Cryptocurrency is becoming a popular form of payment in Washington's entertainment venues. Bars and restaurants are moving away from traditional payments to exclusively accepting crypto.
Pubkey Replaces Hill Country: A New Crypto Venture in DC
The popular Hill Country bar, known for its Texas style and music, will soon be replaced by Pubkey, a venue exclusively accepting cryptocurrency. Originally opened in Greenwich Village, Pubkey has established itself as a 'vibrant bitcoin community.' This is a significant event for the history of cryptocurrency in the US capital.
Republicans and Crypto Payments
Republicans are increasingly supporting crypto initiatives. For example, former President Trump used Bitcoin for purchases, which bolstered the crypto community's position in the administration and allowed businesses to accept crypto payments without the risk of debanking.
Crypto Businesses and Democrats
Despite criticism, Pubkey owner Thomas Pacchia noted that Democrats are also showing interest in cryptocurrencies. Representatives like Ritchie Torres and Kirsten Gillibrand have visited crypto-accepting venues, and Pubkey's opening in Washington might attract attention from both parties.
The rising popularity of crypto payments in American bars suggests a shift in public opinion in favor of digital currencies. This might encourage the further spread of cryptocurrencies as a legitimate means of exchange in daily and commercial areas.
