After SpaceX announced that it was accepting Dogecoin as a form of payment, a clothing store on Brooklyn’s colorful Flatbush Avenue also took the plunge into the deep, cold waters of the Doges.
Bricks and mortar are another building block in the crypto adoption wall
The introduction of crypto has been widely and thoroughly discussed in the media and on social networks both as an investment vehicle and as a payment method. Large and small companies have declared their willingness to accept this or that cryptocurrency in return for their services or products; some companies have even reversed such decisions.
While Bitcoin has attracted the most attention in the adoption debate, there’s a serious Dogecoin not far behind. In Cryptwerks Dogecoin directory There are “over 1300 places, stores, and services that accept Dogecoin,” although only a handful are physical stores. Bitcoin Cash has a lot Locations around the world wherever it is accepted, including many stationary locations.
Yet even among the most enthusiastic proponents of cryptocurrencies, the experience of strolling down the street, entering a shop or coffee shop and paying with crypto remains largely unfulfilled as an everyday occurrence.
Step into Ragga Muffin on Flatbush Avenue in Brooklyn, New York, which recently started accepting Dogecoins. The clothing and shoe store, which has been open since 1992, has decided to accept the trendy crypto, “because young people are all about Dogecoin,” says the shop owner, who only wanted to be identified by his first name, Dan.
Many of our young customers are passionate about cryptocurrencies in general, and Dogecoin in particular, so I wanted to be the first store in Flatbush to accept Doge to get more customers.
Dan himself owns Dogecoin and Ethereum. His investment philosophy is incompatible with the prevailing Hodl gospel. He is a hands-on trader who follows the dips and tips to make quick profits. As evidence of this, his aspirations for Dogecoin were not $ 1 but $ 0.35.
Dan was reluctant to disclose the sales numbers generated from his recent business operations, but seemed very pleased with his decision to accept crypto in his business.
Lots of people come in when they see the sign, it creates hype. Some ask if we also accept Bitcoin. I say no – buy Doge and come back!
Dan didn’t give a specific answer as to why he doesn’t accept Bitcoin either.
Dan had only good words about the Doge Father himself:
Elon Musk has done the Doge community a great service. Who knew about Doge before him? Certainly not me. I hope he will keep promoting it. I’m waiting for him to say that with Doge you can buy a Tesla that is sure to send Doge to the moon!
What would you like to be able to buy with cryptocurrency? Let us know in the comment section below.
Photo credits: Shutterstock, Pixabay, Wiki Commons
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