EverBowl believes that current traditional payment methods are not good and that we are in the initial stages of adopting Bitcoin.

Following El Salvador's initiative to adopt Bitcoin, many government officials and companies officially plan to adopt Bitcoin in their payment systems. However, in El Salvador, many companies (financial, tech and non-tech) accept bitcoin on an ongoing basis by law. But for those companies that are not in El Salvador, adopting bitcoin is not easy. However, there are many problems with Bitcoin adoption, such as rules and laws, but companies are still accepting it, which clearly shows that Bitcoin is in a different position in the financial system with a unique form of currency.

In an interview with Yahoo Finance on February 5, Jeff Fenster, founder and CEO of Everbowl, shared his plans for bitcoin adoption.

Jeff says there's not much benefit to using cash-based payments in this day and age.

“We have concluded that conducting business in 2022 and beyond is not the most advantageous or safest way to operate a business on a cash-only basis.”

Everbowl's CEO also noted that we are still in the initial stages of Bitcoin adoption, whether it be a country or any company, but we will continue to support Bitcoin.

“I know it’s still early days as far as corporate adoption and the adoption of Bitcoin by governments, but we plan to contribute to the cause by our example.”

Michael Saylor, CEO of business intelligence firm Microstrategy, also shared the news on his official Twitter account and informed his followers that Everbowl will be supporting Bitcoin by keeping its funds in Bitcoin.

California-based superfood chain Everbowl™ will now operate its business to the Bitcoin standard and convert its cash reserves to #Bitcoin. https://t.co/Fq95HbVF7A

– Michael Saylor ⚡️ (@saylor) February 4, 2022

However, this is not 100% confirmed, but it has been reported that Everbowl may allow its employees the option to accept a portion of their bitcoin wages.

Also Read: Jack Dorsey's UBI Plan to Drive Bitcoin Adoption