Former customers can no longer drown out the penalties as the first bar to accept bitcoin is closed

A legendary German bar and restaurant thatAccording to reports was the first to accept cryptocurrency as a means of payment, it closed permanently.

According to a Reddit post by Room 77 founder Jörg Platzer on October 18, the first traditional company to accept Bitcoin (BTC) is no longer accepting customers and has closed its doors.. In a goodbye message full of references to The Hitchhiker’s Guide to the Galaxy From Douglas Adams Platzer said “thank you again for all the fish and generous tips” after more than 15 years in the business “this little dive in Berlin Kreuzberg”.

“We had a great time,” said Platzer. “Have fun and make lots of friends. It is now clear that nobody will stop Bitcoin anymore. Solid money on a global level will soon make wars impossible and create economic equality between people“.

Former customers can no longer drown out the penalties as the first bar to accept bitcoin is closed
Former customers can no longer drown out the penalties as the first bar to accept bitcoin is closed

Room 77, “the restaurant of the end of capitalism” in the Berlin district of Kreuzberg, Germany, it wasAccording to reports The first place in the world where Bitcoin was accepted as a form of payment. Platzer said he received the first crypto payment for a pint of beer in May 2011.

Given that the average beer price in Germany is $ 4.10 and Bitcoin had just reached parity with the US dollar, The customer could easily have paid for their drink with more than 1 BTC – now at $ 11,432. It’s a high quality drink.

Source: Room 77

Crypto Twitter users quickly jumped into the news with their pilgrimage stories to the legendary Bitcoin bar. Cointelegraph reported that even the Bitcoin educator, Andreas Antonopoulos had targeted local business owners towards crypto after a chance meeting at the bar.

“A visit to Berlin was never complete without going through room 77”, He said Bitcoin Core developer Eric Lombrozo. “”This place will always be part of Bitcoin history“.

Phil Lucsok divided Memories of your first run through the cryptocurrency in the real world:

“When I got Bitcoin for the first time, I just wanted to spend it in a place that wasn’t virtual. I came to room 77 on a spring afternoon in 2013 and ordered a coffee because I didn’t want any beer or food, just decentralized money for it wanted to spend for the first time in my life. “

Platzer gave no specific reason for the closure, but Former customers speculate that this may be due to restrictions due to the pandemic. Last week, the authorities announced a curfew, after which Berlin bars will close between 11:00 pm and 6:00 am and gatherings will have to be limited to a maximum of 25 people.

Although the ban was later lifted, Many companies around the world are seeing sales decline as tourism declines and more people stay home.

“Accuse COVID or Accuse Gentrification”, He said Crypto economist Jon Matonis on Twitter. “Either way, This Kreuzberg landmark has served as a Bitcoin tavern for over 10 years and has attracted thousands of people to make the mandatory pilgrimage“.

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