Canadian Middle Eastern restaurants have changed their reserves to All bitcoins.
The store said that Bitcoin is a better alternative than cash savings.
The store said that Bitcoin is a better alternative than cash savings.
The shop has tweeted on their own Twitter. Tahini’s is just a small company. It started in London, a Canadian city in southwestern Ontario. The Mediterranean restaurant chain has now opened four locations, with three franchises coming to open in Ontario.
Tahini’s explains the reason: Why have I changed all my reserves into cryptocurrency? “Going through the crisis in March was a very difficult matter for us. Because people are afraid to come out to eat The Government’s aid programs in Canada keep our employees back. Because they earn more money by staying at home And not working But they all went through the economic crisis and came back with a lot of money, including us. Our reserves have increased. Business is back to boom “
The company also added that “For himself, seeing that Bitcoin is a truly free saving technology. With wealth “
“That’s why we keep all our cash reserves in bitcoins because it’s a better way to save cash.”
Tahini’s announcement followed the movement of Microstrategy The Nasdaq-listed company became the first major company to convert some of its cash reserves to bitcoin, the company said last week it bought 21,454 bitcoins for a total purchase price of $ 250 million.
What do you think? Will there be more companies converting cash reserves into bitcoins in the future?
Source : https://news.bitcoin.com/canada-restaurant-chain-tahinis-cash-reserves-bitcoin/