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Regulators and we are not in the wild west. >> can i pay with this for bitcoins? >> reporter: despite the swings, the managers say they're convinced bitcoins have benefits for businesses and are here to stay. >> if everyone would use bitcoins, i would love that. i wouldn't have to deal with waiting for credit cards. it would be a much smaller processing rate. >> reporter: people find a way to pay for a good drink one way or the other, but they hope the experiment will raise the currency profile, at least in this new york bar. maggie lake, cnn, new york. and "cnn newsroom" continues with the ...

New currency. >> no, you don't get a regulator, and there is a reason we have regulators and we're not in the wild west. >> can i pay with bitcoin? >> despite the stomach turning swings, they are concerned they have real benefits for businesses and are here to stay. >> if everyone would use bitcoins, i would love that. i wouldn't have to deal with waiting for a credit card and it would be a smaller processing rate. >> people find a way to pay for a good drink one way or the other but he hopes the payment experiment will raise the currency profile at least in this new york bar. >> let's talk ab...