Speaking with CBS Miami mere days after the hotel began accepting Bitcoin, Clevelander spokesman Jeff Turgeau said:
The impact has been very high. Throughout the course of three days we have generated an additional $100,000 in food and beverage and hotel room revenue.”
Florida has become a hot spot of Bitcoin-related news of recent. Last week, an attorney representing accused Bitcoin money-launder Pascal Reid challenged those charges on the grounds that Florida’s legal definition of money doesn’t apply to Bitcoin or any other virtual currency.