Coupa Cafe in Palo Alto Now Accepting Bitcoin

“Cash, credit, or Bitcoin? A Palo Alto cafe is adopting a new payment method.

Within the past several weeks, Coupa Cafe in Palo Alto became one of the only brick-and-mortar businesses in the Bay Area — and in the world — to start accepting Bitcoin, an online, unregulated open-source currency.

Let’s say you want to buy a medium latte: you’ll see the price in dollars, around $3 or $4, and the price in Bitcoin, .048 BC, which might not seem like a lot, but consider that one Bitcoin is currently trading at roughly $90.

That Bitcoin amount can change on a daily basis as the currency rate fluctuates.

The transaction takes as much time as a credit card.”

Here is a link to the article: http://www.nbcbayarea.com/news/local/Coupa-Cafe-in-Palo-Alto-Now-Accepting-Bitcoin-216475161.html

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