During the crypto revolution, entrepreneurial endeavors are growing rapidly. A cafe was opened in Medelln, Colombia, only 15 days ago. The idea behind MIND Café is at the nexus of traditional bar service delivery and the cryptocurrency world. Such a project aids in the democratization of cryptocurrencies in this way.
Provided services
MIND Café was founded by Daniel Aguilar. He describes himself as a cryptocurrency analyst and investor. Its goal is to provide the best atmosphere possible for bringing together qualified enthusiasts and blockchain start-ups.
The location is distinctive since it is topped with an illuminated Bitcoin sign that stares out over a well-traveled Medelln thoroughfare. The bar is obvious in one of Medelln’s busiest areas. There is a device inside that can change fiat money into bitcoin (BTC) or the other way around.
In addition to the standard services, such as meals and drinks, a number of related products are also provided, ranging from a pair of shoes to t-shirts and hoodies.
Payment method
There are various payment options available at the time of purchase. Cash, bitcoin, USDT, stablecoins tied to the dollar, or other cryptocurrencies may be used as payment. Even though the decentralized Lightning network, which has the benefit of enabling instant transaction verification, is unavailable, it is still possible to make payments using the cryptocurrency Strike program.
As a result, South America seems to be embracing bitcoin more and more. Initiatives are being developed in Colombia as well, after El Salvador’s constitutionalization of bitcoin (BTC). One of the Latin American nations that has embraced bitcoin the most is Colombia. The nation appears to keep coming up with new ideas so that it can establish itself as a cryptography reference. Given the regulatory Damocles sword, only time will tell how far adoption will advance.
