When it comes to virtual currencies, many crypto pundits agree for these virtual assets to gain and appreciate, they need to be adopted and be put in use in the way they were designed to, and that is in transactions and exchange of coinage.
While this might not be the case for all digital currencies, some of the renowned virtual tokens like Bitcoin were originally considered as a means to transact between entities with the added advantage of convenience and privacy.
Sadly, even if virtual currency holders were willing to spend their digital assets on transfers and purchases, they would not find many appropriate occasions for doing so. That is why the latest news of an eatery starting to allow payments to be made in cryptocurrency is big news that is worth noting for investors.
Obviously, if more merchants and traders accept and adopt this mode of payment as an alternative to traditional modes of payment, the prices of Bitcoin, Litecoin, and virtual currencies in general, would be supported by real significant values.
Pompton Lakes Eatery Accepts Cryptocurrency Payments Monica’s Restaurant is old but modern wine and dines eatery joint that is situated on Lakeside Avenue in Pompton Lakes in New Jersey. Recently, the Italian Restaurant came out to announce to the public that they nowallow their clients to pay for their meals in virtual currencies as an alternative to fiat currencies.
Monica’s Restaurant sees this move as a marketing strategy that would entice a younger generation of customers to come and dine in their establishment. Patrons can now pay for their dishes in Bitcoin and Litecoin.
Irrespective of virtual currencies becoming far-reaching in the last few years, it is still the youthful tech-savvy generation who are mostly involved with these digital assets. An Italian eatery accepting payments in...