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Cryptoknowmics 2022-06-25 14:42:04

BAYC-Themed Burger Joint No Longer Accepts Cryptocurrency

Recently launched BAYC-themed burger joint Bored & Hungry is no longer accepting cryptocurrency as a form of payment, according to a report on Friday from the Los Angeles Times. Irony At Its Best? Launched in April, Bored & Hungry, located in Long Beach, California is no longer accepting Ethereum (ETH) and Apecoin (APE) as a form of payment for its food. When asked if it was possible to pay with crypto, an employee from the restaurant told the Los Angeles Times: “Not today, I don’t know.” It also remains unknown as to how long ago the store had stopped accepting cryptocurrencies or whether that option would eventually return. “With both Ethereum and Apecoin down more than 60% since early April and undergoing double-digit intra-day swings, it would be understandable for any business to be reluctant to accept them in lieu of dollars,” the report added. FIRST RESTAURANT TO ACCEPT ETH & $APE!!!!!! WE DID IT!!! pic.twitter.com/8DshJ2uI4v — Bored & Hungry (@BoredNHngry) April 9, 2022 Customers Were Indifferent To Crypto The report also found out that most of the restaurant’s patrons were indifferent toward cryptocurrencies or did not know much about them and were simply there for the food. Customer Richard Rubalcaba even said, “I don’t know how crypto purchases would work, with the crash.” Bored & Hungry restaurant features branding and décor inspired by Bored Ape and Mutant Ape Yacht Club. The place offers two menus provided by par...

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