Largest jewelry shop in Minnesota accepts Bitcoin payment

Largest jewelry shop in Minnesota accepts Bitcoin payment
  • bitcoinBitcoin (BTC) $ 29,998.00 1.03%
  • ethereumEthereum (ETH) $ 2,032.24 2.62%
  • tetherTether (USDT) $ 1.00 0.11%
  • usd-coinUSD Coin (USDC) $ 1.00 0.1%
  • binance-coinBNB (BNB) $ 299.02 1.15%
  • xrpXRP (XRP) $ 0.420936 2.94%
  • cardanoCardano (ADA) $ 0.565783 0.75%
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  • binance-usdBinance USD (BUSD) $ 1.00 0.28%
  • polkadotPolkadot (DOT) $ 10.90 2.75%
  • bitcoinBitcoin (BTC) $ 29,998.00 1.03%
  • ethereumEthereum (ETH) $ 2,032.24 2.62%
  • tetherTether (USDT) $ 1.00 0.11%
  • usd-coinUSD Coin (USDC) $ 1.00 0.1%
  • binance-coinBNB (BNB) $ 299.02 1.15%
  • xrpXRP (XRP) $ 0.420936 2.94%
  • cardanoCardano (ADA) $ 0.565783 0.75%
  • solanaSolana (SOL) $ 53.98 0.45%
  • binance-usdBinance USD (BUSD) $ 1.00 0.28%
  • polkadotPolkadot (DOT) $ 10.90 2.75%
  • bitcoinBitcoin (BTC) $ 29,998.00 1.03%
  • ethereumEthereum (ETH) $ 2,032.24 2.62%
  • tetherTether (USDT) $ 1.00 0.11%
  • usd-coinUSD Coin (USDC) $ 1.00 0.1%
  • binance-coinBNB (BNB) $ 299.02 1.15%
  • xrpXRP (XRP) $ 0.420936 2.94%
  • cardanoCardano (ADA) $ 0.565783 0.75%
  • solanaSolana (SOL) $ 53.98 0.45%
  • binance-usdBinance USD (BUSD) $ 1.00 0.28%
  • polkadotPolkadot (DOT) $ 10.90 2.75%
BUSINESS

Largest jewelry shop in Minnesota accepts Bitcoin payment

The 12-time winner jewelry shop in the USA accepts bitcoin as payment.

05/11/2022

Largest jewelry shop in Minnesota accepts Bitcoin payment

Bitcoin is currently facing a bloodbath market, and investors are in survival mode. However, diamond store in Minnesota does not avoid the crypto sphere despite the bear market. 

The award-winning jewelry store, Continental Diamond is expanding customer services by adding cryptocurrency as a payment option. It is also located in St. Louis Park, Minnesota, USA.

Embracing bitcoin payment

Continental Diamond, founded in 1981, is constantly pursuing innovation with cryptocurrency. 

In addition, the diamond shop is continually providing fashion trending jewelry pieces, engagement rings, and timepieces across the state.

According to the press release, Continental Diamond is the first jewelry shop in the state to embrace cryptocurrency payment. 

President and co-founder of Continental Diamond Jimmy Pesis said, “We’ve always been more than a jewelry store.” He added:

“We are constantly innovating and creating an oasis you can’t wait to come back to! Accepting cryptocurrency seemed like a natural next step to adapt to the changing behaviors and preferences of our customers.”

Experiencing crypto winter

The volatility of the crypto industry is unavoidable, but the popularity of Bitcoin remains. 

Angel investor in DeFi projects, Santiago Santos, believes there is no existential risk to cryptocurrency while comparing his experience in 2012, 2014 and 2018. 

Santos recalled that those previous big crashes happened when Bitcoin had limited use. Unlike these days, cryptocurrency is driven by smart contracts which give rise to DeFi and NFTs. 

 

By Marielle Petere Wozinga Staff

Using Bitcoin as payment is a great deal for buying jewelry. Do you agree?

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