Bitcoin Fears Possible US Taxes And Dogecoin Enters Brazilian Burger King

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The White House administration of President Joe Biden is trying to push through an infrastructure bill to get the US economy back on track after the pandemic, and included in that discussion is also a 58-page Digital Asset Market Structure and Investor Protection Act, which would include a tax on crypto investments. Because of fears of this bill passing with that text included, Bitcoin dips below $40k again for the second day in a row.

Cardano founder Charles Hoskinson had predicted back in April already, which we reported on, that this was a possibility. At the time, he said:

They’re gonna go after a tax increase for individuals, and it’s very likely that they’re going to push cryptocurrency regulation in that bill as a consumer protection package.

Turns out the man was right all along.

Much Wow For Brazilian Burger King

Dogecoin now allows Burger King Brazil customers to buy sweets for their four-legged friends. Could Dogecoin finally become real currency? The answer (and support) is far from unanimous in the cryptosphere, where many Bitcoin maximalists still see Dogecoin as a nuisance rather than a help, but it is clear that more and more companies are embracing Doge. Much Wow as we would say.

Comprando DOGPPER® com dogecoin você estará doando 100% do valor para as ONGs @casadosbulls @amigosdesaofrancisco. Satisfação maior que essa, só a carinha do seu cachorro quando receber um DOGPPER®. Vai lá, é rapidão>>https://t.co/d3TWKP908z pic.twitter.com/6Cdp5hSHJv

— Burger King Brasil (@BurgerKingBR) July 29, 2021

Burger King Brazil wants to be consistent from end to end: since July 27th, Dogecoin is accepted for the purchase of Dogpper, a cookie in the form of bone with the taste of grilled meat, especially made for dogs. Customers can buy them and gift them to their pets, to avoid feeling guilty about enjoying a good burger on their own.

Dogpper is a mashup of Dog’s Whopper, the most popular item at Burger King.

The Dogpper costs 3 Doge and customers need to transfer their cryptocoins to Burger King Brazil’s wallet. The chain introduced the Dogpper dog treats first in Argentina in 2019, trying to copy the success of the local Starbucks Puppuccinos, a pet treat that Starbucks clients can buy together with their coffee.

shahurin / Depositphotos.com