The Kreuzberg Area of Berlin Has the Highest Density of Bitcoin Accepting Businesses in the World

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The Kreuzberg Area of Berlin Has the Highest Density of Bitcoin Accepting Businesses in the World
The Kreuzberg Area of Berlin Has the Highest Density of Bitcoin Accepting Businesses in the World

The Kreuzberg Area of Berlin Has the Highest Density of Bitcoin Accepting Businesses in the World

The Kreuzberg area of Berlin has the highest density of businesses that accept Bitcoin in exchange for their services and products. Reportedly, the merchants and customers, both are happy about the virtual currency in the day to day transactions. The place made news when its own Joerg Platzer owned bar ‘Room 77’ became an overnight hit among Bitcoin lovers.

Joerg Platzer in fact has inscribed, “I believe in honest money — gold, silver and Bitcoin” in his bar. His love for Bitcoin is visible from his act and some media outlets even warned potential customers and asked to carry Bitcoin to respect Platzer’s love for the crypto-currency. It is one of the more than twenty five local businesses that accept Bitcoin.

Thus, with the large number of local businesses accepting the virtual currency for everyday payments, Kreuzberg is definitely the most happening place for Bitcoin. A visitor can see stickers with Bitcoin symbols in several of these shops that shows that the city has developed penchant for the virtual currency which is gripping some other areas around the world too.

For instance, in Room 77, customers are appreciated to pay in Bitcoin wherein they just need to use their Android phones to scan a code that the attendant pulls up on a tablet PC; it does not take more than a few seconds to process the entire transaction. According to the owner, “Bitcoin, as a free and decentralized currency, is a beautiful idea.”

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Mr. Platzer also confesses that thanks to Bitcoin, his bar has received wide popularity and a huge customer base who wish to pay in Bitcoin. He counts that on average one to five customers per day come to pay in Bitcoin. According to Mr. Platzer, there is a huge scope for Bitcoin Tourism in the area as the currency becomes popular.

Several news reports and articles have even started mentioning Berlin, the “Bitcoin capital of the world.” The aptronym the city has received is not without a reason as a large number of new outlets are accepting Bitcoin in exchange for services or goods. For instance, Floor’s Cafe, a small and cozy coffee shop in Kreuzberg accepts Bitcoin.

The founder of ‘Floor’s Café,’ Florentina Martens, a native of the Netherlands admits that within a month she decided to accept Bitcoin as she felt that the currency just fits the lifestyle in the city as it symbolizes progressive, modern and often anti-establishment feelings.

To contact the reporter of this story: Jonathan Millet at john@forexminute.com