In Russia, The Price Of Food ..Virtual Currency

The "Russian Cuisine" restaurant has become the first restaurant in Russia where the customer uses the virtual Betcuen coin to pay for lunch.

According to a press release issued on June 27, "The first guest to use the currency of Betcuain to pay his account, visited us on a pre-booked basis."

The virtual Bitcoin currency that can be used for financial transactions, including the purchase of goods or services online, appeared in 2009. There is a possibility to exchange and replace them in one of the classic currencies.

Western banks had earlier reported they had begun to deal with Bitcoin's virtual currency.

In Russia, the Bitcoin currency can not be traded yet. The head of the Russian Central Bank, Alvira Nabiolina, announced in early June that the central bank will study carefully the principles of the virtual currency. It will then take a decision to consider Bitcoin as a currency or digitally produced product.

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