First Bitcoin Bar in Sofia, Bulgaria looks Interesting

[Kakmakr]

I am very glad to see this, but they have to do something that will encourage people to come to this Bar. We arranged with one of our local Pub owners to accept Bitcoin, but only if we have our weekly Bitcoin meetups at his establishment. So in doing this, he knows that people will support this initiative and he can keep on accepting Bitcoin.

We had a local Tyre fitment centre accepting Bitcoin and he stopped doing it, because people did not support it. Let's support businesses that accept Bitcoin as a payment option... or they will not support us. 

[Latviand]

Criminal rate in this bar *stonks.

I imagine what if there's an innocent who doesn't even have Bitcoin going to this bar and he become a target of $5 wrench attack, the criminal will not believe if this guy is really don't have any Bitcoin lol. The criminal might kill him since they think he's lying in order to protect his coins, so it's really dangerous to any person.

This is my first thought but if you think about it, investment bankers frequent on bars too and the workers know they have the money so I don't think that it's going to be that bad for these bar to operate with a bitcoin theme plus, there's going to be an increased police presence in that area anyway so maybe me and you are just the half glass empty kind of guys. Now that I think about it, this could be a good place for meet ups or for developers to find potential business partnership or other business stuff.

[kryptqnick]

I love that there are so many pictures available, and the bar itself looks decent. It's nice that they're promoting Bitcoin specifically and not a centralized crypto-related business. I like the UV light secret message thing as well, although it's more like merch, and people don't come to a bar with the primary goal of buying merch. What's more important is the drinks, the atmosphere, the music, the workers and all that stuff that makes people visit or avoid visiting the place. Oh, and can people pay in Bitcoin there?
I hope it all works out for this bar.

[Z-tight]

This looks very beautiful and appealing, but my question: Is it that the bar is a Bitcoin themed bar or that the bar accept Bitcoin payment?

They accept BTC payment, either through the main chain or the Layer 2 lightning network solution, it is a BTC bar, so it is only normal that they accept BTC, if not what makes it a BTC bar.

To the people who think this is both bad for privacy and security, i still disagree, a criminal wouldn't follow you home for a $5 wrench attack if they are not sure you own a lot of BTC's and if you keep your mouth shut and don't go bragging in that bar, how would one know that you're rich in BTC. Take note that this bar also accepts fiat currency, so it's possible an attacker wouldn't even be sure what payment method you used.

[Lucius]

~snip~
To the people who think this is both bad for privacy and security, i still disagree, a criminal wouldn't follow you home for a $5 wrench attack if they are not sure you own a lot of BTC's and if you keep your mouth shut and don't go bragging in that bar, how would one know that you're rich in BTC. Take note that this bar also accepts fiat currency, so it's possible an attacker wouldn't even be sure what payment method you used.

This is your opinion and I respect it, everyone can have their own view of a situation in different ways. However, as I have already written, it is about the bar and what people do there - so although some will drink coffee or tea and go on their way, there are also those who will behave irresponsibly and say something they shouldn't - and those who seek opportunity to do something bad are always nearby and listening.

Nowadays, thieves are very resourceful and can use various methods to collect information, you don't necessarily have to say something in a bar, maybe you wrote something online, and it's very easy to take a picture of someone and search the internet for information.

[apogio]

I am very happy that Bitcoin becomes more widespread in the Balkans.
Kudos to all of you in Bulgaria.
If I visit Sofia, I will definetely visit the bar and I will pay with LN.

[shield132]

There was a Cafe like that in my country, a crypto cafe in the capital, in a good location but owner was unable to make that Cafe work despite the fact that he tried his best for one year to make it alive and wasn't in profit, didn't manage to attract people. One or two person would come once in a while and that was all. He had a bitcoin ATM, even a friend of mine had bitcoin ATM in a very prestigious area but there was no interest. Bitcoin is still a new thing for many people.

I'm not from Bulgaria, but definitely, this kind of business is good for Bitcoin. Maybe they can held monthly or even weekly meeting there and talk about what else their favorite subject, BTC.

It's very hard to held monthly or weekly meetings if there aren't many people interested in crypto in your country and area. It's very hard to make crypto Cafe work but I only wish all the best to the owner, hope this will be the start of something great.

[Victorik]

This looks very beautiful and appealing, but my question: Is it that the bar is a Bitcoin themed bar or that the bar accept Bitcoin payment?

Anyways it is good for the awareness of Bitcoin and I love what the people in Sofia have been able to achieve.

According to the tweet, which you can find the link in the op, it is not just a bitcoin themed bar, they actually accept bitcoin payment as well as payment through bitcoin lightening network as well, you can check the comment above yours, or better still, check the tweet on X  and confirm for yourself.

I also love this honestly, bitcoin have won a lot of hearts to itself, I am always happy and proud to be a bitcoiner every time I come across developments like this one op shared here.

If actually they accept BTC as payment, then this is actually more awesome than I thought.
I hope more businesses would embrace this idea, it will really be good to see that more business owners and customers accept to pay for their goods and services using Bitcoin.

Nice concept and I do hope the tempo is sustained.

[dmamigo]

Bitcoin will see much more acceptance in various industries and it will grow. This will help the cryptocurrency industry to grow and also users the freedom to spend without any financial institutions in the middle to convert them into fiat.
But people must take care and check before sending money to anybody or scanning a QR Code because nowadays, even being a legitimate business, they can be involved in a money laundering activity or any other illegal activities. So for example, say you deposited to any such place and in the future, in an investigation, you may face harassment by the tax department or some jurisdiction.
Also, you can be prone to data thieves which can turn out to lose more money of yours or any other harassment.

[Strongkored]

And to the general forum users, isn't this a good business idea?

Of course, it is a good business idea because we know that Bitcoin is increasingly popular nowadays and the bar owner providing payment with Bitcoin will be quite attractive to Bitcoin lovers and maybe the bar owner understands that in Sofia there is a fairly large Bitcoin community so it will be able to bring a lot visitors to the bar to use their Bitcoins because there is not much Bitcoin lovers can do when they want to spend their Bitcoins other than having to convert them first to fiat because currently it is still quite limited, but with transaction fees this high, does anyone want to use Bitcoin for transactions? Also, the prediction that Bitcoin will be bullish may reduce the intention of Bitcoin holders to use their coins for transactions.

[Peanutswar]

Im not into this country but if ever a chance I can go right there I will grab the opportunity to have a party with them most likely seems they are a circle of friends or even a community now supporting and keep using bitcoin and possibly could promoting the use of it too, if there's any chance possible can be a business imagine only rare places using bitcoin with a specific place, in my country most of them related into NFT but holding a bitcoin event like this never seen so far.

[AirtelBuzz]

The very first bitcoin bar was opened in Sofia, Bulgaria less than 24 hours ago, or a little farther than 24 hours ago actually, from the pictures posted on Twitter, all looks very interesting to be honest, i could see real deep love for bitcoin in the faces of those in pictures..

Going hard at a BTCBitcoin bar in Bulgaria

Winning✌️

[m2017]

Did they include information on what currencies are accepted for payment?

This is exactly where you need to start any story about the bitcoin-bar or something similar. Bitcoin is first and foremost a currency, and not an object of inspiration for a designer or an interior item.

How is the BTC-payment process technically implemented? How long will I have to wait for my beer if the mempool is overloaded during payment and the transaction confirmation is delayed?

To me, this all looks like an attempt to attract visitors to the bar (with a bitcoin theme), but nothing more. Do they accept bank cards and cash as payment? If so, what kind of bitcoin-bar is this?

[bounceback]

Although I am not alcohol drinking but seems excited with decision did by Bar in Sofia have accepted bitcoin as legal payment transaction, its one kinds of promoting bitcoin and give benefit when using bitcoin as payment way. One way how to make bitcoin more popular by adopting as payment currency and Bar become most public place have thousand transaction will be easy how to make bitcoin acceptable for payment transaction.
Based on Bulgaria not legal bitcoin will have problem later with Bar accepting bitcoin as payment? regarding with my country not allowed use bitcoin as payment way we can't make all kinds of transaction payment using bitcoin although with our small scale industry or small coffee shop.

[taufik123]

-snip-
regarding with my country not allowed use bitcoin as payment way we can't make all kinds of transaction payment using bitcoin although with our small scale industry or small coffee shop.

Being in the territory of a country that completely bans Bitcoin transactions or replaces Fiat with Bitcoin,
then there is no longer a loophole to make real adoption like this Bar Sofia did.

I am also in a country that does not allow Bitcoin as a substitute for legitimate transactions,
but provides commodity regulation for crypto as a way of supporting the development of crypto.

Rather than being banned completely, regulation as a commodity in my opinion is also fair enough because the implementation of full adoption in crypto will be more risky and not all people are familiar with crypto.

[Renedelaunay]

I'm curious about how the tab system works—whether it involves wallet payments or traditional methods. How do you think this payment approach affects the overall user experience and cost?

[oktana]

This is very amazing to see. Who doesn’t love it when bitcoin gets more adoption (except haters,lol). But anyways, my current curiosity is with the cost of Bitcoin transactions these days, how does the business cope with it? Do customers still pay all that fee just because they want to buy with Bitcoin? I do not know so much about how it works in cases like this so I’d love to be enlightened.

[dkbit98]

Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?

I think I saw few members saying they are from Bulgaria, don't know what city exactly, but they are not very active in forum these days.
This Bitcoin Bar looks cool and full, but I hope it will remain full even during the next bear run cycle.
I just checked btcmap.org and I saw there are more places that accept Bitcoin payment in Bulgaria, Sofia.

[Promocodeudo]

The very first bitcoin bar was opened in Sofia, Bulgaria less than 24 hours ago, or a little farther than 24 hours ago actually, from the pictures posted on Twitter, all looks very interesting to be honest, i could see real deep love for bitcoin in the faces of those in pictures..

Here are some of them.

Now, the most interesting, and one I love so much is the bitcoin art, a bitcoin painting which is designed in such a manner that it has a hidden message which can only be revealed under a UV light, it also comes with a certificate of authenticity and it's sold for 2.5 million bitcoin sats.

Find more about this on X - https://twitter.com/Plamen__Andonov/status/1730922240756138495?s=19

Look the beautiful stuffs people around the would are doing and building with Bitcoin, this bar definitely will be the first place I visit if i ever get the chance of traveling to Bulgaria, and I am actually motivated to build something like this in my area here in Nigeria when I make enough money to finance it.

Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?

This might help bitcoin awareness in Sofia Bulgaria, but my question is do the accept bitcoin, if yes, the they are good to go and it is a welcome development to bitcoin, the thing is that we can't figure out the major reason for the establishment of this bar, whether they are on disguise to know the individuals that are involved in bitcoin, if their mission is defined without any suspicious, for now we can not say rejoice about this recent development because so many things might not be right with this information, it might be a calculated effort to halt bitcoin activity in that area, I have thought about it, if they are not certain about their intention, then I advise people to trade with caution.

[Yatsan]

This is very amazing to see. Who doesn’t love it when bitcoin gets more adoption (except haters,lol). But anyways, my current curiosity is with the cost of Bitcoin transactions these days, how does the business cope with it? Do customers still pay all that fee just because they want to buy with Bitcoin? I do not know so much about how it works in cases like this so I’d love to be enlightened.

Actually a downside for such transaction not unless they would use wallet to wallet transactions which would make the fees lower. There are many small businesses who tried to do the same thing which is to accept Bitcoin and other crypto as a mode of payment however, fees and volatility of its price became their problem. Business and asset at the same time is quite of a problem obviously; funds in a business are meant to revolve and sustain the business itself. Right now that fees are higher due to the increase with Bitcoin's market price but more likely it will also be shouldered by the customer.

Do we have forum users from sofia, Bulgaria here with us on the forum? Check this bar out.
And to the general forum users, isn't this a good business idea?

I think I saw few members saying they are from Bulgaria, don't know what city exactly, but they are not very active in forum these days.
This Bitcoin Bar looks cool and full, but I hope it will remain full even during the next bear run cycle.
I just checked btcmap.org and I saw there are more places that accept Bitcoin payment in Bulgaria, Sofia.

This industry I guess isn't ready yet for such adoption. Well in some countries or places wherein crypto payments are highly accepted then it would be fine since they know how to adapt with these sudden changes. However with countries wherein it is not that supported, it is where things might struggle even if fiat is also accepted as an alternative to it. At the end of the day we'll just hope and support those who took the initiative to adopt at this point.