A fellow alumni of was in the news recently because he has started accepting cryptocurrency at his business, The Prelude Breakfast Bar, in Fayetteville, AR.
They recently got a little love from the local news, as they are the first of their kind in the Fayetteville area!
Here's a bit of that article:
A cryptocurrency, such as Bitcoin, is an online currency that people can purchase and sell on the Internet.
Ben Parker, a co-owner of the Prelude Breakfast Bar, said he saw a boom in the currency back in December and started to look into it.
He eventually landed on accepting the cryptocurrency Stellar Lumens due to its fast transaction time and stability.
The restaurant implemented the change on Tuesday (Jan. 30) and since then Parker said they have had a large amount of phone calls.
Parker never imagined that the announcement would generate so much curiosity from the public.
All customers have to do if they want to pay for their meal with Stellar Lumens is scan a QR Code at the restaurant to get the process started.
“But then the guests have to fill in the amount that they are going to put in and the check number and various ways for us to track it, which is a little overwhelming for most people," Parker said. "We’re working with a couple of developers to try and create an app that will make it all streamlined. All you do is take a picture and it sends everything for you.”
Brad Cardwell, a Prelude customer, said he was excited to see a local business accept cryptocurrency.
“I think it’s great," Cardwell said. "I mean anytime… I did some research into some cryptocurrency and it seems legit so if a restaurant wants to accept that then I think it’s within that business owner’s right to do so.”
Cardwell said he could see himself making a purchase with the online currency sometime in the future.
Read the full article and see the video here:http://5newsonline.com/2018/01/31/fayetteville-restaurant-now-accepting-cryptocurrency/
They even added some info about using Lumens for beginners to the menu of their website:
So if you find yourself near the Fayetteville area with Lumens in your wallet, make a point to stop and have a bite for a great start to your day! and I don't live far from there, and we even have friends in the area, so we'll likely make a point to stop by with some crypto to pay for breakfast!
You can find their website here: https://www.preludebreakfast.com/
And their facebook page here: https://www.facebook.com/PreludeBreakfastBar/