New York Today: New York Today: Living on Bitcoin
(Source: nytimes.com)

clicks | 5 months ago | comments: discuss | tags: bitcoin cryptocurrency


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(Original link: nytimes.com)

Continue reading the main story But first, I needed coffee. The closest place I found was Kavasutra in the East Village, a 30-minute subway ride away. (The subway does not accept Bitcoin, so to ride I had to cheat.) After pulling a shot of cold brew for 0.00014486 BTC, or $1, the barista called up a QR code on an iPad. I scanned it with an app on my phone, but it didn’t work. He began coaching me like a child patiently setting up Grandpa’s Facebook account, and then gave up. But eventually I figured it out, the payment went through and I became his third Bitcoin-paying customer of the day. Paying with cryptocurrency was like that: exciting, fraught and never the same twice. I was invoiced by email for a load of laundry at the Eco Laundry Company in Chelsea. I texted with a hair stylist in Israel who accepted a tip on behalf of his colleague at Armando Piña Hair Salon on the Upper East Side. I waited — fingers crossed — for five minutes before a payment finally posted and I could dig into an ice cream sandwich at Melt Bakery on the Lower East Side. And like an obsessive day trader, I would check my digital wallet and watch as the value went up and down by a few cents every few minutes. It was fun, until I got hungry. I had searched for restaurants and grocery stores using Coinmap , the Blockchain Wallet and filters on Yelp, but almost none took Bitcoin, and most said they never had. “No one is really using it the way it’s supposed to be used, as a currency,” said Dan Sim, who accepts Bitcoin at his Lean Crust pizza shop in Fort Greene, Brooklyn.
Advertisement Continue reading the main story Circa 2013, he said, he’d process dozens of Bitcoin purchases a week, but as the currency became more valuable and volatile, that’s dropped to zero. “People don’t want to part with their Bitcoin,” he said. I couldn’t find anyone to sell me less than $200 worth of socks or a gym that accepted Bitcoin. By the time lunch rolled around on Day 2, I was ready to throw in the towel. I headed to Sweetgreen. Its restaurants don’t accept cash , but they still take good old-fashioned plastic. Here’s what else is happening: Weather We’d pay a pretty penny for better weather. We could see two inches of rain, and thunder may rumble through the morning. Today’s high is around 60 . Highs will be in the 50s all week — a little cool for mid-April. In the News • Federal prosecutors in New York are investigating President Trump’s longtime personal lawyer and fixer, Michael D. Cohen. [ New York Times ] Photo Federal prosecutors in New York are investigating President Trump’s longtime personal lawyer and fixer, Michael D. Cohen. Credit Justin Lane/EPA, via Shutterstock • Though subway officials have attributed delays to antiquated signals, faulty equipment near the Bergen Street station on the F and G lines is proving that even newer hardware can break down. [ New York Times ] • A look at the life of David Buckel, the civil rights lawyer and environmentalist who killed himself on Saturday, through the eyes of the people closest to him. [ New York Times ] • Citing concerns like climate change, officials have prepared a long-term plan for the care of the city’s forests. [ New York Times ]
Advertisement • A new graphic novel by the comic book writer Peter J. Tomasi retells the origin of the Brooklyn Bridge and the family who made it possible. [ New York Times ] Photo The comic book writer Peter J. Tomasi’s passion has resulted in the graphic novel, “The Bridge: How the Roeblings Connected Brooklyn to New York.” Credit James Estrin/The New York Times • Ninety years after her death, Nora Bayes, one of the most famous entertainers of the early 20th century, will finally get a headstone. [ New York Times ] • Cynthia Nixon won the endorsement of the Working Families Party, a small but influential progressive group. [ New York Times ] • More than 200 million eggs that may have been contaminated with salmonella were distributed to nine states, including New York and New Jersey. [ New York Times ] Newsletter Sign Up Please verify you're not a robot by clicking the box. Invalid email address. Please re-enter. You must select a newsletter to subscribe to. Sign Up You agree to receive occasional updates and special offers for The New York Times's products and services. Thank you for subscribing. An error has occurred. Please try again later. You are already subscribed to this email....

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