7 October 2022
Indian Tea Seller Accepts Crypto Payments, Becomes Twitter's Favourite
A tea stall owner in Bengaluru, India, is grabbing all the limelight after accepting cryptocurrency as payment at his tea shop. His tea stall named ‘Frustrated dropout’ became popular in the tech capital after his story went viral on social media.
A Twitter user named Akshay Saini shared this tea stall owner's picture and wrote, “Just Bangalore things. #crypto #NammaBengaluru(Sic)” The picture is all over the internet and people have so many questions about the ‘Frustrated dropout’ already.
A user asked, “How does he accept crypto? Which all coins are accepted? How does he decide the exchange rate? I have so many questions (Sic)”
Another user wrote, “If you know this guy, pass him another idea: "NFT chai" --own the chai you drink. (Sic)”
According to the report in The New Indian Express, the tea seller who is accepting crypto is Shubham Saini. He started his tea stall at Marathahalli of Bengaluru with an initial capital of ₹30,000. The report also said that he started this tea stall after he lost a huge amount as a crypto trader when the market plunged in the year 2021.
According to the reports, the tea seller who is accepting crypto is Shubham Saini. He started his tea stall at Marathahalli of Bengaluru with an initial capital of ₹30,000. The report also said that he started this tea stall after he lost a huge amount as a crypto trader when the market plunged in the year 2021.
Saini has placed a placard where he updates the prices after comparing the US dollars to Indian rupees for the crypto payments.
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.