There's a bar in the country that accepts Bitcoin as a payment method.

It is understood that Beijing Bar Cafe Bar 2nd place has become the first in the country to accept bitcoin payment bar.

Café Bar 2nd place is located near the five crossing of Beijing, operated by a Japanese company and opened in 2011. The bar, which is close to many universities and a large number of foreigners, has benefited the bar.

In April this year, some Bitcoin enthusiasts gathered at the bar, and one of the American customers, Smith, offered to pay in Bitcoin, and the Japanese boss, Rin, embraced it, saying, "I'm doing this to attract new customers, and it's easy to do my own research." But Rin did not know Bitcoin, he just recorded the value of the Bitcoin received and then exchanged it with Smith for the renminbi. After all, the renminbi is more useful in China, but Rin also believes that Bitcoin is undoubtedly a trendy gadget for China's traditional currency and will certainly attract a lot of patronage. Smith also persuaded several other merchants in Beijing to use the currency, and thus entered a bitfund.pe job with a Bitcoin-backed private-equity fund company.

Bitcoin is a kind of emerging virtual currency, which can be exchanged into most countries ' currencies, which has been welcomed by domestic and foreign people more and more in recent years. When it first appeared, $1 was able to buy an average of 1309.03 bitcoins, but now the value of 1 Bitcoin is equivalent to $152. In China, the use of Bitcoin is also increasingly frequent, in charitable donations, Taobao transactions are used.