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A Venezuelan pastry shop starts accepting bitcoin

Tortas Don Eduardo, a Venezuelan pastry shop accepts bitcoins due to bitcoin’s growth as a currency, its market value, and its ease of transaction.

Founded over 4 years ago by the pastry chef Guillermo Eduardo Hernandez, his decision to take cryptocurrency came after investigations while using the web in his work. Being a chef confectioner, he said, “At first the concept of Bitcoin is strange, but if you work on the web like me or if you sit to investigate the matter turns out to be a possibility when doing business.”

Despite the fact that acceptance of bitcoins in Venezuela is slow, the main reasons Hernandez adopted bitcoin is due to its market value, its growth as a currency and the facilities offered when making any kind of transaction.

The bitcoin is not regulated by the laws of Venezuela or by any government, so that these legal limitations are no longer an obstacle,” said the proprietor in a statement to diariobitcoin.com, a Latin American bitcoin journal. In Venezuela, bitcoin serves as an alternative exchange control, which allows users to accumulate foreign currency gains.

Hernandez accepts that there is a distrust of cryptocurrency in Venezuela and says that, “In Bitcoin there is nothing illegal, illegal and punishable by law is to turn to black markets, but Bitcoin is not one."

He expects the currency to have more acceptance and distribution in young people. He also hopes that cryptocurrency will soon become widespread in Venezuela in the near future. The pastry chef added saying, "We are proud to accept bitcoins, is a viable option that keeps us at the forefront in business."

Apart from Tortas Don Eduardo, there are several food outlets in Latin America that delivers food by accepting bitcoin online. Tabita at Mexican City which makes sweets, gourmet, pastries and vegetarian food; Hoypido a Buenos Aires based food website and app through which customers can order food; Creamy Cheff in Chaco, Argentina that sells ice creams at wholesale prices are few restaurants which deliver food to your home by paying with cryptocurrency.

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