Whether you’re getting a black coffee, buying a t-shirt, or using its coworking space, the only option to pay at the “Crypto Currency Cafe” in Prague is, well, with crypto.
James Putra, Product Strategy Leader at TradeStation and self-proclaimed blockchain fanatic, joined Cheddar from the space. He points out that the cafe, which accepts Bitcoin and Litecoin, doubles as an institute where people “can understand what’s happening” with the technology.
“I’ve met people that are novice to very hard-core crypto enthusiasts,” he said. “I’ve even met a barista that has a chip planted [in her hand] that activates her cryptocurrency wallet.”
This cafe is one of many vendors accepting crypto payments. CoinMap, incidentally also based in Prague, provides a digital map that allows users to locate options across the world.
Putra says that Europe has been particularly receptive to the digital currencies.
“I've been in London, and Munich, and also in Prague … whether you’re walking through the streets and you see a cryptocurrency ATM, [or] you find a place like this cafe where you can actually spend the cryptocurrency,” he said. “People are looking for more ways to be involved.”
For full interview [click here](https://cheddar.com/videos/paying-for-coffee-with-crypto).
The average rate on a 30-year mortgage fell 0.06% last week. Although the rate is much higher than it was two years ago, the decline could relieve buyers already dealing with low inventory and high prices.
As millions of Americans are set to retire, John Carter, President & COO of Nationwide Financial, shares what to expect and how consumers of all ages can better prepare for their golden years.
The heated hearing began with recorded testimony from kids and parents talking about being exploited on social media. Throughout the hours-long event, parents who lost children to suicide silently held up pictures of their dead kids.
Adtalem CEO Steve Beard addresses a report from Safkhet Capital taking the short position on the for-profit education giant, plus why he believes there should be financial recourse for student loan borrowers misled by their institutions.
CEO of Americares Christine Squires shares how the organization is helping provide medical assistance in a time of increasing instability, war, and climate-related disaster.
Doug Clinton, Deepwater Asset Management managing partner, shares tips for investors looking to take advantage of the massive boom in artificial intelligence beyond Microsoft and Nvidia.
Jason Moser, analyst and adviser at the Motley Fool, shares thoughts on recent tech earnings, including what’s behind Google’s share price drop and why A.I. could be Microsoft’s ‘iPhone moment.’
