Everbowl, a California-based craft superfood chain, has stated that it will transition its business operations to a Bitcoin standard. They are turning their cash reserves into the flagship cryptocurrency. The company has conducted research and spoken with advisers about its available options to move its “treasury into BTC” and “how to manage the firm utilising a bitcoin standard”.
Jeff Fenster, the founder and CEO of Everbowl, added that he recognises that it is “still early in terms of business and governmental acceptance of Bitcoin.” The CEO further said that the company intends to “contribute to this cause by leading by example.”
He went on to say that a “disruptive growth firm” should constantly be “ahead of the pack and take the lead by adopting new technologies early rather than late.” Fenster also believes that the bitcoin standard will eventually replace the gold standard.
