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.
I am also thinking of this, as a tactical guy this is quiet risky for yourself and you are getting yourself compromised as we all know Bitcoin is an asset that everybody wanted to have including extortionists unless you got a couple of private body guards on you. 😅 
Topic: First Bitcoin Bar in Sofia, Bulgaria looks Interesting (Read 638 times)
Bitcoin making a mark and solidifying its stand as a currency that has come to stay with monuments, and businesses like the bar opened in its name is of course a dream come true.
This shows how serious BTC is as a currency and by separating itself from projects like that which has negative reviews, talking about the ban on mixers, it is positioning itself and market as trusted, valuable and a rewarding investment to consider.
We have been seeing something like this frequently and we are going to keep seeing it with more time. The adoption of Bitcoin is consistent and all the restrictions and banning of Bitcoin keep becoming an eye opener to people around to get knowledge about what Bitcoin is and what it can do for us if we hold it. The market is big and can accommodate us no matter the numbers of people in the market. For all that are investors and contributors to the network, it will get to a level when we shall start reaping from the market based on our investment portfolio in Bitcoin. This shows how serious BTC is as a currency and by separating itself from projects like that which has negative reviews, talking about the ban on mixers, it is positioning itself and market as trusted, valuable and a rewarding investment to consider.
I would totally go to that bar. And it absolutely gives tons of ideas of physical projects to make sense about Bitcoin. Love the initiative.
The bar looks nice and a very beautiful place to be. People around the world are continuing promoting bitcoin in their little ways even when the currency is not yet a legal tender globally. The little all these people do are what a dedicated and loyal community does for its community to grow. I am really impressed by this bitcoin bar. Let the adoption continues…
This bar looks dope. Really I can see the joy in the eyes of the person present in the pictures. They seem really delighted with this bar. I want someone from Bulgaria to really share the experience here. All like minded people will chill there and it will be really fun. I wish every country to support Bitcoins, and finally then we can see something like this in our country also. Really amazed to see this Bitcoin bar. Waiting to see more updates on this.
I would like to know how many people want to pay with Bitcoin now, with such high fees it seems not so easy, someone or a bar or a buyer must pay these costs. Someday this should normalize, this time it seems to me that this story is dragging on longer than usual, I assume that during such periods the bar will be forced to accept some kind of alternative payment in order not to lose customers, the fact is that no one business can't survive without profit. This is very amazing to see. Who doesn’t love it when bitcoin gets more adoption (except haters,lol). But anyways, my current curiosity is with the cost of Bitcoin transactions these days, how does the business cope with it? Do customers still pay all that fee just because they want to buy with Bitcoin? I do not know so much about how it works in cases like this so I’d love to be enlightened.
Actually a downside for such transaction not unless they would use wallet to wallet transactions which would make the fees lower. There are many small businesses who tried to do the same thing which is to accept Bitcoin and other crypto as a mode of payment however, fees and volatility of its price became their problem. Business and asset at the same time is quite of a problem obviously; funds in a business are meant to revolve and sustain the business itself. Right now that fees are higher due to the increase with Bitcoin's market price but more likely it will also be shouldered by the customer.When you say shouldered, you mean the customer will pay the fees? I don’t think that’s easy as it sounds. If you were the customer and you just want to buy a bottle of beer, would you pay the transaction fee that is even higher than the item you’re buying. Even if the the fees was lower than the item being bought, it’s not still easy to put the transaction fee on the customer, in fact, they won’t even want to purchase the item because they’ll be overspending.
Bitcoin making a mark and solidifying its stand as a currency that has come to stay with monuments, and businesses like the bar opened in its name is of course a dream come true.
This shows how serious BTC is as a currency and by separating itself from projects like that which has negative reviews, talking about the ban on mixers, it is positioning itself and market as trusted, valuable and a rewarding investment to consider.
This shows how serious BTC is as a currency and by separating itself from projects like that which has negative reviews, talking about the ban on mixers, it is positioning itself and market as trusted, valuable and a rewarding investment to consider.
This bar looks dope. Really I can see the joy in the eyes of the person present in the pictures. They seem really delighted with this bar. I want someone from Bulgaria to really share the experience here. All like minded people will chill there and it will be really fun. I wish every country to support Bitcoins, and finally then we can see something like this in our country also. Really amazed to see this Bitcoin bar. Waiting to see more updates on this.
This is very amazing to see. Who doesn’t love it when bitcoin gets more adoption (except haters,lol). But anyways, my current curiosity is with the cost of Bitcoin transactions these days, how does the business cope with it? Do customers still pay all that fee just because they want to buy with Bitcoin? I do not know so much about how it works in cases like this so I’d love to be enlightened.
Actually a downside for such transaction not unless they would use wallet to wallet transactions which would make the fees lower. There are many small businesses who tried to do the same thing which is to accept Bitcoin and other crypto as a mode of payment however, fees and volatility of its price became their problem. Business and asset at the same time is quite of a problem obviously; funds in a business are meant to revolve and sustain the business itself. Right now that fees are higher due to the increase with Bitcoin's market price but more likely it will also be shouldered by the customer.Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?
I think I saw few members saying they are from Bulgaria, don't know what city exactly, but they are not very active in forum these days.And to the general forum users, isn't this a good business idea?
This Bitcoin Bar looks cool and full, but I hope it will remain full even during the next bear run cycle.
I just checked btcmap.org and I saw there are more places that accept Bitcoin payment in Bulgaria, Sofia.
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.
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Now, the most interesting, and one I love so much is the bitcoin art, a bitcoin painting which is designed in such a manner that it has a hidden message which can only be revealed under a UV light, it also comes with a certificate of authenticity and it's sold for 2.5 million bitcoin sats.
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Look the beautiful stuffs people around the would are doing and building with Bitcoin, this bar definitely will be the first place I visit if i ever get the chance of traveling to Bulgaria, and I am actually motivated to build something like this in my area here in Nigeria when I make enough money to finance it.
Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?
This might help bitcoin awareness in Sofia Bulgaria, but my question is do the accept bitcoin, if yes, the they are good to go and it is a welcome development to bitcoin, the thing is that we can't figure out the major reason for the establishment of this bar, whether they are on disguise to know the individuals that are involved in bitcoin, if their mission is defined without any suspicious, for now we can not say rejoice about this recent development because so many things might not be right with this information, it might be a calculated effort to halt bitcoin activity in that area, I have thought about it, if they are not certain about their intention, then I advise people to trade with caution.
Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?
I think I saw few members saying they are from Bulgaria, don't know what city exactly, but they are not very active in forum these days.And to the general forum users, isn't this a good business idea?
This Bitcoin Bar looks cool and full, but I hope it will remain full even during the next bear run cycle.
I just checked btcmap.org and I saw there are more places that accept Bitcoin payment in Bulgaria, Sofia.
This is very amazing to see. Who doesn’t love it when bitcoin gets more adoption (except haters,lol). But anyways, my current curiosity is with the cost of Bitcoin transactions these days, how does the business cope with it? Do customers still pay all that fee just because they want to buy with Bitcoin? I do not know so much about how it works in cases like this so I’d love to be enlightened.
I'm curious about how the tab system works—whether it involves wallet payments or traditional methods. How do you think this payment approach affects the overall user experience and cost?
-snip-
regarding with my country not allowed use bitcoin as payment way we can't make all kinds of transaction payment using bitcoin although with our small scale industry or small coffee shop.
Being in the territory of a country that completely bans Bitcoin transactions or replaces Fiat with Bitcoin, regarding with my country not allowed use bitcoin as payment way we can't make all kinds of transaction payment using bitcoin although with our small scale industry or small coffee shop.
then there is no longer a loophole to make real adoption like this Bar Sofia did.
I am also in a country that does not allow Bitcoin as a substitute for legitimate transactions,
but provides commodity regulation for crypto as a way of supporting the development of crypto.
Rather than being banned completely, regulation as a commodity in my opinion is also fair enough because the implementation of full adoption in crypto will be more risky and not all people are familiar with crypto.
Although I am not alcohol drinking but seems excited with decision did by Bar in Sofia have accepted bitcoin as legal payment transaction, its one kinds of promoting bitcoin and give benefit when using bitcoin as payment way. One way how to make bitcoin more popular by adopting as payment currency and Bar become most public place have thousand transaction will be easy how to make bitcoin acceptable for payment transaction.
Based on Bulgaria not legal bitcoin will have problem later with Bar accepting bitcoin as payment? regarding with my country not allowed use bitcoin as payment way we can't make all kinds of transaction payment using bitcoin although with our small scale industry or small coffee shop.
Based on Bulgaria not legal bitcoin will have problem later with Bar accepting bitcoin as payment? regarding with my country not allowed use bitcoin as payment way we can't make all kinds of transaction payment using bitcoin although with our small scale industry or small coffee shop.
Did they include information on what currencies are accepted for payment?
This is exactly where you need to start any story about the bitcoin-bar or something similar. Bitcoin is first and foremost a currency, and not an object of inspiration for a designer or an interior item.How is the BTC-payment process technically implemented? How long will I have to wait for my beer if the mempool is overloaded during payment and the transaction confirmation is delayed?
To me, this all looks like an attempt to attract visitors to the bar (with a bitcoin theme), but nothing more. Do they accept bank cards and cash as payment? If so, what kind of bitcoin-bar is this?
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..
Going hard at a BTCBitcoin bar in Bulgaria
Winning✌️
Im not into this country but if ever a chance I can go right there I will grab the opportunity to have a party with them most likely seems they are a circle of friends or even a community now supporting and keep using bitcoin and possibly could promoting the use of it too, if there's any chance possible can be a business imagine only rare places using bitcoin with a specific place, in my country most of them related into NFT but holding a bitcoin event like this never seen so far.
And to the general forum users, isn't this a good business idea?
Of course, it is a good business idea because we know that Bitcoin is increasingly popular nowadays and the bar owner providing payment with Bitcoin will be quite attractive to Bitcoin lovers and maybe the bar owner understands that in Sofia there is a fairly large Bitcoin community so it will be able to bring a lot visitors to the bar to use their Bitcoins because there is not much Bitcoin lovers can do when they want to spend their Bitcoins other than having to convert them first to fiat because currently it is still quite limited, but with transaction fees this high, does anyone want to use Bitcoin for transactions? Also, the prediction that Bitcoin will be bullish may reduce the intention of Bitcoin holders to use their coins for transactions. 
Bitcoin will see much more acceptance in various industries and it will grow. This will help the cryptocurrency industry to grow and also users the freedom to spend without any financial institutions in the middle to convert them into fiat.
But people must take care and check before sending money to anybody or scanning a QR Code because nowadays, even being a legitimate business, they can be involved in a money laundering activity or any other illegal activities. So for example, say you deposited to any such place and in the future, in an investigation, you may face harassment by the tax department or some jurisdiction.
Also, you can be prone to data thieves which can turn out to lose more money of yours or any other harassment.
But people must take care and check before sending money to anybody or scanning a QR Code because nowadays, even being a legitimate business, they can be involved in a money laundering activity or any other illegal activities. So for example, say you deposited to any such place and in the future, in an investigation, you may face harassment by the tax department or some jurisdiction.
Also, you can be prone to data thieves which can turn out to lose more money of yours or any other harassment.
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.Anyways it is good for the awareness of Bitcoin and I love what the people in Sofia have been able to achieve.
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.
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. 
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.
Kudos to all of you in Bulgaria.
If I visit Sofia, I will definetely visit the bar and I will pay with LN.
~snip~
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.
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.
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.
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.
I hope it all works out for this bar.
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. 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.
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.
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.
~snip~
Can they even accept btc legally as a payment method in Bulgaria? If so, than at least it wasn’t for nothing completely.
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.
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. 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.
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.
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.
Did they include information on what currencies are accepted for payment?
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.
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.Anyways it is good for the awareness of Bitcoin and I love what the people in Sofia have been able to achieve.
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.
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.
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
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.
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.
Anyways it is good for the awareness of Bitcoin and I love what the people in Sofia have been able to achieve.
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).
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.
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).
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.
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.
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.
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.
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.
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.
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.
Did they include information on what currencies are accepted for payment?
He also embedded a payment video using a DIY ATM Sats machine that will convert Fiat Coins to BTC quickly.
It is remarkable when Bitcoin is allowed for real transactions.
In my country, this kind of payment is illegal and violates payment laws.
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.
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.
Look the beautiful stuffs people around the would are doing and building with Bitcoin, this bar definitely will be the first place I visit if i ever get the chance of traveling to Bulgaria, and I am actually motivated to build something like this in my area here in Nigeria when I make enough money to finance it.
Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?
Great news from Bulgaria. The excitement in the faces of the people in the picture is encouraging. This will help in spreading the news of Bitcoin in that city. Many people see Bitcoin only as an investment but this bar will expose people to the fact that Bitcoin can be used to pay for goods and services. Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?
Before you start such business in Nigeria you should ensure that there are customers who are willing to pay with Bitcoin. Nigeria has a large number of crypto users but these citizens mostly use it as investment and hedge against inflation. Many people don't use Bitcoin as a payment option in most developing nations. I just hope the transaction fees of Bitcoin will reduced soon so that people will be able to use it for payments. But using the lightning Network will also be a good option to make transaction fees affordable.
A few days ago we had a discussion about wearing clothes with the BTC logo and I think most people think it's a bad idea, and all those who think so would probably think twice before entering such a bar.
Yeah that's another thing I don't understand, people wanting to wear tshirts with bitcoin logo (I do have as I got it from my good irl friend, but I am only wearing it around the house)but by far the worse thing is having crypto themed licence plate. No better invite for a $5 wrench attack than that. I was asking if it was solely Bitcoin or fiat payments were also accepted, and if any other crypto was accepted, I didn't see any information on that in the thread.
I doubt that you can open up a business and not accept the official currency, which in Bulgaria is Bulgarian Lev so that must be accepted too. 
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.
Sure I naturally assumed this, it will only make sense for a Bitcoin themed business to accept Bitcoin, lightening network is a plus. I was asking if it was solely Bitcoin or fiat payments were also accepted, and if any other crypto was accepted, I didn't see any information on that in the thread.The concerns about a physical attack on customers are valid, but should not be used to deter businesses which wants to adopt Bitcoin. Indirectly potential customers will read the comments and refrain from patronizing such businesses, but still visit other luxury shops that suggest wealth with no reservations.
I wish they picked a different theme. These people are making themselves a target. I mean it is cool to have some “btc accepted” signs here and there but making the place a crypto bar? Especially when the lawmakers are going hard on crypto, that’s not a good move financially. The police won’t like it too. They’ll keep an extra eye on that place and that’ll spook the visitors. Can they even accept btc legally as a payment method in Bulgaria? If so, than at least it wasn’t for nothing completely.
Look the beautiful stuffs people around the would are doing and building with Bitcoin, this bar definitely will be the first place I visit if i ever get the chance of traveling to Bulgaria, and I am actually motivated to build something like this in my area here in Nigeria when I make enough money to finance it.
The sign looks stunning even as a decorative piece, I am glad the icon of BTC is made that way. And no I am not from Bulgaria, And isn't crypto banned in Nigeria, because a member was sharing his story that he was stopped by the Nigerian police and was brutally forced to send them money even given death threats. (hmm isn't that member was you). But I hope you will one day have enough money to start a restaurant, not a bar because I don't like bars, A restaurant is a better place, and I hope crypto will become legal in your country and in mine too. So we both could contribute to our local communities in terms of guiding them about BTC and blockchain technology.
These type of things do happen here and there in the world, there was a coffee shop somewhere too, and there was another bar at somewhere, I think it was Ireland, so it is not like this is the first one that happened and the "theme" type of places are quite common in the world.
I do not think that it would be all that profitable for the owners, don't get me wrong at the start everyone will want to go visit it at least once, but for a bar to run smoothly, you need some sort of regulars that keep coming in and drinking, and when you just have people who visit once and then leave, that's going to end up being a lot more important. I think that's going to end up being something that will matter a ton more and should be risky business.
I do not think that it would be all that profitable for the owners, don't get me wrong at the start everyone will want to go visit it at least once, but for a bar to run smoothly, you need some sort of regulars that keep coming in and drinking, and when you just have people who visit once and then leave, that's going to end up being a lot more important. I think that's going to end up being something that will matter a ton more and should be risky business.
It must be a good way to promote Bitcoin in Bulgaria to a wider audience who hasn't been in direct contact with Bitcoin yet due to not having the opportunity or the right encouragement to do so. Also, this pub will be a friendly place for Bitcoin enthusiasts to meet each other, to make new friendships and talk about cryptocurrencies. Hopefully it's going to be a success in Bulgaria, although to have a Bitcoin brand isn't enough, neither a guarantee of anything. Tasty food, quality drinks and a nice clean environment are a must and will be the decisive factor for customers when deciding where to have some good time.
Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?
And to the general forum users, isn't this a good business idea?
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.
And they you have the chance to meet different people, know them by faces as we all know that maybe some of their chooses to remain anonymous.
Although it might be a haven for some cyber criminals to target Bitcoin enthusiast and committed what we call a 5 dollar wrench attack. So everyone should be very very careful as the statistics are growing with that kind of crimes, just saying.
This adds up another hype for bitcoin in that place since they would provably get curious to know about what bitcoin really is. Also this will add up more sales to the owner since provably all of bitcoin user in that country will try to visit on his business and join the hype of people who's been amazed on the concept of the first bitcoin bar in Bulgaria.
For that settings you can possibly meet a lot of bitcoin users and who knows by hanging out with people there people will get to know a bitcoin investor or businessman will get an interest to work with them or hired to since this could possibly add some spice on their career.
But also I'm concern about the security so hopefully they can make sure that this place is safe since as we know bitcoin is money and criminals have a hot eye on what they think beneficial to them.
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.
Well, I am paranoid? Maybe.
But I want to make myself safe from others assumption because attacks are happening everywhere and the known wrench attacks.
I will not join it too. Those places and events are for people who love parties and want to be famous. I am not that kind of person and I know about risk of being attacked physically.Well, I am paranoid? Maybe.
But I want to make myself safe from others assumption because attacks are happening everywhere and the known wrench attacks.
Known Physical Bitcoin Attacks.
They love what they are doing and they actually make contributions for Bitcoin adoption. We can not stop them and if anything we can do, just a reminder for them about risk of physical Bitcoin attacks. Then we have to let they do what they want. Bitcoin bless them.
But even with that, I'll not go there.
And about the concept, we're not discrediting them but we just wanna choose what we think is safe for us.
I'm not sure if this is fine, but compared to the one discussion about wearing a Bitcoin shirt in public, everyone might think twice before they go in this kind of place. Wearing a t-shirt with the Bitcoin logo can attract attention from some people who know about it and thinking you have much money as you hold Bitcoin. What more if it's like this, a bar, all about alcohol. This kind of business does not attract only the few people who are curious about Bitcoin, but also those people who are interested in the Bitcoin you are holding.
Partying all night and drinking alcohol, the risk is too high. Anyone who goes in this kind of place will only be putting their life in danger. It seems like you're asking for the bad guys to be their victims.
Why think about the negative part, yes there could be a risk but I'm sure the facility is safe of course the building or the bar cannot operate thy don't comply to business rules and customers security is one of them, but out side yes its a different story, but the thing is if you are a responsible owner or holder of a bitcoin or have a huge amount of bitcoin holdings of course you will not be a target if you will not give an information, the most effective way to keep out of the radar is keep lowkey, doesn't mean you attend to a bar dedicated to bitcoin means you have a bitcoin holdings or enough to be a targer by those malicious intent, anyway be happy because this kind of entertainment is being build it will help to spread bitcoin even more, more establishement being build dedicated or themed by bitcoin could help to even more bitcoin investors. Partying all night and drinking alcohol, the risk is too high. Anyone who goes in this kind of place will only be putting their life in danger. It seems like you're asking for the bad guys to be their victims.
I'm not sure if this is fine, but compared to the one discussion about wearing a Bitcoin shirt in public, everyone might think twice before they go in this kind of place. Wearing a t-shirt with the Bitcoin logo can attract attention from some people who know about it and thinking you have much money as you hold Bitcoin. What more if it's like this, a bar, all about alcohol. This kind of business does not attract only the few people who are curious about Bitcoin, but also those people who are interested in the Bitcoin you are holding.
Partying all night and drinking alcohol, the risk is too high. Anyone who goes in this kind of place will only be putting their life in danger. It seems like you're asking for the bad guys to be their victims.
Partying all night and drinking alcohol, the risk is too high. Anyone who goes in this kind of place will only be putting their life in danger. It seems like you're asking for the bad guys to be their victims.
OP, I understand that you want to share your excitement with everyone else, but was it really necessary to put up so many pictures - and if you can't do without it, you could at least reduce them a bit so that all those browsing the forum with slow connections or on smartphones don't have to wait for your post to load...
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. A few days ago we had a discussion about wearing clothes with the BTC logo and I think most people think it's a bad idea, and all those who think so would probably think twice before entering such a bar.
Something similar, only in the UK -> Satoshi’s Place, U.K. Bury, Greater Manchester
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. A few days ago we had a discussion about wearing clothes with the BTC logo and I think most people think it's a bad idea, and all those who think so would probably think twice before entering such a bar.
Something similar, only in the UK -> Satoshi’s Place, U.K. Bury, Greater Manchester
If I'm not mistaken, this is not the first time what we hear a Bitcoin bar, I think we might heard similar bars around Europe already. The good thing about this kind of setup is that it can be a good place to held meetings and maybe we can follow it up from here, in our community as to who's who in Bulgaria as far as crypto and bitcoin goes.
But as others have said, just be careful of those criminals and just look back when you are about to go out and get into your car as someone might follow you at home and physically attack you.
But as others have said, just be careful of those criminals and just look back when you are about to go out and get into your car as someone might follow you at home and physically attack you.
I think this is a unique thing and I see the people in the picture really like Bitcoin, this is a good topic, and in this forum I think it's rare for people to make topics like this.
in a bar there is a view of bitcoin, in my opinion it is a beautiful view and at the same time it will remind of the fluctuating price of btc. and always provides benefits for those who invest in it, and is always detrimental for people who are not wise and have no knowledge in investing in BTC.
I think it's a great idea to have a bitcoin view in a bar like in Bulgaria, and perhaps having a btc scene in a bar will make bitcoin better known throughout the world.
But of course building a bar with a view of BTC become has its positive and negative sides, and it is feared that there are bad people monitoring the place because they think that the bar's visitors have a lot of Bitcoin. But the positive side is that many people who were not familiar with BTC can to know about Bitcoin after visiting the bar.
in a bar there is a view of bitcoin, in my opinion it is a beautiful view and at the same time it will remind of the fluctuating price of btc. and always provides benefits for those who invest in it, and is always detrimental for people who are not wise and have no knowledge in investing in BTC.
I think it's a great idea to have a bitcoin view in a bar like in Bulgaria, and perhaps having a btc scene in a bar will make bitcoin better known throughout the world.
But of course building a bar with a view of BTC become has its positive and negative sides, and it is feared that there are bad people monitoring the place because they think that the bar's visitors have a lot of Bitcoin. But the positive side is that many people who were not familiar with BTC can to know about Bitcoin after visiting the bar.
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.
Well, I am paranoid? Maybe.
But I want to make myself safe from others assumption because attacks are happening everywhere and the known wrench attacks.
I will not join it too. Those places and events are for people who love parties and want to be famous. I am not that kind of person and I know about risk of being attacked physically.Well, I am paranoid? Maybe.
But I want to make myself safe from others assumption because attacks are happening everywhere and the known wrench attacks.
Known Physical Bitcoin Attacks.
They love what they are doing and they actually make contributions for Bitcoin adoption. We can not stop them and if anything we can do, just a reminder for them about risk of physical Bitcoin attacks. Then we have to let they do what they want. Bitcoin bless them.
Woohoo, it's kinda cool, very cool to see business accept bitcoin. I agree of the opinion that accepting Bitcoin payment in open business place and public service brings recognition for bitcoin. Some customers will have the perception to buy Bitcoin because they see that the Bar uses it. to sum up, it will be nice if this bar also decides to pay their workers in Bitcoin.
This type of business actually looks great for bitcoin. Not only it will boost the interest of people to try out Bitcoin, but it will also make more people motivated to get knowing bitcoin. The bar looks classy and the theme itself looks very promising that every customer that gets in will be attracted to the bitcoin representation. I have also my dream building bar with bitcoin, but I think it will be hard to realized because our country itself does not support Bitcoin.
Kudos to another bitcoin achievement. This will not be the first and last, but surely there will be more bars like this that will pay tribute to bitcoin. Rooting for that.
Kudos to another bitcoin achievement. This will not be the first and last, but surely there will be more bars like this that will pay tribute to bitcoin. Rooting for that.
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. And those people that have got an idea on what these Bitcoins are for and what these are up to, sure gonna give them the thought of things that they shouldn't do.
Wish to be there and get a bitcoin drink, pay for it with my crypto wallet and have fun with bitcoin lovers, it’s a good thing to see people enjoy, help, share and benefit of the Bitcoin idea. What I have been thinking before maybe weird and unrealistic but, let’s imagine throwing a huge party for Bitcoin lovers then Invite the real Satoshi but without knowing him. Just the idea that he might be anyone beside us inside the party.
Anyways, just me and my crazy thoughts. What matters here I think is only promotion for the bar and ability to pay with crypto is nice. Probably, more closer magazines and stores will start using Bitcoin as well.
Anyways, just me and my crazy thoughts. What matters here I think is only promotion for the bar and ability to pay with crypto is nice. Probably, more closer magazines and stores will start using Bitcoin as well.
It's always great seeing Bitcoin themed businesses.
This looks really great and well designed; it makes a great way to promote Bitcoin to the general public and get whoever steps into the bar curious about what it is.
Did they include information on what currencies are accepted for payment?
This looks really great and well designed; it makes a great way to promote Bitcoin to the general public and get whoever steps into the bar curious about what it is.
Did they include information on what currencies are accepted for payment?
I love businesses support and are built around bitcoin. There are the real MVPs because history will surely be kind to them.
However, one of the security concerns I have is when they install a bitcoin ATM. In the past there have cases of bitcoin ATM thefts.
I like the designs and the colour blends in the bar.
Building something like this in Nigeria will be a hassle but can be done. But there is concern about harassment that people who go there will face from law enforcement agencies those guys are adverts to bitcoin.
It's good to see something like this in this high and few-transactions-period. As a result of the congested memo pool, people will at least see that the hope is alive and the fees do not change the fact that bitcoin-lovers still exist.
One thing that gives me the most joy in this bitcoin bar is the fact that the owners know what we are currently passing through right now and have made everything available for people to be able to pay through the lightning network, in other not to suffer the networkdelay and the high fee. So no excuse and people who attended the opening party are all happy, at least if I'm not their.
I can tell from the picture presented on X (formally known as Twitter), and I hope to see many of such in the near future in places where the government is friendly with bitcoin.
One thing that gives me the most joy in this bitcoin bar is the fact that the owners know what we are currently passing through right now and have made everything available for people to be able to pay through the lightning network, in other not to suffer the networkdelay and the high fee. So no excuse and people who attended the opening party are all happy, at least if I'm not their.
I can tell from the picture presented on X (formally known as Twitter), and I hope to see many of such in the near future in places where the government is friendly with bitcoin.
Did they include information on what currencies are accepted for payment?
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.
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.
Well, I am paranoid? Maybe.
But I want to make myself safe from others assumption because attacks are happening everywhere and the known wrench attacks.
Well, I am paranoid? Maybe.
But I want to make myself safe from others assumption because attacks are happening everywhere and the known wrench attacks.
It's always great seeing Bitcoin themed businesses.
This looks really great and well designed; it makes a great way to promote Bitcoin to the general public and get whoever steps into the bar curious about what it is.
Did they include information on what currencies are accepted for payment?
This looks really great and well designed; it makes a great way to promote Bitcoin to the general public and get whoever steps into the bar curious about what it is.
Did they include information on what currencies are accepted for payment?
Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?
And to the general forum users, isn't this a good business idea?
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.
And they you have the chance to meet different people, know them by faces as we all know that maybe some of their chooses to remain anonymous.
Although it might be a haven for some cyber criminals to target Bitcoin enthusiast and committed what we call a 5 dollar wrench attack. So everyone should be very very careful as the statistics are growing with that kind of crimes, just saying.
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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.
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Now, the most interesting, and one I love so much is the bitcoin art, a bitcoin painting which is designed in such a manner that it has a hidden message which can only be revealed under a UV light, it also comes with a certificate of authenticity and it's sold for 2.5 million bitcoin sats.
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Look the beautiful stuffs people around the would are doing and building with Bitcoin, this bar definitely will be the first place I visit if i ever get the chance of traveling to Bulgaria, and I am actually motivated to build something like this in my area here in Nigeria when I make enough money to finance it.
Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?
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