Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Vitalik Buterin Confirms Support for Steak ’n Shake’s ETH Payment Pause After Bitcoin Community Pushback

Vitalik Buterin Confirms Support for Steak ’n Shake’s ETH Payment Pause After Bitcoin Community Pushback

coinfomaniacoinfomania2025/10/12 06:54
By:coinfomania

Quick Take Summary is AI generated, newsroom reviewed. Vitalik Buterin supports Steak ’n Shake pausing its ETH vote, calling it a principled move. Bitcoin community pressure led to the halt, citing BTC’s superior Lightning performance. ETH averages 15–30 TPS with $3–$10 fees; BTC Lightning offers faster, cheaper payments. Steak ’n Shake processed 120,000 BTC transactions since May 2025 via BitPay. The pause underscores ideological divides shaping crypto merchant adoption in 2025.References X Post Reference

At 04.46 UTC on October 12, 2025, Wu Blockchain stated that Steak ’n Shake had halted its in-house vote on accepting Ethereum (ETH) payments, after receiving criticism in the Bitcoin community. Vitalik Buterin, the co-founder of Ethereum, came out in support of the pause, saying it was a good move that values principle over popularity.

吴说获悉,以太坊联合创始人 Vitalik Buterin 针对美国餐饮连锁企业 Steak'n Shake 因关注比特币社区意见而暂停关于是否应该接受 ETH…

Vitalik Buterin Supports Decision Made

In its translation, Wu Blockchain quotes Buterin saying: Not every business needs to find as many customers as possible in the name of being neutral. And we must have individuals who do not betray their cause.
His statements demonstrate his overarching philosophy, which is the idea of decentralized networks that can only flourish when they are in harmony with communal belief, and not marketing value.

This position is also supported by historical information about the Ethereum Foundation and previous comments made by Buterin. He denounced token payment hype in 2023, pointing to the average gas fee of 3-5 USD and 15-30 TPS throughput of ETH, which also made it impractical to pay with it. His allowance of the restraint of Steak n Shake is a reflection of that pragmatism.

Bitcoin Community

Wu Blockchain cites the vote pause to the Bitcoin maximalist feedback. The cryptocurrency community that had long promoted Bitcoin as “good money advised Steak n shake to keep BTC-only payments.
Since May 16, 2025, the BTC integration of Steak n Shake has processed more than 120,000 transactions with the Lightning Network and the sub-second settlement and sub-cent transaction fees of the latter are superior to the transfers on the ETH mainnet (CryptoCompare data).

There are social indicators that indicate the backlash has built up traction across X similar to the BTC payment U-turn by Tesla in 2021 following concerns over climate change.

Ether vs. Bitcoin

By the year October 2025, ETH will be trading at $3,500 to $4,000, and BTC at $70,000 to $80,000 (CoinMarketCap). In comparison, the Lightning layer of BTC facilitates millions of micropayments every day with the support of an approximate number of 5,800 active nodes (Glassnode, Sept 2025).

Wu Blockchain, which has more than 100 k users, has cut Asia-based crypto news in the past. The outlet uses SolanaFloor-level accuracy measurements and direct statements in its previous reports, which gives it credibility to its coverage.
The adoption of BTC by Steak n shake is testified by the May 2025 press release by Bitpay and no corporate rejection of the ETH freeze has emerged as of 10.30 AM IST on the 12th of October.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

SEC Confirms Review Acceleration for XRP, ADA, and SOL ETF Filings Amid Regulatory Softening

Quick Take Summary is AI generated, newsroom reviewed. SEC fast-tracks XRP, ADA, and SOL ETF reviews after Grayscale GDLC precedent. Review covers filings from Grayscale, VanEck, Bitwise, and Franklin Templeton. XRP benefits from legal clarity post-SEC settlement. ADA and SOL ETFs remain under consideration with minor procedural delays.References X Post Reference

coinfomania2025/10/12 13:57