The Los Angeles Times reported Friday that recently opening Non-Fungible Burger Token (NFT), Bored & Hungry no longer accepts cryptocurrency as a form of payment for its food.
When asked, a staffer at Bored & Hungry told the Los Angeles Times, “Not today – I don’t know.” The individual did not provide any indication of when the decision was made to cut cryptocurrency from the list of payment options, nor did he know whether or not crypto payments would yield a return.
Bored & Hungry was initially launched in April of this year. At the time, one of the workers told the Los Angeles Times that the majority of their customers did not seem to care about their crypto-payment options, also noting that customers were generally indifferent to the restaurant’s “faithfulness to the crypto cause.”
Another patron of Bored & Hungry told the Los Angeles Times, “People want to hold onto their Ethereum. They won’t want to use it.” “I don’t know how [cryptocurrency purchases] will work, with the crash,” said client Richard Rubalcaba.
Many of the restaurant goers mentioned that they are not fans of cryptocurrency and simply frequent the restaurant for food. Agent Jessica Perez said, “We evaluated this there with In-N-Out, and maybe even better.”
The changes to the venue’s payment policies appear to be in line with the global collapse of cryptocurrencies and the overall economy. But never fear hungry crypto users, you can still visit Chipotle, which started accepting crypto payments earlier in June via Flexa. Many countries are facing relentless regulation and scrutiny and there are contagion issues in the cryptocurrency market.
Cointelegraph contacted Bored and Hungry owner Andy Nguyen to seek clarification regarding the restaurant’s crypto acceptance, but did not receive a response prior to publication.