Categories: BitcoinNews

Great Lakes Science Center in Cleveland is Going to Accept Bitcoin

Great Lakes Science Center which is one of the major Museums in Cleveland, Ohio will start accepting Bitcoin as a means of payment starting from November 13th.

The Great Lakes museum reportedly will start accepting Bitcoin ahead of the Blockland Solutions Conference. The four-day conference scheduled in December is the inspiration for the museum to start accepting Cryptocurrency as a mode of payment.

Kirsten Ellenbogen, CEO and President of Great Lakes Science Center said:

“There is a lot of excitement around the conference, Accepting bitcoin is just a small part of the momentum to grow a blockchain ecosystem in Cleveland.”

Great Lakes is the third museum in the United States to accept Bitcoin as payment. According to the data from Spendbitcoins Museum of the Coastal Bend in Texas and St. Petersburg Museum of History in Florida already accept Bitcoin as of today.

The museum will use Bitpay to process the transactions. It is not exactly Peer to Peer transactions if you use a middlemen like Bitpay, but it’s a start.

Museums, Watches and Phones

Accepting Bitcoin as a mode of payment is slowly becoming a trend now. By offering exclusivity of the payment method companies are able to create scarcity and a mystery around the product.

HTC took advantage of this method to sell its Blockchain phone “Exodus”. The company will only accept Bitcoin or Ethereum as payment for the phone.

As a part of the 10th-anniversary celebration of Satoshi’s Whitepaper, Hublot launched a Bitcoin-only watch priced at $25000. As a reference to Bitcoin’s 21 Million limits, only 210 watches were manufactured. Hublot describes the pre-order to be “over-subscribed”.

Image Source: DigitalTrends.com

Blockmanity’s Take

While some may view paying only in Bitcoin as a hassle, it is definitely a trend that’s likely to continue. It is a lot cooler to accept Government resistant internet money than stinky old cash.

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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

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Shrikar Parashar

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