{"id":3789,"date":"2022-01-04T09:03:52","date_gmt":"2022-01-04T09:03:52","guid":{"rendered":"http:\/\/egrowonline.com\/?p=3789"},"modified":"2022-01-04T09:03:52","modified_gmt":"2022-01-04T09:03:52","slug":"this-cafe-is-accepting-crypto-as-a-type-of-payment","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=3789","title":{"rendered":"This cafe is accepting CRYPTO as a type of payment"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"js-article-text\">\n<h2>Inside the CRYPTO cafe: New restaurant accepts Bitcoin and Ethereum as payment &#8211; and even the menu is inspired by the currency<\/h2>\n<ul class=\"mol-bullets-with-font\">\n<li class=\"class\"><b>An Australian cafe is accepting cryptocurrency as a form of payment\u00a0<\/b><\/li>\n<li class=\"class\"><b>Crypto Coffee in Brisbane offer an all-day menu and dishes named after coins<\/b><\/li>\n<li class=\"class\"><b>Customers can also get $20 worth of Bitcoin by signing up to\u00a0Swyftx platform\u00a0<\/b><\/li>\n<li class=\"class\"><b>Cryptocurrency, such as Bitcoin and Ethereum, is a form of digital currency<\/b><\/li>\n<\/ul>\n<p class=\"author-section byline-plain\">By <a target=\"_blank\" href=\"https:\/\/www.dailymail.co.uk\/home\/search.html?s=&amp;authornamef=Carina+Stathis+For+Daily+Mail+Australia\" class=\"author\" rel=\"nofollow noopener\">Carina Stathis For Daily Mail Australia<\/a> <\/p>\n<p class=\"byline-section\"><span class=\"article-timestamp article-timestamp-published\"> <span class=\"article-timestamp-label\">Published:<\/span>  23:43 EST, 3 January 2022  <\/span> | <span class=\"article-timestamp article-timestamp-updated\"> <span class=\"article-timestamp-label\">Updated:<\/span>  02:32 EST, 4 January 2022  <\/span> <\/p>\n<p> <!-- ad: https:\/\/mads.dailymail.co.uk\/v7\/us\/femail\/femailpolls\/article\/other\/para_top.html --> <!-- MOL-22124--><br \/>\n<!--[if !IE]&gt;&gt;--><\/p>\n<p>&lt;!&#8211;<br \/>\n<!--[if IE]&gt;--><\/p>\n<p><!--[if !IE]&gt;&gt;--><\/p>\n<p>&lt;!&#8211;<!--[if IE]&gt;--><\/p>\n<p><!--[if !IE]&gt;&gt;--><\/p>\n<p>&lt;!&#8211;<!--[if gte IE 8]&gt;&gt;--><\/p>\n<p>&lt;!&#8211;<\/p>\n<p><!--[if IE 8]&gt;--><\/p>\n<p><!--[if IE 9]&gt;--><\/p>\n<p><!--[if IE]&gt;--><\/p>\n<p><!--[if !IE]&gt; --><\/p>\n<p>&lt;!&#8211;<\/p>\n<p><!--[if IE]&gt;--><\/p>\n<p><!--[if !IE]&gt; --><\/p>\n<p>&lt;!&#8211;<!--[if IE]&gt;--><\/p>\n<p><!--[if !IE]&gt; --><\/p>\n<p>&lt;!&#8211; <\/p>\n<p><!-- MOL-22124--><\/p>\n<div>\n<p class=\"mol-para-with-font\">A local caf\u00e9 is the first of its kind in Australia to accept cryptocurrency as a form of payment.<\/p>\n<p class=\"mol-para-with-font\">Crypto Coffee in <a target=\"_blank\" style=\"font-weight: bold\" href=\"https:\/\/www.dailymail.co.uk\/news\/brisbane\/index.html\" id=\"mol-1cf525f0-6d1d-11ec-b28e-410d5cfa7c47\" rel=\"noopener\">Brisbane<\/a> has embraced the growing trend and named menu items after popular digital coins &#8211; including <a target=\"_blank\" style=\"font-weight: bold\" href=\"https:\/\/www.dailymail.co.uk\/news\/bitcoin\/index.html\" id=\"mol-1cf23fc0-6d1d-11ec-b28e-410d5cfa7c47\" rel=\"noopener\">Bitcoin<\/a>, Ethereum and Ripple.<\/p>\n<p class=\"mol-para-with-font\">Unlike cash, cryptocurrency is completely digital and can be used to buy goods and services &#8211; but is often exchanged for a profit online if the price has increased.<\/p>\n<p class=\"mol-para-with-font\">Customers can also get $20 worth of Bitcoin after visiting the caf\u00e9 and signing up to the new cryptocurrency platform, Swyftx.\u00a0<\/p>\n<div class=\"artSplitter mol-img-group\" style=\"style\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-95690d76991588\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517267-10366513-image-a-35_1641271695853.jpg\" height=\"634\" width=\"634\" alt=\"Crypto Coffee in Brisbane is one of the first cafes in Australia to accept cryptocurrency as a form of payment\" class=\"blkBorder img-share\" style=\"max-width:100%\" \/> <\/div>\n<p>  <img loading=\"lazy\" decoding=\"async\" id=\"i-95690d76991588\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517267-10366513-image-a-35_1641271695853.jpg\" height=\"634\" width=\"634\" alt=\"Crypto Coffee in Brisbane is one of the first cafes in Australia to accept cryptocurrency as a form of payment\" class=\"blkBorder img-share\" \/>  <\/div>\n<p class=\"imageCaption\">Crypto Coffee in Brisbane is one of the first cafes in Australia to accept cryptocurrency as a form of payment<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\" style=\"style\">\n<div class=\"splitLeft\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-86f8efa83bc09df7\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517271-10366513-Unlike_cash_cryptocurrency_is_completely_digital_and_can_be_used-m-39_1641271737880.jpg\" height=\"313\" width=\"306\" alt=\"Unlike cash, cryptocurrency is completely digital and can be used to buy goods and services but is often exchanged for a profit online if the price has increased\" class=\"blkBorder img-share\" style=\"max-width:100%\" \/> <\/div>\n<p>  <img loading=\"lazy\" decoding=\"async\" id=\"i-86f8efa83bc09df7\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517271-10366513-Unlike_cash_cryptocurrency_is_completely_digital_and_can_be_used-m-39_1641271737880.jpg\" height=\"313\" width=\"306\" alt=\"Unlike cash, cryptocurrency is completely digital and can be used to buy goods and services but is often exchanged for a profit online if the price has increased\" class=\"blkBorder img-share\" \/>  <\/div>\n<\/div>\n<div class=\"splitRight\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-823b2abec00d0c99\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517269-10366513-image-a-40_1641271747927.jpg\" height=\"313\" width=\"306\" alt=\"The all-day menu includes indulgent dishes named after different digital coins\" class=\"blkBorder img-share\" style=\"max-width:100%\" \/> <\/div>\n<p>  <img loading=\"lazy\" decoding=\"async\" id=\"i-823b2abec00d0c99\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517269-10366513-image-a-40_1641271747927.jpg\" height=\"313\" width=\"306\" alt=\"The all-day menu includes indulgent dishes named after different digital coins\" class=\"blkBorder img-share\" \/>  <\/div>\n<\/div>\n<p class=\"imageCaption\">Unlike cash, cryptocurrency is completely digital and can be used to buy goods and services but is often exchanged for a profit online if the price has increased<\/p>\n<\/div>\n<p class=\"mol-para-with-font\">The all-day menu includes XRP (Ripple) smashed avo on toast, Doge BLT sandwich and ETH (Ethereum) ham, cheese and tomato toastie.<\/p>\n<p class=\"mol-para-with-font\">Fresh salads with avocado and chicken, fruit smoothies along with speciality coffee is also available.<\/p>\n<p class=\"mol-para-with-font\">Prices range from $6 for two slices of Shiba toast to $18.90 for a huge Crypto breakfast complete with two poached eggs on sourdough toast, mushrooms, sausages, avocado and bacon.<\/p>\n<p class=\"mol-para-with-font\">But in order to buy, trade and use cryptocurrency, consumers need to use specific platforms, like Swyftx which is the newest in the country.<\/p>\n<div class=\"artSplitter mol-img-group\" style=\"style\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-90be3e65b41a798c\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517275-10366513-image-a-41_1641271787370.jpg\" height=\"634\" width=\"634\" alt=\"Customers can also get $20 worth of Bitcoin after visiting the caf\u00e9 and signing up to the new cryptocurrency platform, Swyftx\" class=\"blkBorder img-share\" style=\"max-width:100%\" \/> <\/div>\n<p>  <img loading=\"lazy\" decoding=\"async\" id=\"i-90be3e65b41a798c\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517275-10366513-image-a-41_1641271787370.jpg\" height=\"634\" width=\"634\" alt=\"Customers can also get $20 worth of Bitcoin after visiting the caf\u00e9 and signing up to the new cryptocurrency platform, Swyftx\" class=\"blkBorder img-share\" \/>  <\/div>\n<p class=\"imageCaption\">Customers can also get $20 worth of Bitcoin after visiting the caf\u00e9 and signing up to the new cryptocurrency platform, Swyftx<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\" style=\"style\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-6cbc591d061160e0\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517265-10366513-In_order_to_buy_trade_and_use_cryptocurrency_consumers_need_to_u-m-43_1641271819653.jpg\" height=\"620\" width=\"634\" alt=\"In order to buy, trade and use cryptocurrency, consumers need to use specific platforms, like Swyftx which is the newest in the country\" class=\"blkBorder img-share\" style=\"max-width:100%\" \/> <\/div>\n<p>  <img loading=\"lazy\" decoding=\"async\" id=\"i-6cbc591d061160e0\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2022\/01\/04\/04\/52517265-10366513-In_order_to_buy_trade_and_use_cryptocurrency_consumers_need_to_u-m-43_1641271819653.jpg\" height=\"620\" width=\"634\" alt=\"In order to buy, trade and use cryptocurrency, consumers need to use specific platforms, like Swyftx which is the newest in the country\" class=\"blkBorder img-share\" \/>  <\/div>\n<p class=\"imageCaption\">In order to buy, trade and use cryptocurrency, consumers need to use specific platforms, like Swyftx which is the newest in the country<\/p>\n<\/div>\n<p class=\"mol-para-with-font\">Open seven days a week, Crypto Coffee will likely pave the way for future cafes to start using the digital currency as an alternative payment option.<\/p>\n<p class=\"mol-para-with-font\">The caf\u00e9 also accepts cash and eftpos.<\/p>\n<p class=\"mol-para-with-font\">Unlike physical currencies such as the Australian or US dollar, cryptocurrency is completely digital and &#8216;decentralised&#8217; &#8211; meaning it&#8217;s not controlled by any banks or government.<\/p>\n<p class=\"mol-para-with-font\">In a YouTube video, finance expert Queenie Tan said crypto&#8217; comes from the word cryptography, the art of solving puzzles, while &#8216;currency&#8217; is a means of exchange for goods and services.<\/p>\n<p class=\"mol-para-with-font\">Queenie uses Swyftx which has relatively low fees of 0.6 per cent and no deposit or withdrawal fees &#8211; though some alternatives include CoinSpot and Crypto.com.\u00a0<\/p>\n<p class=\"mol-para-with-font\">Before diving into how to buy cryptocurrency, it&#8217;s essential to understand what it is and why it&#8217;s a popular talking point in the digital sphere.\u00a0<\/p>\n<div class=\"art-ins mol-factbox femail\" data-version=\"2\" id=\"mol-8e09b330-5ed8-11ec-99fa-b145d16a083c\" data-permabox-url=\"https:\/\/www.dailymail.co.uk\/femail\/polls\/article-10366513\/This-cafe-accepting-CRYPTO-type-payment.html\">\n<h3 class=\"mol-factbox-title\">What is Cryptocurrency and how do people make money from it?<\/h3>\n<div class=\"ins cleared mol-factbox-body\">\n<p class=\"mol-para-with-font\">Cryptocurrency is digital form of money that&#8217;s based on blockchain technology<\/p>\n<p class=\"mol-para-with-font\">The two biggest and most popular versions of cryptocurrency are Bitcoin and Ethereum, but there are more than 5,000 different cryptocurrencies in circulation<\/p>\n<p class=\"mol-para-with-font\">A cryptocurrency is a medium of exchange that is digital, encrypted and decentralised\u00a0<\/p>\n<p class=\"mol-para-with-font\">Similarly to the stock market, owners of different cryptocurrency can sell their crypto for a profit if the price increases\u00a0<\/p>\n<p class=\"mol-para-with-font\">But cryptocurrency is deemed to be a risky investment due to the constant daily fluctuations it undergoes<\/p>\n<p class=\"mol-para-with-font\">Source:<a target=\"_blank\" style=\"font-weight: bold\" class=\"class\" rel=\"nofollow noreferrer noopener\" href=\"https:\/\/www.forbes.com\/advisor\/investing\/what-is-cryptocurrency\/\"> Forbes\u00a0<\/a><\/p>\n<\/p><\/div><\/div>\n<\/div>\n<p>            <!-- ad: https:\/\/mads.dailymail.co.uk\/v7\/us\/femail\/femailpolls\/article\/other\/inread_player.html --><\/p>\n<p><span class=\"mol-ads-label-container\"><span class=\"mol-ads-label\">Advertisement<\/span><\/span><\/p>\n<div class=\"column-content cleared\">\n<div class=\"shareArticles\">\n<h3 class=\"social-links-title\">Share or comment on this article: <\/h3>\n<\/p><\/div><\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.dailymail.co.uk\/femail\/polls\/article-10366513\/This-cafe-accepting-CRYPTO-type-payment.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inside the CRYPTO cafe: New restaurant accepts Bitcoin and Ethereum as payment &#8211; and even the menu is inspired by the currency An Australian cafe is accepting cryptocurrency as a form of payment\u00a0 Crypto Coffee in Brisbane offer an all-day menu and dishes named after coins Customers can also get $20 worth of Bitcoin by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[236,3058,62,588,3059],"class_list":["post-3789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-accepting","tag-cafe","tag-crypto","tag-payment","tag-type"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/52517267-10366513-image-a-35_1641271695853.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3789"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3789\/revisions"}],"predecessor-version":[{"id":3791,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3789\/revisions\/3791"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/3790"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3789"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}