Meet the restaurant where you can pay for your meal with crypto – and learn a bit about it at the same time…

by Manoj Sharma for CNR

A local restaurant in Kenya has recently started accepting cryptocurrencies payment from customers. And on top of that, the restaurant owner is also offering tutorial lessons on how to use digital assets.

According to a BBC report, Beatrice Wambugu, the owner of Betty’s Place in Kenya, is allowing customers to pay using Bitcoin and other virtual currencies. Located in Nyeri, a rural town nearby to Nairobi, Kenya’s capital, the restaurant is famous for its barbecue mutton dish, ‘Nyama Choma’.

Wambugu shared his thoughts on the acceptance of virtual currencies and said that “since the world is becoming more global, my place is also becoming a global restaurant. I attract different customers from different parts of the world, whichever coin they have. As long as it’s a viable coin, we accept it”.

Apart from running the business, Wambugu also teaches the customers about how to use the digital currencies.

He comments on the matter that “I’ve set aside one day where I can teach my customers. Whoever asks about crypto-currencies: ‘How does it work? What is Bitcoin?’ I train them. At my place, it’s ‘nyama choma’ and ‘nyama Bitcoin.’”

In terms of business, Betty’s Place appears to be booming. In less than a year, the restaurant has significantly expanded as the business has also acquired a nearby two-story hotel. The place has now become the location for the restaurant.

In rural areas in Southeast Asia and Africa, virtual currencies offer a means of making payments to people with limited access to financial services. As telecommunications begun to get more effective in a remote area, cryptocurrencies become substitutes for banks, allowing residents to engage in trade and commerce.

Image: Bigstock