Former patrons can't drown sorrows as first-ever bar to accept Bitcoin closes

Udgivet den by Cointele | Udgivet den

A legendary bar and restaurant in Germany that was reportedly the first to ever accept cryptocurrency as a form of payment has permanently closed.

According to an Oct. 18 Reddit post from Joerg Platzer, founder of Room 77, the first brick-and-mortar business to accept Bitcoin is no longer accepting customers and has shuttered its doors.

"Having a lot of fun and making many friends. It is clear by now that nobody will stop Bitcoin anymore. Sound money on a global scale will soon make it unfeasable [sic] to wage wars and it will create economic equality amongst mankind."

Room 77, "The restaurant at the end of capitalism" located in the Kreuzberg district of Berlin, Germany, was reportedly the first brick-and-mortar location in the world to accept Bitcoin as a form of payment.

Crypto Twitter users were quick to jump on the news with their pilgrimage stories to the legendary Bitcoin bar.

Cointelegraph reported that even Bitcoin educator Andreas Antonopoulos had turned local business owners onto crypto after a chance meeting in the bar.

"A visit to Berlin was never complete without stopping by Room 77," said Bitcoin Core developer Eric Lombrozo.

"This place will always remain part of Bitcoin history."

"When I first got some Bitcoin, I just wanted to spend it somewhere AFK. I got to Room 77 on an early spring afternoon in 2013 and ordered a coffee since I didn't want beer or food, just wanted to spend some decentralized currency for the first time in my life."

"Either way, this Kreuzberg landmark has served as a Bitcoin watering hole for over 10 years, with thousands making the obligatory pilgrimage."

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