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).

Share:
More In Business
Stretching Your Dollar: The Great Wealth Transfer is Coming Soon
It's expected that boomers and their parents' generation will pass down $84.4 trillion in assets through 2045, according to Forbes. Paul Karger, co-founder and managing partner of financial firm TwinFocus, joined Cheddar News to discuss wealth transfer between parents and their children and when it's a good time for a conversation between them.
Stretching Your Dollar: How to Care for Your Pets on a Budget
Pets grow into beloved members of families and many do what they can to keep them happy and healthy. Marc Peralta, chief program officer of Best Friends Animal Society, joined Cheddar News to discuss finances and expenses when taking care of your furry family members.
Load More