Superfood Chain Everbowl Adopts Bitcoin Standard
The California-based food chain said inflation and eroding purchasing power of fiat currencies prompted the switch into Bitcoin.Everbowl, a craft superfood chain based in California, will now run its business operations on a Bitcoin standard and convert all of its cash reserves to bitcoin, the company said in a Friday statement.“We’ve concluded that running the business exclusively on cash isn’t the most advantageous, nor the safest, method of running a business in 2022 and beyond,” Everbowl founder and CEO, Jeff Fenster, said in a statement. “Also, I understand that it is still early in....
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Another restaurant company is adding Bitcoin to its balance sheet. On Everbowl’s website, they claim “At everbowl, we believe the key to life is motion,” and they’re putting their money where their mouth is. Under the Bitcoin standard, a new stage awaits this California-based “quick-serve restaurant chain with over 50 locations.” Are they embracing the […]
An entrepreneur from Ohio paid Everbowl franchise fees in bitcoin for two new locations following the company’s adoption of a Bitcoin standard.
The California-based business said the move aims to provide an alternative savings vehicle for its employees.
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