Washington Explores Real-Time Crypto Payments

Washington is embracing crypto payments, led by Republicans. Reports indicate bars and entertainment venues are now accepting only cryptocurrency, signaling a shift in popular businesses toward digital currencies.

A notable example is a bar in DC, previously frequented by Republican staffers, that will close and be replaced by a crypto-only venue. Pubkey, located in Greenwich Village and described as a “vibrant bitcoin community,” has taken over the lease of Hill Country, a popular Texas barbecue restaurant. Hill Country, with a 14-year history, has announced its closure in Penn Quarter.

> To the folks that care, welp, it’s Hill Country: https://t.co/xt12lYdY2W
>
> — PoPville (@PoPville) March 19, 2025

Pubkey’s imminent opening highlights progress for the crypto community in Washington, changing perceptions held by lawmakers who once viewed crypto supporters as fringe. The support of influential figures like David Sacks and Elon Musk, who backed Trump’s reelection, has elevated the crypto community’s standing.

Pubkey to Replace Hill Country

Hill Country was distinctive, decorated in a bold Texan style, and favored by Republican staffers seeking good music and food. Notable GOP figures, including Rep. George Santos, have frequented the venue, enhancing its reputation.

Trump, the first president to utilize Bitcoin for transactions, demonstrated support for crypto by purchasing $998.70 in smash burgers with Bitcoin.

Pubkey, which opened in 2022 near New York University, has a relaxed atmosphere and serves pub food prepared by an ex-employee of Eleven Madison Park, exclusively accepting cryptocurrency as payment.

Inclusivity at Pubkey

Pubkey owner Thomas Pacchia announced plans for a new location in Washington, DC. He expressed hope that the new pub would attract bipartisan interest, as both Democrats and Republicans are welcome to discuss Bitcoin.

As more crypto-focused venues spring up nationwide, the global crypto market cap stands at $2.85 Trillion, reflecting a 3.9% decline over the last 24 hours. Trump’s policies impact various markets, but the crypto industry anticipates future opportunities for growth.