This strip club in America’s Las Vegas becomes the first entertainment venue to accept bitcoin


A Las Vegas strip club has said it will now accept payments in Bitcoin. It has become the first major entertainment venue to do so in a US city known for its gambling centers and nightlife. By doing so the club has shown confidence in the highly volatile digital currency. Club Crazy Horse 3 has teamed up with a bitcoin payment processor to allow customers to buy VIP bottle packages online through their website. The club said it plans to start accepting cryptocurrency for food and drink, retail, admission, and “dancing dollars” for lap dance and recreational tipping in the near future.

The 40,000-square-foot upscale strip club just steps from Allegiant Stadium, home of the Las Vegas Raiders NFL team, aims to give more purchasing power to global travelers flying to conventions, entertainment concerts and sporting events. Crazy Horse 3 publicist Lindsey Feldman is quoted by Cision as saying, “We are taking the opportunity to accept bitcoin as the next level of convenience, first-class hospitality, and anonymity for our guests.”

Feldman said the partnership with OpenNode allows them to cater to tech-savvy customers with an intuitive and secure payment platform. The strip club’s decision to accept bitcoin as payment comes at a time when the world’s largest cryptocurrency has lost nearly half of its value due to two back-to-back cryptocurrency market crashes. Yet experts believe that a mild correction in prices has stabilized the cryptocurrency and will rise again in the future as its popularity and demand gradually increase.

in April 2021 bitcoin price It touched an all-time high of around $65,000 (about Rs 47.3 lakh). Then the market crashed. CoinDesk As per reports, at the time of writing this report, it was trading at $31,941 (approximately Rs.23.81 lakh). There is also concern about the use of fossil fuels in bitcoin mining. Which has given negativity to cryptocurrencies and forced investors to rethink before investing in digital currency.

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