With the first month of 2022 done and dusted, and the sweet smell of February wafting through the air, it’s been another fascinating week in the world of crypto with some exciting news that’s sure to dominate talk amongst crypto enthusiasts. Thai café offers coffee with crypto advice; Arizona plans to make Bitcoin legal tender; Justin Bieber splashes $1.29 million on latest NFT; and Las Vegas gentlemen’s club now accepting Bitcoin.
Thai café offers coffee with crypto advice
A café in northeast Thailand has made headlines as it launched a service offering free crypto investment consulting for its patrons. HIP Coffee & Restaurant, situated in Nakhon Ratchasima province, has been dubbed the home of crypto traders due to some innovative features that have the locals flocking in their droves.
The café comes fully equipped with banks of computer and television screens strewn across its walls that show the latest market movement. In addition, resident experts offer patrons free crypto advice while they tuck into their coffee and cake.
This sweet deal can be found nestled behind a calm exterior of cherry blossom trees where investors gather in their numbers to trade as a pack. Interest in cryptocurrencies has taken off in the country, with an estimated 251 billion Bhat being traded in the last two months of 2021.
While HIP café has been around for almost ten years, it was given a crypto makeover in 2020 and has since doubled its turnover due to the overwhelming number of investors looking for alternative investment opportunities. Those who visit the café get free crypto investment advice and regulars believe that this platform offers them the best chance of success in a highly volatile market.
One such crypto investor, Detnarong Satianphut, who frequents the establishment, said,” It’s exciting for me to be here because I get to meet people who share the same interests. We traders get to exchange information because in the trading world we are coming up against millions of people.”
Apakon Putnok is another regular who said, “Having so many screens helps a lot. We immediately know and get to analyse crashing factors and whether we should buy.”
The café has grand plans on launching its own cryptocurrency in the near future. Wisly will keep you posted on the very latest with that.
Arizona plans to make Bitcoin legal tender
The state senator of Arizona, Wendy Rogers, has proposed a bill that will make Bitcoin legal tender in the US state. While US federal law does not permit states to create their own currencies, the bill is certain to spark a wave of interest from lawmakers and the general public.
In a recently introduced draft bill – numbered SB1341 – Rogers stipulated that Bitcoin should be afforded the status of transactional currency or legal tender. Although the date is not yet confirmed, once the bill is discussed in the state senate and House of Representatives, the Grand Canyon State will become the first in the US to consider such a development – incredible!
In the proposed bill, senator Rogers defines legal tender as “Any medium of exchange that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes, and dues.” while Bitcoin is defined as “Bitcoin means the decentralized, peer-to-peer digital currency in which a record of transactions is maintained on the Bitcoin blockchain and new units of currency are generated by the computational solution of 21 mathematical problems and that operates independently of a central bank.”
Rogers is part of a 3-member Blockchain and Cryptocurrency Study Committee in Arizona and tweeted late last year, “I am going to work to help make Arizona crypto-friendly.” The introduction of this draft bill is sure to trigger fresh impetus into Bitcoin’s growing acceptance and adoption across the globe.
As always, Wisly will keep you in the loop with the latest developments on this.
Justin Bieber splashes $1.29 million on latest NFT
Canadian singer and global icon Justin Bieber has splashed some of his hard-earned dough on a one-of-a-kind NFT from OpenSea. Bieber invested $1.29 million or 500 ETH on a Bored Ape Yacht Club (BAYC) NFT to add to his growing NFT collection.
While everybody is hooked to Bieber-fever, Justin has been gripped by crypto fever and has recently started to explore deeper into cryptocurrencies and NFT assets. Using his account JustinBieberNFTS on OpenSea, Bieber bought Bored Ape Yacht Club #3001 on 29 January 2022 and – astonishingly – it appears that he overpaid for this amazing piece of digital art.
At the time of sale, the floor price of BAYC was sitting at 104 ETH or around $270,000, but much to everyone’s surprise, the singer ended up forking out 500 ETH or $1.29 million on it – paying a whole lot more than what the market estimated it was worth.
Although Bieber’s personal fortune should sufficiently take care of that bill, it’s still remarkable that he would choose to buy an NFT so much higher than market value – perhaps stemming from his fascination for NFTs with his stash now at 619 NFTs from 49 different collections. Fortune favours the brave!
Wisly will keep you informed on the latest with this story.
Las Vegas gentleman’s club now accepting Bitcoin
They say – what happens in Vegas stays in Vegas – and a certain gentleman’s club on the Las Vegas strip, Crazy Horse 3, is now accepting Bitcoin for lap dances and tips. Las Vegas is known for being a city of craziness, so the establishment aims to live up to the city’s reputation with its latest move.
The news is sure to lift the spirits of crestfallen crypto investors who have endured a pummelling in the market in the last month and are hoping to find some fresh joy with their crypto. All patrons at Crazy Horse 3 can pay anonymously with their Bitcoin by scanning a QR code that will facilitate a Bitcoin transaction through their crypto wallet – all without a paper trail leading to the adult entertainment club – privacy at its very best!
A statement from Crazy Horse 3 read, “The venue becomes one of the first strip clubs in the United States to welcome the exchange of the digital currency for adult entertainment, providing tech savvy customers with an added layer of privacy and flexibility.”
The publicist for the establishment, Lindsay Feldman, beamed with delight as she chimed, “Guests can enjoy all our bustling adult entertainment anonymously and instantly. Crazy Horse 3 has always been at the forefront of the industry and remains committed to offering unique and innovative amenities that elevate the world-class experience that our high-end clientele knows us for.”
As always, Wisly will be watching with eagle eyes for any peaks to this story.