We watched as actual cash became obsolete with the rise of credit and debit cards, and today we have a new currency on our hands – bitcoin. Bitcoin is the leading cryptocurrency and is rising in both value and popularity. In Las Vegas, bitcoin can even be used to book hotel rooms, eat out, and more! Highlighted here are venues all across Vegas that accept bitcoin and the best ways to utilize this new type of currency.
What is Bitcoin?
Before we dive into how to use bitcoin for your weekend in Vegas, let’s talk briefly about what bitcoin is! Bitcoin is a cryptocurrency, meaning that it is bought, traded, and sold using cryptography to secure transactions. Bitcoin was the first decentralized digital currency, and there are now other competitors (like Ethereum) that operate under similar principles. Bitcoin is bought, sold, and traded through digital wallets.
Who Accepts Bitcoin in Las Vegas?
Every year we see more establishments accepting bitcoin as a form of payment. But, The D and Golden Gate were the first ones in the area to accept the cryptocurrency. Because of this, we are ahead of the trend and can accept bitcoin for dining, hotel reservations, our gift shops, and at the front desk.
Bitcoin purchases at our hotels are processed through BitPay, a service that streamlines transactions on mobile devices. Our cashiers are equipped with BitPay so you can easily pay for services using your mobile wallets. In response to guests’ increasing interest in using Bitcoin in Las Vegas, our co owner and CEO, Derek Stevens, said “I’m proud that the D and Golden Gate will be the first casino properties to accept Bitcoin. We’re located in the growing high-tech sector of Downtown Las Vegas, and like all things Downtown, we’re quickly adaptive to new technology.” The one exception is at the casinos, where only US currency is accepted for all gambling.
In addition to The D and Golden Gate, the following locations in Las Vegas also accept bitcoin:
–Rocket Fizz (has a bitcoin ATM)
–Ketchup Burger Bar (has a bitcoin ATM)
Bitcoin is still in its infancy in Las Vegas, and The D and Golden Gate remain on the cutting edge of this technology.
How to Use Bitcoin in Las Vegas
So, how exactly do you convert a cryptocurrency into real money you can use in Vegas? The easiest and most accessible way is to use a Bitcoin ATM. These ATMs work by connecting your bitcoin account and turning bitcoins into cash. Or, you could shop at places that use a bitcoin transaction software like BitPay. Check out this list of Las Vegas bitcoin ATMs to locate one near where you are staying. Las Vegas has ATMs both on and off the Strip.
We live in a day and age where you can use bitcoin to enjoy yourself in Vegas. Enjoy a famous chili dog at American Coney Island or a fine steak meal at Andiamo Steakhouse without even having to take out your wallet!