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Home HEADLINES

Bay Area Co-Op Serendipia Will Only Accept Payments in Cryptocurrency

Michael Roque by Michael Roque
February 27, 2018
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California’s Bay Area has embraced the cryptocurrency craze like no other. In recent months Berkeley city officials have considered helping the homeless get housing via cryptocurrency fundraiser. Let’s not forget about CryptoKitties, the modern day Neopets that have folks going mad.

That said, the cryptocurrency craze in the Bay Area is covering new grounds, the housing market. Sitting quaintly on a North Beach street is place where for, “entrepreneurs, startups, journalists, digital nomads, artists, changemakers, risk takers … crypto anarchists to sleep, work, and play in Silicon Valley.” This co-op is called Serendipia.

This North Beach neighborhood is kissing hard currency goodbye and fully embracing cryptocurrency like no other. Soon only cryptocurrency transactions will be made there. This will begin after it finishes listing on beenest, a site that has been dubbed Airbnb on the blockchain.

Jean-Loïck Michaux, the founder of Serendipia is a 26-year-old Belgian native. The neighborhood was created to be a network made completely of problem solvers. These problem solvers went on to create a crypto token called symbiosis. The coin is meant to help the co-op with its green-nudging, which will secure the co-ops efforts towards sustainable living and advancement.

Furthermore, this statement was reported by a local paper, “One of the “social good” enterprises members are involved in, Michaux said, is an innovation camp in Thailand. On a local level, he noted, the residents compost, and host yoga, meditation, and painting workshops. However, when asked whether or not Serendipia’s community had any social change projects built around perhaps the most vexing social issue for San Franciscans — homelessness — Michaux said only that residents occasionally donate clothes to the homeless.”

We can only assume that this is the beginning. The accomplishments and enthusiasm for cryptocurrency in the Bay Area will likely spread down to Los Angeles and upwards toward Washington and Oregon.

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