“We’ll have it, probably, within all of our restaurant brands — or 80% to 90% — in the next 90 days, where you don’t have to use a Mastercard or Visa or American Express anymore.
Select locations of Mastro’s — one of Landry’s upscale concepts, with more than a dozen restaurants across the U.S.
Fertitta noted that this is not a new step for him, pointing to his luxury car dealership in Houston that has accepted the digital coin since 2018.
“It’s amazing how simple the transaction is, and it is here to stay.
The institutional adoption of bitcoin has increased in recent months.
At the same time, crypto skeptics have raised questions about the durability of bitcoin’s rally.
Bitcoin has so far retained its hallmark volatility, which is one reason some people question whether it is an effective means of transaction.
Some crypto bulls say bitcoin is akin to digital gold that can be used to hedge against inflation, not a currency used for everyday transactions.