The owner of two bars in New York put them up for sale for bitcoins.
Aleksandr Ermolaev
Startups
3 years ago
1 QCP
The owner of two bars in New York put them up for sale for bitcoins. The owner of Hellcat Annie's and Scruffy Duffy's bars in New York is ready to sell them exclusively for cryptocurrency. The price of two nearby establishments is 25 BTC or 800 ETH $850,000, writes the New York Post.
Patrick Hughes, whose family has run bars since the 1970s, like many restaurateurs in the financial capital of the United States, faced difficulties due to restrictions imposed in connection with the COVID19 pandemic. He said the crisis had reinforced his desire to exit the business, despite a near-complete recovery in sales by November.
The entrepreneur is skeptical about the dollar and expects to attract the interest of cryptocurrency owners. According to the restaurateur, he has already received a couple of requests and considers his decision to go to Bitcoin or Ethereum to be correct. The head of the blockchain startup Paxos, Charles Cascarilla, in a comment to the publication noted that he is not aware of cases of selling establishments for cryptocurrency. In his opinion, the Hughes initiative is another confirmation that digital currencies are becoming a monetary tool. Their acceptance is growing, the head of Paxos is convinced.
Recall that NFL star Russell Okung agreed to transfer his salary to bitcoins.
In November, the co-founder of the venture capital company Morgan Creek Digital, Jason Williams, announced the sale of his car for 0.4 BTC.
Patrick Hughes, whose family has run bars since the 1970s, like many restaurateurs in the financial capital of the United States, faced difficulties due to restrictions imposed in connection with the COVID19 pandemic. He said the crisis had reinforced his desire to exit the business, despite a near-complete recovery in sales by November.
The entrepreneur is skeptical about the dollar and expects to attract the interest of cryptocurrency owners. According to the restaurateur, he has already received a couple of requests and considers his decision to go to Bitcoin or Ethereum to be correct. The head of the blockchain startup Paxos, Charles Cascarilla, in a comment to the publication noted that he is not aware of cases of selling establishments for cryptocurrency. In his opinion, the Hughes initiative is another confirmation that digital currencies are becoming a monetary tool. Their acceptance is growing, the head of Paxos is convinced.
Recall that NFL star Russell Okung agreed to transfer his salary to bitcoins.
In November, the co-founder of the venture capital company Morgan Creek Digital, Jason Williams, announced the sale of his car for 0.4 BTC.
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