The Address:
The New York Coin Center
167 Mott Street
New York, N.Y. 10013
Contribute by Cloud Mining NYC: https://www.nrmine.com/product-tag/new-york-coin/
A solution, at least to the latter problem, just may have been found by pub owner Alex Nicholas and attorney James Burrell. The two are promoting New York Coin, a cryptocurrency that has been mostly dormant since it was created in 2014. On the third Wednesday of every month, they hold court at Keats, a Midtown bar Nicholas owns, to preach the benefits of the coin, which they say is faster and less expensive to use than Bitcoin. To prove their point, Burrell used New York Coin to buy a Bud Light, and the transaction was confirmed in about 30 seconds, much to the delight of the crowd of 20 who came to the meet-up. In the coming weeks, the coin’s advocates plan to rent a storefront, preferably in SoHo, so passers-by can learn more about its benefits. Heading into last week, only Nicholas’ bar and a gym he owns accepted New York Coin, but its backers announced on Twitter that a Manhattan restaurant and a Brooklyn recording studio would soon take it. The tweet was hashtagged #real.
Burrell said he would be thrilled if New York Coin traded for $1 each. The odds are poor, considering 132 billion are in circulation and fetch about $0.0001 apiece. But it isn’t totally out of the question. Many of the nearly 30 cryptocurrencies currently worth more than $1 billion were dead in the water until last year. “I feel like I found a ’63 Mustang in a barn,” Burrell said. “It works. It just needs a paint job.”
