Business Shop 

This Coffee Shop in Davao Now Accepts Bitcoin

Gino , , , 0 min read
Share some Bitpinas love:

With the rise of popularity in cryptocurrencies, this coffee shop in Davao now accepts bitcoin for payment. The shop is just one of the few but growing establishments in the Philippines that accept bitcoin.

In Accepting Bitcoin

Blugre Coffee’s Matina Town Square Branch is its pioneer branch that accepts bitcoin. Mr. Benjamin M. Cuaresma Jr. plans to accept bitcoin in all Blugre Coffee branches in Davao.

“Maganda yung development ng cryptocurrency or bitcoins ngayon. It has also been doing well in our Blugre Coffee,” – Mr. Benjamin M. Cuaresma Jr., Owner, Blugre Coffee

Mr. Cuaresma also stated that aside from Blugre Coffee, there are also other stores that accept the digital currency. These include Casa Katreena Inn and MTS.

Blugre Coffee

Mr. Benjamin M. Cuaresma Jr. is a cryptocurrency enthusiast who also holds free seminars about virtual currencies. He also plans to install a Bitcoin ATM in Davao where users will be able to buy and sell bitcoins.

Blugre Coffee is established in 1988 and has branches also in Manila and BGC.

Davao is the site of the recently concluded Asia Blockchain Expo.

Source: Sunstar

Share some Bitpinas love:

What do you think of this article?

Let us know in the comments below.

3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
trackback

… [Trackback]

[…] There you will find 61659 more Info on that Topic: bitpinas.com/business/blugre-coffee-bitcoin-davao/ […]

0
trackback

… [Trackback]

[…] Find More to that Topic: bitpinas.com/business/blugre-coffee-bitcoin-davao/ […]

0
trackback

… [Trackback]

[…] Read More on to that Topic: bitpinas.com/business/blugre-coffee-bitcoin-davao/ […]

0

Gino
See all 384 posts

    Spreading the word about blockchain and cryptocurrencies.

    Related Articles

    Counterweight: The Case for Bitcoin as a Central Bank Reserve Asset by Atty. Rafael Padilla

    Counterweight: The Case for Bitcoin as Central Bank Reserve Asset by Atty. Rafael Padilla

    Atty. Rafael Padilla 12

    Rafael proposes that bitcoin, a new asset class, should be considered as a strategic reserve asset that can function as systemic hedge that will help maintain financial stability amid the economic havoc that is COVID-19 Pandemic, and to insulate the domestic financial system from the vulnerabilities of the current U.S. dollar-centric international monetary system.

    The Dallas Mavericks Will Accept Bitcoin

    BitPinas 5

    This will make the Dallas Mavericks only the second team in the NBA to accept Bitcoin as a method of payment. The option is made possible by BitPay.

    Student Pays Meal with Maya, Wins 1M worth of Bitcoin

    Shiela Bertillo

    Maya said it is excited to be the first fintech to offer bitcoin as a reward and form of cashback.

    Bitcoin Futures Contract 101 | Bitcoin Philippines Guide

    Evan Anthony Ezquer 9

    A futures contract is a legal agreement to buy or sell an asset (or a representation of an asset) at a predetermined price at a specified date in the future, between different parties. In this case, the underlying asset is a cryptocurrency.

    daily-bits-10-20-2017

    The Daily Bits PH – Bitcoin and Cryptocurrency News (10/20/2017)

    Michael Mislos

    Do you wonder where millionaires store their bitcoins? Do you know many Filipinos participated in a recently completed ICO? Check out The Daily Bits today!

    AMD Refuses to Limit Cryptocurrency Mining (March 20, 2021)

    Michael Mislos 12

    And for those saying that the GPU scarcity will be over once Ethereum switches to proof-of-stake, the reality is that it’s possible for the miners to just switch to other proof-of-work coins that are in demand.