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Topic: First Bitcoin Bar in Sofia, Bulgaria looks Interesting - page 2. (Read 561 times)

member
Activity: 966
Merit: 14
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This looks very beautiful and appealing, but my question: Is it that the bar is a Bitcoin themed bar or that the bar accept Bitcoin payment?

Anyways it is good for the awareness of Bitcoin and I love what the people in Sofia have been able to achieve.
According to the tweet, which you can find the link in the op, it is not just a bitcoin themed bar, they actually accept bitcoin payment as well as payment through bitcoin lightening network as well, you can check the comment above yours, or better still, check the tweet on X  and confirm for yourself.

I also love this honestly, bitcoin have won a lot of hearts to itself, I am always happy and proud to be a bitcoiner every time I come across developments like this one op shared here.

If actually they accept BTC as payment, then this is actually more awesome than I thought.
I hope more businesses would embrace this idea, it will really be good to see that more business owners and customers accept to pay for their goods and services using Bitcoin.

Nice concept and I do hope the tempo is sustained.
hero member
Activity: 2198
Merit: 847
There was a Cafe like that in my country, a crypto cafe in the capital, in a good location but owner was unable to make that Cafe work despite the fact that he tried his best for one year to make it alive and wasn't in profit, didn't manage to attract people. One or two person would come once in a while and that was all. He had a bitcoin ATM, even a friend of mine had bitcoin ATM in a very prestigious area but there was no interest. Bitcoin is still a new thing for many people.

I'm not from Bulgaria, but definitely, this kind of business is good for Bitcoin. Maybe they can held monthly or even weekly meeting there and talk about what else their favorite subject, BTC.
It's very hard to held monthly or weekly meetings if there aren't many people interested in crypto in your country and area. It's very hard to make crypto Cafe work but I only wish all the best to the owner, hope this will be the start of something great.
sr. member
Activity: 406
Merit: 896
I am very happy that Bitcoin becomes more widespread in the Balkans.
Kudos to all of you in Bulgaria.
If I visit Sofia, I will definetely visit the bar and I will pay with LN.
legendary
Activity: 3234
Merit: 5637
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To the people who think this is both bad for privacy and security, i still disagree, a criminal wouldn't follow you home for a $5 wrench attack if they are not sure you own a lot of BTC's and if you keep your mouth shut and don't go bragging in that bar, how would one know that you're rich in BTC. Take note that this bar also accepts fiat currency, so it's possible an attacker wouldn't even be sure what payment method you used.


This is your opinion and I respect it, everyone can have their own view of a situation in different ways. However, as I have already written, it is about the bar and what people do there - so although some will drink coffee or tea and go on their way, there are also those who will behave irresponsibly and say something they shouldn't - and those who seek opportunity to do something bad are always nearby and listening.

Nowadays, thieves are very resourceful and can use various methods to collect information, you don't necessarily have to say something in a bar, maybe you wrote something online, and it's very easy to take a picture of someone and search the internet for information.
hero member
Activity: 854
Merit: 1031
Only BTC
This looks very beautiful and appealing, but my question: Is it that the bar is a Bitcoin themed bar or that the bar accept Bitcoin payment?
They accept BTC payment, either through the main chain or the Layer 2 lightning network solution, it is a BTC bar, so it is only normal that they accept BTC, if not what makes it a BTC bar.

To the people who think this is both bad for privacy and security, i still disagree, a criminal wouldn't follow you home for a $5 wrench attack if they are not sure you own a lot of BTC's and if you keep your mouth shut and don't go bragging in that bar, how would one know that you're rich in BTC. Take note that this bar also accepts fiat currency, so it's possible an attacker wouldn't even be sure what payment method you used.
legendary
Activity: 3094
Merit: 1385
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I love that there are so many pictures available, and the bar itself looks decent. It's nice that they're promoting Bitcoin specifically and not a centralized crypto-related business. I like the UV light secret message thing as well, although it's more like merch, and people don't come to a bar with the primary goal of buying merch. What's more important is the drinks, the atmosphere, the music, the workers and all that stuff that makes people visit or avoid visiting the place. Oh, and can people pay in Bitcoin there?
I hope it all works out for this bar.
full member
Activity: 1540
Merit: 219
Criminal rate in this bar *stonks.

I imagine what if there's an innocent who doesn't even have Bitcoin going to this bar and he become a target of $5 wrench attack, the criminal will not believe if this guy is really don't have any Bitcoin lol. The criminal might kill him since they think he's lying in order to protect his coins, so it's really dangerous to any person.
This is my first thought but if you think about it, investment bankers frequent on bars too and the workers know they have the money so I don't think that it's going to be that bad for these bar to operate with a bitcoin theme plus, there's going to be an increased police presence in that area anyway so maybe me and you are just the half glass empty kind of guys. Now that I think about it, this could be a good place for meet ups or for developers to find potential business partnership or other business stuff.
legendary
Activity: 3430
Merit: 1957
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I am very glad to see this, but they have to do something that will encourage people to come to this Bar. We arranged with one of our local Pub owners to accept Bitcoin, but only if we have our weekly Bitcoin meetups at his establishment. So in doing this, he knows that people will support this initiative and he can keep on accepting Bitcoin.

We had a local Tyre fitment centre accepting Bitcoin and he stopped doing it, because people did not support it. Let's support businesses that accept Bitcoin as a payment option... or they will not support us.  Roll Eyes
legendary
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Can they even accept btc legally as a payment method in Bulgaria? If so, than at least it wasn’t for nothing completely.


Bulgaria is one of the EU members, and as far as I know, none of the EU members prohibits the use of Bitcoin as a currency, moreover, in some countries you can pay practically everything you want with BTC, and also some countries have 0% tax with some special conditions (if you sell BTC one or two years after purchase).



I can't say how good a business idea such a bar is, but I can agree with @Rikafip that it's not a good idea when it comes to the privacy of anyone visiting such places.
I don't see a problem with patronizing such businesses, except the person goes there and starts bragging about the million dollar worth of BTC in their hardware wallet at home, or if they pay with an address that stores majority of their funds running into hundreds of thousands or millions.

The privacy risk is the same as walking into any bar, everyone can tell you walked in, but they don't know what you own, except you give that info away. You can be robbed or traced back home right after coming out of a bar thar accepts only fiat. I feel if you do what's right and don't do too much, you can have a beer and pay with BTC without any problems.


I would not agree that the risk of entering a Bitcoin cafe is the same as a normal one, because I think it is much easier to "convince" someone to hand you a piece of paper with a seed, than to rob their bank account. In addition, people go to such places to have fun and relax, and this includes drinking alcohol, maybe even drugs - and under such influences, people often say what they would not otherwise say.
full member
Activity: 665
Merit: 114
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Criminal rate in this bar *stonks.

I imagine what if there's an innocent who doesn't even have Bitcoin going to this bar and he become a target of $5 wrench attack, the criminal will not believe if this guy is really don't have any Bitcoin lol. The criminal might kill him since they think he's lying in order to protect his coins, so it's really dangerous to any person.
Maybe we are thinking too much about the risk of the bar. Just like any other bar, this Butcoin Bar surely has their security to take care of the customers. If ever some customer goes in even without a Bitcoin, that won't be a problem as the Bitcoin was only an additional thing added on the usual bar. The Bitcoin bar serves drinks which is the main reason for people going to a bar.
hero member
Activity: 1036
Merit: 833
Criminal rate in this bar *stonks.

I imagine what if there's an innocent who doesn't even have Bitcoin going to this bar and he become a target of $5 wrench attack, the criminal will not believe if this guy is really don't have any Bitcoin lol. The criminal might kill him since they think he's lying in order to protect his coins, so it's really dangerous to any person.
legendary
Activity: 2254
Merit: 1256

Did they include information on what currencies are accepted for payment?
I went throught the tweet OP shared and the guy behind that Bitcoin bar confirmed that its of course possible to pay with BTC, LN included whihc is good option to have in the times like these when fees are high.


While I like the motif and design of the business since we're all good for Bitcoin. But for me personally, I wouldn't go there. Someone who comes there might give the bad people the idea that you are truly into Bitcoin.
My thought exactly when I saw this. I mean it looks cool and everything, kudos for the effort but by visiting it you are putting yourself to unecessary risk via $5 wrench attack.

Yea I wouldnt go there myself either out of concerns for my security but I'm sure the bar isnt for
Bitcoiners only and that other people would visit to have a drink and check out the place because
of it being different.... isnt that what we do generally?

I know in my country we might go once, check it out and might not go again depending on the vibe we get.
sr. member
Activity: 700
Merit: 429
This looks very beautiful and appealing, but my question: Is it that the bar is a Bitcoin themed bar or that the bar accept Bitcoin payment?

Anyways it is good for the awareness of Bitcoin and I love what the people in Sofia have been able to achieve.
According to the tweet, which you can find the link in the op, it is not just a bitcoin themed bar, they actually accept bitcoin payment as well as payment through bitcoin lightening network as well, you can check the comment above yours, or better still, check the tweet on X  and confirm for yourself.

I also love this honestly, bitcoin have won a lot of hearts to itself, I am always happy and proud to be a bitcoiner every time I come across developments like this one op shared here.
hero member
Activity: 756
Merit: 701
The very first bitcoin bar was opened in Sofia, Bulgaria less than 24 hours ago, or a little farther than 24 hours ago actually, from the pictures posted on Twitter, all looks very interesting to be honest, i could see real deep love for bitcoin in the faces of those in pictures..

Here are some of them.

Bitcoin theme looks really cool. It's obvious that people love Bitcoin. If there was such a cafe or bar near where I lived, I would definitely visit it. It would also be easier to describe the address to my friends Smiley

I would like to see places like this all over the world. There are the same brands all over the world, there is nothing different. Bitcoin theme is compatible with many things. I'm sure themes like this will be a hit where I live. Because there are a lot of young generations and people interested in Bitcoin.
member
Activity: 966
Merit: 14
Tontogether | Save Smart & Win Big
This looks very beautiful and appealing, but my question: Is it that the bar is a Bitcoin themed bar or that the bar accept Bitcoin payment?

Anyways it is good for the awareness of Bitcoin and I love what the people in Sofia have been able to achieve.
hero member
Activity: 2968
Merit: 913
Such business model has it's pros and cons. A bar or restaurant trying to cover a certain niche instead of being generic and ordinary definitely helps for marketing. However, there are several problems with being open about supporting Bitcoin/crypto.
For example, who would want to buy a drink with BTC, knowing that the Bitcoin price might hit another ATH after several days(or weeks). Grin
What if there aren't enough Bitcoin supporters in the area? Most crypto enthusiasts don't want to brag about being crypto supporters and having BTC or altcoins.
It will be really interesting for me to see how this bar is doing to survive financially in the upcoming few months.
full member
Activity: 1120
Merit: 158
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This is great. The happening of a Bitcoin bar in Bulgaria reflects the growing acceptance and integration of cryptocurrencies into mainstream businesses. It'll be interesting to see how this trend evolves globally but Im thinkin how it will happen in my country.
legendary
Activity: 1680
Merit: 1853
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These beautiful pictures will delight all Bitcoin lovers around the world. Everyone is looking forward to that day when everything in our lives becomes related to Bitcoin and proceeds in a normal and legal way without any problems from governments.

Such lovely things encourage everyone to take the initiative to do similar things in their countries around the world, if this does not expose them to danger, of course, because it is difficult to do so in countries that ban Bitcoin or consider its possession a crime punishable by law.

In any case, a very nice initiative, thank you for participating and posting the pictures.
hero member
Activity: 2716
Merit: 588
Most of the bitcoin users have the mind to have a business with bitcoin theme, but very few go for it whereas the majority don't execute plans for different reasons. Most common reason being the fear, because very few countries have regulated the usage whereas the majority hadn't announced anything official. This means there'll be fear, as the  government might take action against them.

Often we were able to similar businesses popping out around different parts of the world. Most common business seen around with bitcoin themes were the cafe, food chain and bar. This is good, because it is the common place where people often have their meetups.

Definitely, these people already did their homework and I think Bulgaria is one of the countries that are open to this market.
As they have large stacks of bitcoin as seized way back in 2017, I have the feeling that they will be more welcoming to btc.

https://www.nasdaq.com/articles/a-seized-bitcoin-stack-could-be-bulgarias-golden-ticket

So no surprise if more and more Bulgarians will be setting-up their crypto-related businesses in their country.
In which of course, it will contribute to further adoption of crypto in their area. If people will find it convenient, they will surely recommend it to others.
hero member
Activity: 854
Merit: 1031
Only BTC
I can't say how good a business idea such a bar is, but I can agree with @Rikafip that it's not a good idea when it comes to the privacy of anyone visiting such places.
I don't see a problem with patronizing such businesses, except the person goes there and starts bragging about the million dollar worth of BTC in their hardware wallet at home, or if they pay with an address that stores majority of their funds running into hundreds of thousands or millions.

The privacy risk is the same as walking into any bar, everyone can tell you walked in, but they don't know what you own, except you give that info away. You can be robbed or traced back home right after coming out of a bar thar accepts only fiat. I feel if you do what's right and don't do too much, you can have a beer and pay with BTC without any problems.
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