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Free Bitcoin 2020 Earn Free Bitcoin Daily in Internet 2020 Learn different ways to earn Bitcoins by completing simple tasks, Captcha’s and sell your Bitcoins for real money. Free Bitcoin 2020 What is Bitcoin? Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency. Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services in legal or black markets. Bitcoins in its pure essence is money. It is digital curren

Two New York City Bars up for Sale for a Total 25 Bitcoins

Two New York City Bars up for Sale for a Total 25 Bitcoins

Two New York City bars are up for sale for a combined 25 bitcoins or 800 ether – over $800k at current prices. Bar owner Patrick Hughes has seen the worst of the Covid-19 pandemic lockdown on his operations and decided to sell the two watering holes for crypto.

● “Crypto is on fire, it’s a hot currency,” Hughes told the New York Post on Jan. 9. “It’s decentralized. It’s global.” The 56-year-old Ho-Ho-Kus, NJ, resident’s decision may have been motivated by bitcoin’s recent bullish run – and also the need to preserve value against a falling dollar.

● Hughes is selling his side-by-side Hell’s Kitchen outfits, Hellcat Annie’s and Scruffy Duffy’s, both located on Tenth Avenue for crypto only, said the report. The man’s family has been in the Manhattan bar business since 1970, it added, though these two bars were opened later.

● “I’m hoping to catch one of these crypto dudes who always wanted to own a bar,” said Hughes. He’s put up a bitcoin (BTC) sale sign in front of the bars, but inquiries have been mostly casual. The bar owner remains upbeat a serious buyer will come along.

● Prior to the pandemic, Hughes had up to 50 people employed at his two establishments, but that is now down to just “five or six” people. His businesses largely remained closed for most of 2020, as per the report. Hellcat Annie’s reopened in November but Scruffy Duffy’s remains closed.

● More people are starting to see the monetary value of bitcoin. In September last year, U.S. aircraft sales company Aviatrade Inc., said it would accept BTC as a means of payment for its luxury jets. The first plane to go on sale for crypto was a six-year-old Gulfstream G650ER, which was selling for $40 million or the bitcoin equivalent.

What do you think about the two New York bars being sold for bitcoin? Let us know in the comments section below.



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