08 Apr '13, 7pm

The New York bar that takes Bitcoins

Charlie Shrem (left) and Alex Likhtenstein are partners in the New York City bar EVR, which now accepts Bitcoins as payment for bar tabs. NEW YORK (CNNMoney) Servers at the New York City bar EVR spent Sunday night learning how customers can use the virtual currency Bitcoin to pay their bar tabs. On Monday, the 39th Street nightspot will be ready to test it out. "When we opened a few months ago, I said that we needed to be the first New York bar to accept Bitcoins," said Charlie Shrem, the 23-year old co-owner of the midtown Manhattan bar. Bitcoin, a virtual currency that was created four years ago, has been at the center of much media attention recently. Just in the past three weeks, the value of Bitcoins has skyrocketed over 300%. The value of one Bitcoin rose to $194 Monday, from $47 three weeks ago. The surge was triggered by the botched European Union bailout of Cyprus...

Full article: http://money.cnn.com/2013/04/08/investing/bitcoin-bar-new...

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The New York bar that takes Bitcoins

money.cnn.com 08 Apr '13, 7pm

Charlie Shrem (left) and Alex Likhtenstein are partners in the New York City bar EVR, which now accepts Bitcoins as paymen...

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