Bitcoin Bar 'Room 77' Shuts Down

Bitcoin Bar 'Room 77' Shuts Down

THELOGICALINDIAN - Room 77 the German bar and restaurant that claims to be the aboriginal retail accouterments in the apple to acquire bitcoin payments has shut bottomward Cypherpunk Holdings arch economist Jon Matonis bankrupt the account on Twitter Bar buyer Jorg Platzer after accepted it on Reddit

“Room 77 is closing for good,” Platzer revealed in a rather futuristic, celebratory column on Oct. 18. “We anticipate our mission is able and it is time to go aback to our home planet. Thanks for all the angle and the acceptable tips!”

No official acumen was accustomed for the cease of the Berlin-based joint. But there’s suspicion this may accept been accompanying to the coronavirus pandemic. Lockdown restrictions affiliated to Covid-19 accept hit the all-around accommodation industry hard.

In Berlin, austere restrictions on the auction of booze abide in place, with bar operators banned from affairs the artefact from 11 p.m. to 6 a.m. The measures accept badly afflicted profits.

Located in Kreuzberg, Berlin, Room 77 began accepting bitcoin (BTC) as a agency of acquittal in 2011, acceptable the aboriginal bar, and best acceptable the aboriginal clandestine retail outlet, in the apple to do so. Since then, the bubbler atom has developed into article of a crusade armpit for bitcoiners, who patronize the abode for its BTC payments and more.

“Before we did that (accept BTC), all media advantage about bitcoin was about hackers burglary acclaim agenda capacity and affairs them on the atramentous markets,” Platzer said in a 2018 interview, highlighting how the enactment had afflicted media perceptions and advantage about the top cryptocurrency.

In the crypto community, bodies responded to Room 77’s cease with addicted memories of the past.

“End of an Era: Room 77 in Berlin closes doors permanently!” tweeted Jon Matonis, the Cypherpunk Holdings arch economist. “Blame it on Covid or accusation it on gentrification. Either way, this Kreuzberg battleground has served as a Bitcoin watering aperture for over 10 years, with bags authoritative the binding pilgrimage. Thx for the memories, Joerg!”

Redditor @etrnetm said: “Thanks for accouterment the actionable admiral of Bitcoin in Berlin to us earthlings. We shall accommodated again.”

In his Reddit post, Platzer concluded:

What do you anticipate about the abrupt cease of Room 77? Share your thoughts in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons