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
Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?Prioritize filling the $27,000 gap and even try higher.
Author  FXStreet
Aug 22, 2023
Prioritize filling the $27,000 gap and even try higher.
placeholder
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC defends $40,000 as spot ETF marketing wars heat upAs the spot ETF war intensifies, Bitcoin prices may rise, and Ethereum and Ripple may also rebound under its influence.
Author  FXStreet
Dec 19, 2023
As the spot ETF war intensifies, Bitcoin prices may rise, and Ethereum and Ripple may also rebound under its influence.
placeholder
Elon Musk’s xAI and Neuralink Launch New Funding Rounds​Billionaire Elon Musk recently raised funds for his two high-profile tech companies, xAI and Neuralink.
Author  Insights
Jun 03, 2025
​Billionaire Elon Musk recently raised funds for his two high-profile tech companies, xAI and Neuralink.
placeholder
Silver Price Forecast: XAG/USD plummets below $76 as oil price posts fresh weekly highSilver price (XAG/USD) is down almost 2.3% to near $76.00 during the European trading session on Thursday. The white metal faces selling pressure as oil prices extends its winning streak for the third trading day on Thursday.
Author  FXStreet
Apr 23, Thu
Silver price (XAG/USD) is down almost 2.3% to near $76.00 during the European trading session on Thursday. The white metal faces selling pressure as oil prices extends its winning streak for the third trading day on Thursday.
placeholder
Japanese Yen extends the range play against USD; looks to BoJ for fresh impetusThe USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.
Author  FXStreet
11 hours ago
The USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.
goTop
quote