Hi guys,
As a lurker i thought this would be a good moment to introduce myself to the forums!
I got into Bitcoins earlier this year, because i work at the legendary De Waag, first cafe/restaurant in the Netherlands that accepted Bitcoins as an alternative payment option.
A very proud bitcoin owner here, and dedicated to hodl for years!
I'm very interested in your cafe, can you explain?
1) What happens when BTC prices rise or drop? Are your prices in BTC, or just your local currency and buyers convert this amount.
2) How long do transactions take
3) How do people pay? Machine...?
1 - it's a risk we are willing to take, and as the numbers are small it's not a big deal anyway. We have some real believers including me. The media attention all over the world we had is priceless, as we were the first cafe ever to accept Bitcoins
2 - transactions are being processed within seconds
3 - We use an iPad for transactions, i have handled many of them myself.