It’s a “real ale pub” located in Cambridge, that accepts Bitcoin over the counter. The Devonshire Arms is part of the group Individual Pubs. This pub – located on the High Street, in Chesterton, Cambridge – was probably the first physical place to accept Bitcoins for beer in the United Kingdom. This place, in San Francisco, will sell you beers for Bitcoin and when you get hungry you can also buy some delicious sushi. It’s not that surprising when you find out this bar is co-owned by the cryptocurrency entrepreneur Charlie Shrem, the founder of BitInstant. One of the most famous gastro-pubs in Manhatan, New York, has been accepting Bitcoins for a while. So here are some of the awesome places that accept Bitcoin for beer (or other drinks, we don’t judge)… 1. What’s better than paying for your ice cold beer with Bitcoins? It’s definitely a great feeling. That only raises the urgency of getting new buyers into the ape “community.After a week of hard work at your “mine”, it’s time to hit the bar and start the weekend on a high note.
Bitcoin bar berlin series#
Yet they’re now facing the same market pressures as the rest of the crypto economy.Īccording to the crypto news outlet Decrypt, the cheapest available NFT in the series (that is, the “floor”) has fallen below $100,000 for the first time since last summer, and the project as a whole recently saw its value approximately halved over the course of a month. A sort of digital trading card series built around drawings of anthropomorphic monkeys, Bored Apes count the likes of Justin Bieber and Snoop Dogg among their owners some have sold for millions of dollars. Nor have the nonfungible tokens that form the backbone of Bored & Hungry’s brand been immune. Estimates put the entire sector’s worth at less than a third of what it was in early 2022.
The two e-currencies that Bored & Hungry initially accepted, ethereum and apecoin, are down to about 23% and 17% of their highs over the last year, respectively. The crypto ecosystem is currently in free-fall, with high-profile companies either taking drastic steps to stave off catastrophe or simply collapsing altogether, while cryptocurrencies themselves plunge in value. “I don’t know how would work, with the crash,” he said. I went to the NFT restaurant and all I got was this lousy articleĪnother Long Beach local, 30-year-old Richard Rubalcaba, said he bought into ethereum after meeting other crypto investors during the four-hour wait for Bored & Hungry’s grand opening. Missing: any mention of ethereum or apecoin, the two currencies the popup boasted it would make history by accepting as payment.įood Can NFTs save the restaurant industry or is the hype just virtual?
Not even three months later, in the midst of a crypto crash that has some investors looking for the door, that’s not always the case.ĭuring a lull in the lunch rush one recent afternoon, as a cashier stamped paper bags with the fast-food spot’s logo, twin menus hanging over his head - listing Bored & Hungry’s meat-based and vegan options, respectively - showed prices only in old-fashioned U.S. The restaurant was putting its bitcoin where its mouth was, so to speak. But customers were also offered the option to pay for their meals in cryptocurrency. Sure, meme-y references to rockets and bulls dotted the walls, and Bored Apes - those cartoon monkeys that celebrities such as Paris Hilton and Post Malone have touted as six-figure investments - covered the cups and trays. It was all-in on the digital money part too. When Bored & Hungry first opened in Long Beach in April, the burger joint didn’t just embrace the aesthetics of crypto culture.
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