Louisville’s first ‘crypto cafe’ will take Dogecoin in exchange for coffee

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Is cryptocurrency the way of the future? This remains to be determined, but that doesn’t mean that there aren’t companies that are taking advantage of the popular digital currency. Like many businesses, 78 Coffee Co. is in the process of rebranding. The cafe, located in the Phoenix Hill neighborhood, will now be called Dogebean, which is a game of Dogecoin. “Our plans are to open a cafe where you can pay for a cup of coffee using your Dogecoin and part of our mission is to make cryptocurrency easy for everyone,” said Andrew Lutes, co-founder from Dogebean. According to Yahoo Finance, about 14% of Americans own some form of cryptocurrency. It’s not a lot, but Lutes says it’s a niche market that serves them well so far. “We don’t are not going to put everything we have in cryptocurrency because at the moment it is still very early. But we’ve been a believer in this thing for a long time, ”said Lutes. Cryptocurrency has gained momentum over the past year. Dogecoin’s stock in particular rose after billionaire Elon Musk started talking about it. Bitcoin, which is its very popular predecessor, has been around for over a decade, while Dogecoin was created in 2013. “You know, you see Dogecoin having the same type of name recognition across the world just like you do. would see it with Bitcoin. So that’s really cool to see and we’re starting to see a lot of companies accepting Dogecoin and other cryptocurrencies, “Lutes said. orders online right now, and Lutes says 25 % of his sales are in cryptocurrency, but he really thinks that number will increase as more people buy crypto and get to grips with looking for more than one location. call that if there is anyone who has something they would like to introduce to us, we would be more than happy to hear it, “Lutes said. No date has been set yet when this cafe will open .

LOUISVILLE, Ky. –

Is cryptocurrency the way of the future? This remains to be determined, but that doesn’t mean that there aren’t companies that are taking advantage of the popular digital currency.

Like many businesses, 78 Coffee Co. is in the process of rebranding. The cafe, located in the Phoenix Hill neighborhood, will now be known as Dogebean, which is a play on Dogecoin.

“Our plans are to open a cafe where you can pay for a cup of coffee with your Dogecoin and part of our mission is to make cryptocurrency easy for everyone,” said Andrew Lutes, co-founder of Dogebean.

According to Yahoo Finance, about 14% of Americans own some form of cryptocurrency. It’s not a lot, but Lutes says it’s a niche market that has served them well so far.

“We’re not going to put everything we have in cryptocurrency because at the moment it’s still very early. But we believe in this thing for the long term,” Lutes said.

Cryptocurrency has gained momentum over the past year. Dogecoin’s stock in particular rose after billionaire Elon Musk started talking about it.

Bitcoin, which is its very popular predecessor, has been around for over a decade, while Dogecoin was created in 2013.

“You know, you see Dogecoin having the same type of name recognition across the world, just like you would see with Bitcoin. So that’s really cool to see and we’re starting to see a lot of companies accepting Dogecoin and d ‘other cryptocurrencies,’ Lutes said.

The cafe currently only takes orders online, and Lutes claims 25% of its sales are in cryptocurrency, but he truly believes that number will increase as more people buy crypto and learn more about it. with this one.

“We have projects going on and we are looking for more than one location. So we want to appeal to that if there is someone who has something that they would like to introduce us to, we would be more than happy to. hear it, ”Lutes said.

No date has yet been set for the opening of this café.

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