Prominent US Museum Accepts Payments in Bitcoin

Prominent US Museum Accepts Payments in Bitcoin

Great Lakes Science Center, a prominent museum in Cleveland, Ohio, has begun accepting payments in Bitcoin as of November, 13. Crain’s Cleveland Business (CCB), a local business news outlet, reported this new development

This acceptance of Bitcoin by the Cleveland-based museum is coming just ahead of the inaugural Blockland Solutions Conference, which is set to happen in early December. Speaking on the latest development, Kirsten Ellenbogen, the CEO and president of the museum, said in a statement, “Accepting Bitcoin is just a small part of the momentum to grow a blockchain ecosystem in Cleveland.”

The box office at the museum will reportedly use BitPay, a processor handling crypto payments, to oversee the transactions of visitors.

The decision of the museum to accept Bitcoin was framed by Ellenbogen in terms of the commitment of the institution to cutting-edge innovations across math, technology, the sciences, and engineering. Elaborating on this fact, she stated that “Last year we launched our mobile app that uses augmented and virtual reality to allow guests to experiment with flames in space and test spacecraft designs re-entering Earth’s atmosphere when they visit the NASA Glenn Visitor Center, and now they will be able to use their phone to pay for their admission using Bitcoin.”

Great Lakes Science Center will not be the first to toe this path, however. According to SpendBitcoins USA, a directory listing retail merchants that accept payments in Bitcoins, St. Petersburg Museum of History in Florida and the Museum of the Coastal Bend in Texas are the two other museums in the US currently accepting digital currency from visitors.

This latest news from Ohio contrasts with recent comments by Jeff Garzik that claims Bitcoin is no longer used as a means of payment because investors prefer using it to store value. The crypto pioneer made his thoughts known a week after the 10th anniversary of Bitcoin. According to Garzik, “Whereas in the early days, developers were targeting getting merchants to accept Bitcoins, today the popularity of the digital currency as an investment asset predominates.”

In conclusion

The Great Lakes Science Center, a prominent museum and educational center located in Cleveland, Ohio, has announced that it has started accepting payments in Bitcoins. This brings the total number of museums accepting Bitcoins in the United States to three.

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