Everything has to start – AT New York, the owner of a bar has decided to retire in an original way. The man is indeed betting on Bitcoin with what could be the first cryptocurrency-only restaurant sale in the United States.
Patrick Hughes is a real crypto-fan
This week, Patrick Hughes a for sale its two restaurants Hell’s Kitchen, Hellcat Annie’s and Scruffy Duffy’s. The price : 25 bitcoins or 800 Ethereum tokens for both, a value of approximately 875 000 dollars according to current cryptocurrency prices.
“Cryptos are on fire, it’s an amazing currency.”
Hughes, 56 ans
Originally from Queens, he now resides in Ho-Ho-Kus, NJ. His family invested in several Manhattan bars in the early 1970s.
A “global” revolution
Visibly worried about an ever-growing public debt and fearing a devaluation of the US dollar, Hughes is among the countless investors, institutions and ordinary American citizens who see cryptocurrencies a legitimate alternative to the dollar.
“It’s decentralized. It’s global. ”
In recent times, the media are increasingly echoing such initiatives: the most recent concerned, for example, the NFL player Russell Okung, who saw his request to be paid in bitcoins accepted by the Carolina Panthers.
In recent weeks, federal regulators have also started to allow banks to more directly integrate cryptocurrencies and their blockchains public to their business models. In this context of global euphoria, it is therefore not surprising to see this type of news appear.
Hellcat Annie’s and Scruffy Duffy’s sale, a new “small step” for the adoption of cryptocurrencies?