Did you know that winemakers have started to accept cryptocurrency as a form of payment for their brands? That’s right - you can buy some authentic fine wines with digital currency! An example is the 2015 Dark Matter Zinfandel from the Dark Matter Wines brand (U.S.A.)
Originating for hundreds of years with old traditions, the wine industry is known to be rather technology-resistant. So seeing it adapting to the crypto world is something unique we are excited to bring to your attention!
Some winemakers see cryptocurrency as an opportunity to expand their brands on a global scale and believe crypto might be the future of finance.
Yet, many are still sceptical, sharing they see it as a risk, especially for small businesses. Also, for winemakers it is of utmost importance to preserve natural resources , which makes cryptocurrency less attractive for them, considering it involves the usage of sophisticated processors that require a massive amount of energy ️ Obviously, there are pros and cons about using cryptocurrencies within the wine industry - so we will keep following the developments! And what about you - are you thinking of using a cryptocurrency to buy your next bottle of wine, or maybe you have already done so?
Amsterdam, 20 April 2022