Restaurant that opened with the purpose of accepting cryptocurrencies now only receives dollars

A restaurant in the United States has had to change its policy of cryptocurrencies after the market fell sharply in recent weeks.

Bored & Hungry, a restaurant born in Long Beach, California, had become globally popular after announcing that it would accept ethereum and apecoin as a way to massify the cryptocurrencies. However, a current report indicates that this objective is paused.

The crypto restaurant that does not accept cryptocurrencies

In accordance with Los Angeles Timesthe establishment, adorned with images of NFTs such as Bored Ape, was no longer accepting any cryptocurrency.

In the note, a journalist from the media goes to the place and is surprised that they only accepted dollars. No answer was ever given if it was a recent change and if it was going to be temporary.

Fortunately for the burger joint, it seems that most of its customers are indifferent to their relationship with the cryptocurrencies. Many of the customers the reporter spoke with did not know much about the cryptocurrencies: they were there primarily for the food (vegan and non-vegan burgers, fries, and soft drinks, among other offerings).

drop in value

Although there is no precise argument for this change, it falls by its own weight to know that the value of the cryptocurrencies has fallen sharply in recent years.

The ethereum, one of the currencies used in the transactions of the hamburger, reached 890 dollars just a few days ago, at a price very far from its maximum peak of 4 thousand dollars. It is currently listed at $1,200.

The markets of cryptocurrenciesalso called exchangethey are collectively laying off about 1700 employees in June alone, a month where the value of virtual currencies has fallen to the worst in almost two years.

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