Great Lakes Science Center is the new museum that is now viral in today’s crypto news, mostly because of its recent decision to start accepting payments in crypto. Based in Cleveland, Ohio, this museum is a large educational facility that will begin accepting Bitcoin as a payment method starting November 13th.
The CEO of the Great Lakes Science Center, Kirsten Ellenbogen, said that the institution decided to accept crypto in order to boost the growth of the local blockchain ecosystem. As she noted:
“There is a lot of excitement around the conference. Accepting bitcoin is just a small part of the momentum to grow a blockchain ecosystem in Cleveland.”
The Museum of the Coastal Bend in Texas as well as the St. Petersburg Museum of History in Florida have both been accepting BTC for quite some time, which makes the Great Lakes Science Center officially the third museum in the US to start accepting crypto as a payment method.
With this, it is easy to see that Bitcoin has become a major store of value. The $110 billion in circulation are acknowledged as a proper asset by many large scale institutions, some of which include ICE, Fidelity, Nasdaq and the New York Stock Exchange.
This integration comes after Hublot, which is a Swiss luxury watchmaker, successfully integrated Bitcoin in order to sell 210 pieces of its limited edition Bitcoin-themed sports watch for $25,000 a piece, generating more than $5 million in revenue purely through these sales.
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