Get excited. Rather than spending $30 on overpriced hamburgers at Rainforest Cafe, you may be able to spend the equivalent amount in Bitcoin instead. That’s right, the cryptocurrency that’s confusing the internet could be making its way to the restaurant industry. At least if Tilman Fertitta has his way.
You may not know his name, but Fertitta is the billionaire mogul behind Landry’s Inc. They’re the group responsible for a bunch of your favorite chain restaurant‘s including, Morton’s Steakhouse, Bubba Gump Shrimp Co., and yes, the aforementioned Rainforest Cafe, as well as many others.
In an interview with Money, Fertitta had this to say when asked about the possibility of accepting the alternative currency: “We try to always be on the cutting edge […] If I’m a betting man, I’m expecting [Bitcoin] is here to stay.”
So far Bitcoin has endured a volatile rollercoaster ride in terms of its monetary value, soaring and falling within days. As of this week, it’s worth $10,000—down 50 percent from its all-time high. Given the instability, its future as a valid form of currency has been hotly debated by economists.
Considering that Landry’s one of the largest restaurant groups around, it could be interesting if this unlikely premonition comes to fruition and how that would bode for other casual dining establishments. It’d sure look weird to see Bitcoin prices, alongside dollar signs on menus outside the digital world.
However, on the off chance Bitcoin does stick around for the long run, it’s great to know we spent it on a night out in a chain restaurant with oversized aquariums and choreographed thunderstorms that take place on an hourly basis. Take your 8-year-old there for their birthday. They will thank you. And let them pay in Beanie Babies while you’re at it. It’s probably a safer investment.
from Food News – Chowhound http://ift.tt/2FULjZl
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