When a restaurant created based on the rise of cryptocurrencies and NFTs stops accepting digital currencies.
The different cryptocurrencies that have lost more than half of their value in just a few weeks are not having a good time, which is causing many investors to sell their investments down and many others to think twice before invest more, something that is also affecting physical businesses.
and in the restaurant Bored and Hungry in Los Angeles, after being born by the rise of NFTs and cryptocurrencies, they no longer want you to pay them with Bitcoin or Ethereum, because now they only accept dollars.
As reported from Los Angeles Timesthis fast food restaurant opened in April and accepted digital currencies (in addition to dollars), but since the market crash of these digital currencies now, without giving any explanation, they are only accepting dollars lifelong.
According to them, the owner Andy Nguyen has not yet explained this decision not to continue accepting digital assets, and even the local workers do not know very well how to deal with customer questions.
Since the collapse of the cryptocurrency market, many companies dedicated to this sector have been laying off employees, and yet in the United States even the first steps are being taken to regulate the industry.
However, despite the fact that a large group of people are unloading their investments in cryptocurrencies in the face of the market decline, there are others who are taking the opportunity to buy cheap in the hope that in the coming months or years the market can return. as it was before, to become the new Bitcoin millionaires.
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