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).
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
Nicki Minaj just reached a milestone that no other woman in rap has reached.
Apple announced that starting this week, it will stop selling some versions of the Apple watch in the U.S.
Southwest Airlines will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays.
The House of Representatives recently passed a bill aimed at increasing transparency in healthcare.
Load More