{"id":19564,"date":"2019-08-14T20:01:01","date_gmt":"2019-08-14T20:01:01","guid":{"rendered":"http:\/\/ci027cfe6d700a26c3"},"modified":"2025-01-27T21:32:47","modified_gmt":"2025-01-27T21:32:47","slug":"coffee-crypto-and-the-hodling-merchants-perspective","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/technical\/coffee-crypto-and-the-hodling-merchants-perspective","title":{"rendered":"Coffee, Crypto and the Hodling Merchant&#8217;s Perspective"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/introducing-the-bitcoin-magazine-podcast.jpg\" title=\"\"><\/figure>\n<p>Sure, bitcoin is a store of value and a hedge against global debt and inflation. But what is it actually like for a merchant to transact with it day to day \u2014 to pay taxes, to cover exchange rates and properly manage multiple wallets?<\/p>\n<p>Today&#8217;s guest is Denet Lewis, owner of Beans N Barbells, who accepted bitcoin and other cryptocurrencies at his coffee kiosk at the Bitcoin 2019 conference. Lewis helps paint a picture of the pros and cons of accepting bitcoin as a small business owner and offers a glimpse into the hurdles that lie ahead for broader merchant adoption.<\/p>\n<p><strong>News:<\/strong><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/articles\/blockstream-mining-a-grassroots-vision-for-redistributing-hashrate\">Blockstream Mining: A Grassroots Vision for Redistributing Hashrate<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/articles\/chinas-state-cryptocurrency-coming-soon-featuring-two-layer-structure\">China\u2019s State Cryptocurrency Coming Soon, Featuring Two-Layer Structure<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/articles\/bitcoin-is-now-a-legal-form-of-payment-in-new-zealand\">Bitcoin Is Now a Legal Form of Payment in New Zealand<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/articles\/in-israels-crypto-banking-war-lawsuits-lead-the-charge-for-now\">In Israel\u2019s Crypto Banking War, Lawsuits Lead the Charge (For Now)<\/a><\/p>\n<p><strong>Interview:<\/strong><\/p>\n<p><a href=\"https:\/\/www.beansnbarbells.com\/\" target=\"_blank\" rel=\"noopener\">Beans N Barbells<\/a><\/p>\n<p><a href=\"https:\/\/www.bitcoin2020conference.com\/\" target=\"_blank\" rel=\"noopener\">Bitcoin 2020 Conference<\/a><\/p>\n<p><strong>Sponsor:<\/strong><\/p>\n<p><a href=\"https:\/\/coinmine.com\/461668399\/checkouts\/a6bd3b5f1bc28f31f8d6e5c7bd016128?discount=bitmag&amp;utm_campaign=pr&amp;utm_source=bitmag\" target=\"_blank\" rel=\"noopener\">www.coinmine.com\/bitmag<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Denet Lewis helps paint a picture of the pros and cons of accepting bitcoin as a small business owner.<\/p>\n","protected":false},"author":2520,"featured_media":17248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[1739],"class_list":{"0":"post-19564","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technical","8":"tag-podcasts"},"author_data":{"id":2520,"name":"Bitcoin Magazine","nicename":"bitcoin-magazine","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/bitcoin-magazine-logo.jpeg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/introducing-the-bitcoin-magazine-podcast.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/19564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2520"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=19564"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/19564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/17248"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=19564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=19564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=19564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}