Now that the COVID-19 situation is reducing all over the world, the companies and industries from around the world are coming back up. Amid the COVID-19 chaos, the sector that has taken a plunge is the nightclub sector.
During the pandemic, the basic protection against the coronavirus was social distancing, which resulted in the nightclubs getting completely shut down. Throughout the pandemic, the nightclub remained closed, which makes up for over a year now.
However, as the situation is now starting to get better, the nightclubs are now coming back to life. But the nightclubs are re-launching themselves equipped with advanced technology and newer ways of getting paid.
One of the nightclubs from Miami (Florida) has proved just that as it has announced it will accept Bitcoin (BTC) for the services at the club.
The Miami nightclub has announced it is one of the ways for the club to recover from the losses it has incurred over a period of an entire year.
Apart from Bitcoin (BTC), the Miami nightclub is also open to accepting other kinds of cryptocurrencies at the premises.
The name of the particular nightclub is E11EVEN Miami, which is a luxury nightclub. The E11EVEN Miami nightclub made the announcement of accepting cryptocurrencies on Tuesday, April 13, 2021.
In the announcement, E11EVEN Miami confirmed that it is planning to allow guests to pay through cryptocurrencies. At the nightclub, the guests will be able to pay for merchandise, drinks, tables, and many more services using cryptocurrencies.
The nightclub has confirmed that once launched, the guests will be able to pay for services in Dogecoin (DOGE), Ripple (XRP), Bitcoin Cash (BCH), and Bitcoin (BTC).
The executives at the nightclub have confirmed they underwent a partnership with one of the prominent cryptocurrency payment service providers. The executives are yet to confirm the service provider they have partnered with to enable E11EVEN Miami to accept crypto payments.
In the past couple of years, the cryptocurrency industry has gained enormous adoption and growth in the mainstream sector. However, things were somewhat slow in the United States due to the strictness imposed by Donald Trump’s administration. Due to the excruciating conditions and strictness from the US administration, the majority of the crypto firms started moving out of the United States.
However, Joe Biden’s administration has turned out to be flexible and supportive towards the crypto-firms in the country. Then there is the mayor of Miami, Francis Sanchez, who seems to be supporting cryptocurrencies.
According to Sanchez, Miami will prove to be the first-ever hub for cryptocurrencies in Florida as well as the United States.
The recent developments in the US-cryptocurrency sector have led to the mass adoption of cryptocurrencies. This is the reason why many sectors from the country are now enabling their customers to use cryptocurrencies as means of payment.