Crypto bars and entertainment spots are invading Washington

Source Cryptopolitan

Washington is exploring real-time crypto payments, and Republicans are at the forefront. According to reports, there are pubs and entertainment venues that exclusively accept crypto payments. Here comes the future of crypto in popular businesses.

The first case involves a bar in DC that was popular with Republican staffers. Apparently, it announced that it was closing and would be replaced by a bar that only takes crypto like Bitcoin as payment.

Pubkey, a bar in Greenwich Village that describes itself as a “vibrant bitcoin community,” had taken over the lease of Hill Country. Hill Country is a popular Texas barbecue restaurant and music venue that recently announced it would close its doors in Penn Quarter after 14 years.

Pubkey’s move to Washington is a big deal in the history of crypto, even if it doesn’t replace the Republican bar. With the bar’s opening coming up soon, it looks like the crypto community is actually making progress in the nation’s capital.

Lawmakers used to think that crypto enthusiasts were just a bunch of shady libertarians. Still, now that big names in crypto, like David Sacks and Elon Musk, backed Trump’s reelection, the crypto community has a lot of power in the Trump administration. In fact, now businesses can make crypto payments without debanking. 

Hill Country is to be replaced by Pubkey, a business that runs on crypto

Hill Country was not just your normal bar. It is a bar with decor that screams “TEXAS” louder than anyone else’s. It has long been known as a great place for Republican workers to go out at night for live country music, a good smoked brisket, and reasonably priced well liquor. It’s also a spot where powerful GOP lawmakers might be seen having fun.

For instance, in 2023, Rep. George Santos was seen singing “I Will Survive” at a karaoke bar. At the time, he was being investigated by the federal government and Congress for theft and lying about his background.

Trump was the first president to use Bitcoin for transactions, which was seen as a sign of support for the crypto community. He used $998.70 worth of Bitcoin to buy smash burgers for everyone. 

Pubkey, which opened in 2022 near the Manhattan campus of New York University, has a very laid-back vibe. It’s a dive bar/podcast studio that’s buried underground and serves pub food created by a former employee of Eleven Madison Park. Anyone could hang out there as long as they paid with cryptocurrency.

Democrats seen in a crypto business 

Pubkey owner Thomas Pacchia said that the company will open a location in Washington, DC, in the next few months.

Even though he knew that Trump’s visit got bad press, Pacchia said that Democrats like Rep. Ritchie Torres and Sen. Kirsten Gillibrand had also been to Pubkey and hoped that the new address would bring in people from both parties. He said that anyone who wants to talk about Bitcoin is welcome. 

In the last few years, more and more places to hang out that focus on crypto have opened up all over the country. Meanwhile, the global crypto market cap today is $2.85 Trillion, a 3.9% decline in the last 24 hours. Trump’s policies have hit all markets. When everything is hopefully settled, there will be more than enough reasons for the industry to rally.

Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Will the Palestine-Israel Conflict Impact BTC Safe-Haven Demand? What Is the Future Outlook for BTC?The current Palestinian-Israeli conflict is not enough to stimulate investor demand for BTC, but it cannot be ruled out that the escalation of the conflict will drive BTC to a high of $31,000.
Author  Mitrade
Oct 12, 2023
The current Palestinian-Israeli conflict is not enough to stimulate investor demand for BTC, but it cannot be ruled out that the escalation of the conflict will drive BTC to a high of $31,000.
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
Ethereum Price Dips May Offer Buying Opportunity — Bulls Eye ReentryEthereum price extended its increase above the $2,720 zone. ETH is now correcting gains and might revisit the $2,500 support zone. Ethereum started a fresh increase and cleared the $2,720 resistance.
Author  NewsBTC
May 15, Thu
Ethereum price extended its increase above the $2,720 zone. ETH is now correcting gains and might revisit the $2,500 support zone. Ethereum started a fresh increase and cleared the $2,720 resistance.
placeholder
Solana Price Forecast: SOL flashes bearish signals, risks double-digit crashSolana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Author  FXStreet
May 19, Mon
Solana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
placeholder
Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over?The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
Author  Bitcoinist
Jun 09, Mon
The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
goTop
quote