CryptoEvent

WEB3-style restaurant Bored & Hungry rejected cryptocurrency

In April 2022, the Los Angeles location of the theme restaurant opened. The dedication to cryptocurrency was one of the key characteristics. However, the management decided to discontinue accepting digital assets for payment 1.5 months after the business opened.

Additionally, it didn’t turn out to be the collapse of the cryptocurrency market. Users have not expressed any interest in making payments with cryptocurrencies.

Numerous factors, such as the market’s extreme volatility and people’s unwillingness to spend money saved for long-term investments, explain this. But as experts point out, this is a singular instance.

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