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Author Topic: The First Chicago Restaurant to Accept Bitcoin  (Read 10872 times)
Phinnaeus Gage
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August 16, 2013, 05:36:54 AM
 #101

So whats the word on your efforts so far Bruno?  It's been a few months since an update.  I have a date with a hot blonde coming up and I just lost my debit card.  I have to say, it would be cool to pay for dinner and some other activities with BTC like a boss.  Add me to the list.

Oh and is the cab company accepting BTC yet? 

The Cabbie guy is on hold, and as far as the restaurants I had in mind, I put them on hold due to I was in the process of obtaining a Sandwich, IL, restaurant to accept bitcoins until one of its patrons opted to invest in Bitcoinica and now has his money tied up in Mt Gox. That fiasco caused me to lose face at the local restaurant along with having me to relocate two warehouses storing barn wood due to EPA concerns, all stemming from the guy who made a Bitcoin investment thanks to my blessing of Bitcoinica. The last thing I wanted was to lose a good client in Chicago, one of which I believe I can easily convince him in taking bitcoins at all his establishments.
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August 16, 2013, 06:19:57 AM
 #102

Wow, the bitcoinica tendrils reaching out to barn wood in sandwich...Never would have thought that.

I'm back and forth right now but in the Spring I'm moving back to Chicago, so if you have a list put me on it. 
I haven't read the article entirely yet, but what about this: http://money.cnn.com/2013/05/16/technology/innovation/bitcoin-sales/index.html

I think the biggest obstacle is the hassle they have to go through to turn it back in to cash.   

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August 16, 2013, 01:11:17 PM
 #103

Wow, the bitcoinica tendrils reaching out to barn wood in sandwich...Never would have thought that.

I'm back and forth right now but in the Spring I'm moving back to Chicago, so if you have a list put me on it. 
I haven't read the article entirely yet, but what about this: http://money.cnn.com/2013/05/16/technology/innovation/bitcoin-sales/index.html

I think the biggest obstacle is the hassle they have to go through to turn it back in to cash.   



That's where Bitpay can help.  Instead of receiving bitcoins, your business can have USD (or other currencies) deposited into your bank account the next day.  So your business can accept bitcoins as a payment option utilizing Bitpay's merchant checkout solution and receive dollars or whichever currency you desire.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex or Cryptsy for trading alternate cryptocurrencies like DOGEs

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August 16, 2013, 04:16:25 PM
 #104

Wow, the bitcoinica tendrils reaching out to barn wood in sandwich...Never would have thought that.

I'm back and forth right now but in the Spring I'm moving back to Chicago, so if you have a list put me on it. 
I haven't read the article entirely yet, but what about this: http://money.cnn.com/2013/05/16/technology/innovation/bitcoin-sales/index.html

I think the biggest obstacle is the hassle they have to go through to turn it back in to cash.   



That's where Bitpay can help.  Instead of receiving bitcoins, your business can have USD (or other currencies) deposited into your bank account the next day.  So your business can accept bitcoins as a payment option utilizing Bitpay's merchant checkout solution and receive dollars or whichever currency you desire.

Yes, they need something like that; what I liked in the article was that you buy a coupon, instead of getting money direct from bitpay.  Seems safer right now, the coupons are not from bitpay so the store/restaurant is safe WHEN the feds freeze bitpays assets.
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August 16, 2013, 04:28:08 PM
 #105

Maybe somebody should start a money exchange business in Chicago so that people can become bitcoin users more easily

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August 16, 2013, 04:29:12 PM
 #106

Wow, the bitcoinica tendrils reaching out to barn wood in sandwich...Never would have thought that.

I'm back and forth right now but in the Spring I'm moving back to Chicago, so if you have a list put me on it. 
I haven't read the article entirely yet, but what about this: http://money.cnn.com/2013/05/16/technology/innovation/bitcoin-sales/index.html

I think the biggest obstacle is the hassle they have to go through to turn it back in to cash.   



That's where Bitpay can help.  Instead of receiving bitcoins, your business can have USD (or other currencies) deposited into your bank account the next day.  So your business can accept bitcoins as a payment option utilizing Bitpay's merchant checkout solution and receive dollars or whichever currency you desire.

Yes, they need something like that; what I liked in the article was that you buy a coupon, instead of getting money direct from bitpay.  Seems safer right now, the coupons are not from bitpay so the store/restaurant is safe WHEN the feds freeze bitpays assets.

What makes you think the feds are gonna do that?

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex or Cryptsy for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

Bitpay to help your business accept bitcoin payments!
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August 16, 2013, 05:08:32 PM
 #107


Yes, they need something like that; what I liked in the article was that you buy a coupon, instead of getting money direct from bitpay.  Seems safer right now, the coupons are not from bitpay so the store/restaurant is safe WHEN the feds freeze bitpays assets.

What makes you think the feds are gonna do that?
[/quote]

I probably should have said IF.  Thanks for making me re-think that.

Bitcoin is a target in the US right now, it seems any excuse and they'll freeze assets.  Take tangible cryptography for an example.  The state shut them down, not the Feds, but same idea.

If it wasn't for my paranoia, I would probably do this:
Maybe somebody should start a money exchange business in Chicago so that people can become bitcoin users more easily

My uncle already services 100's of small businesses around Chicago for their CC payment, incorporating bitcoin as a payment option in these shops would be relatively easy for him.  I guess I'll research the laws involved and see what needs to be done and how much it will cost and then pitch him on it.  I wouldn't even begin operating until spring, so I have time for research and planning.  If anyone could sell bitcoin merchant services it's my uncle.

I guess I'm a long way off from a BTC funded date though.  Localbitcoins FTW.  Also, I need to not lose my debit card anymore.  Last time I came here I melted it in the dryer, this time, I don't even know.  My bank is 3 states away and I don't keep credit cards. 
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August 16, 2013, 05:14:45 PM
 #108


Yes, they need something like that; what I liked in the article was that you buy a coupon, instead of getting money direct from bitpay.  Seems safer right now, the coupons are not from bitpay so the store/restaurant is safe WHEN the feds freeze bitpays assets.

What makes you think the feds are gonna do that?

I probably should have said IF.  Thanks for making me re-think that.

Bitcoin is a target in the US right now, it seems any excuse and they'll freeze assets.  Take tangible cryptography for an example.  The state shut them down, not the Feds, but same idea.

If it wasn't for my paranoia, I would probably do this:
Maybe somebody should start a money exchange business in Chicago so that people can become bitcoin users more easily

My uncle already services 100's of small businesses around Chicago for their CC payment, incorporating bitcoin as a payment option in these shops would be relatively easy for him.  I guess I'll research the laws involved and see what needs to be done and how much it will cost and then pitch him on it.  I wouldn't even begin operating until spring, so I have time for research and planning.  If anyone could sell bitcoin merchant services it's my uncle.

I guess I'm a long way off from a BTC funded date though.  Localbitcoins FTW.  Also, I need to not lose my debit card anymore.  Last time I came here I melted it in the dryer, this time, I don't even know.  My bank is 3 states away and I don't keep credit cards. 
[/quote]

I'll gladly discuss Bitpay with your uncle.  Feel free to PM me if you need a phone number.  I'll be on the road next Wed/Thurs afternoons and have time to chat; however, if you'd prefer to work with him yourself, that's cool, too.

I'm in Cleveland, and travel to Chicago a couple times a year.  I'm going to Cincinnati next Weds night and I'm going to be promoting Bitpay's services to a brick & mortar merchant in Cincinnati.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex or Cryptsy for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

Bitpay to help your business accept bitcoin payments!
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August 16, 2013, 05:55:30 PM
 #109

Sweet. Good luck on making this happen.

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August 16, 2013, 06:02:17 PM
 #110

Sweet. Good luck on making this happen.

cheers for this good work

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August 16, 2013, 06:19:11 PM
 #111

Sweet. Good luck on making this happen.

cheers for this good work

Heh, I appreciate the support; however, to make sure you're not too over excited, it's taken me two years to get one business in the Cleveland area accepting bitcoin...

I've put some effort into Chicago and Cleveland, but mostly phone calls.  Going in is much higher return; however, restaurant owners are busy people and tough to track down.

We'll see if I get some momentum to give another push later this year.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex or Cryptsy for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

Bitpay to help your business accept bitcoin payments!
faiza1990
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August 16, 2013, 08:18:49 PM
 #112

Sweet. Good luck on making this happen.

cheers for this good work

Heh, I appreciate the support; however, to make sure you're not too over excited, it's taken me two years to get one business in the Cleveland area accepting bitcoin...

I've put some effort into Chicago and Cleveland, but mostly phone calls.  Going in is much higher return; however, restaurant owners are busy people and tough to track down.

We'll see if I get some momentum to give another push later this year.

but still happy somebody showing courage for this late is better then never

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February 17, 2014, 06:05:05 PM
 #113

*bump*

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February 17, 2014, 07:24:44 PM
 #114

I would go to a restaurant accepting Bitcoin in Chicago.
Kept looking at coinmap, but I was disappointed not to find one.
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February 17, 2014, 07:46:26 PM
 #115

Can't wait for restaurants in NY to start accepting bitcoin.
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February 17, 2014, 07:55:13 PM
 #116

I would go to a restaurant accepting Bitcoin in Chicago.
Kept looking at coinmap, but I was disappointed not to find one.

When you go to visit Be prepared with info, and ask if the restaurant will take bitcoin.  When they look at you funny, present your info.  Grin

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February 17, 2014, 07:58:17 PM
 #117

We need to do this in L.A.
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February 18, 2014, 04:12:12 PM
 #118

Very soon other restaurant owners also going to follow this

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February 19, 2014, 12:27:49 PM
 #119

Excellent! Very interested.  Smiley

I'm a chicagoland transplant here in Phoenix, but when I visit home I'll eat where they'll take my coins.

And seriously, get Portillos in on this I've got 2 locations out here.

I'm on an important mission, but it should be complete soon.
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February 25, 2014, 03:42:30 PM
 #120

+1 on this. I sincerely hope more small shops start doing this. It would give them an advantage over corporate.
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