell-offs after the July unlock.
