“People come to us from all over the world because we accept Bitcoin,” Vesna Sic, co-owner of the Lekkerurlaub guest house in Berlin, said by phone.
In the past month, the number of businesses on CoinMap, a website showing physical companies and vendors accepting Bitcoin, has tripled to more than 2,000. “Either way, this Kreuzberg landmark has served as a Bitcoin watering hole for over 10 years, with thousands making the obligatory pilgrimage.What do a street-van burger, a wedding bouquet and a Beatles album have in common? They’re all on a growing list of products shoppers can buy over the counter using the virtual currency Bitcoin.įrom Berlin record store Long Player to the Flower Lab, a florist in Santa Monica, California, more retailers are accepting Bitcoin as consumers increasingly buy into the money, pushing up its value. “Blame it on COVID or blame it on gentrification,” said crypto economist Jon Matonis on Twitter. Though the ban was later lifted, many businesses worldwide are experiencing a drop in revenue as tourism drops and more people stay indoors. Last week, authorities announced a curfew requiring bars in Berlin to shut down between 11:00 PM and 6:00 AM and restrict gatherings to no more than 25 people indoors. Platzer did not provide a specific reason for the closure, but former patrons are speculating it may be related to restrictions due to the pandemic. I got to Room 77 on an early spring afternoon in 2013 and ordered a coffee since I didn’t want beer or food, just wanted to spend some decentralized currency for the first time in my life.” Phil Lucsok shared memories of his first time spending crypto in the real world: “When I first got some Bitcoin, I just wanted to spend it somewhere AFK. “This place will always remain part of Bitcoin history.” “A visit to Berlin was never complete without stopping by Room 77,” said Bitcoin Core developer Eric Lombrozo. Cointelegraph reported that even Bitcoin educator Andreas Antonopoulos had turned local business owners onto crypto after a chance meeting in the bar. Source: Room 77Ĭrypto Twitter users were quick to jump on the news with their pilgrimage stories to the legendary Bitcoin bar. dollar at that time, the patron could have easily paid for their drink with more than 1 BTC - now priced at $11,432. Given that the average price of beer in Germany is roughly $4.10 and Bitcoin had just reached parity with the U.S. Platzer claimed to have received the first crypto payment in May 2011 for a pint of beer. Room 77, “the restaurant at the end of capitalism” located in the Kreuzberg district of Berlin, Germany, was reportedly the first brick-and-mortar location in the world to accept Bitcoin as a form of payment.
Sound money on a global scale will soon make it unfeasable to wage wars and it will create economic equality amongst mankind.” It is clear by now that nobody will stop Bitcoin anymore. “Having a lot of fun and making many friends. In a goodbye message riddled with references to Douglas Adams’ The Hitchhiker's Guide to the Galaxy, Platzer said “thanks again for all the fish and the generous tips” after more than 15 years in business occupying “that little joint in Berlin Kreuzberg.” 18 Reddit post from Joerg Platzer, founder of Room 77, the first brick-and-mortar business to accept Bitcoin ( BTC) is no longer accepting customers and has shuttered its doors. A legendary bar and restaurant in Germany that was reportedly the first to ever accept cryptocurrency as a form of payment has permanently closed.Īccording to an Oct.
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