Sunday, September 4, 2016

Bitcoin goes retail in Portsmouth, New Hamphire

Making Bitcoin Real: Portsmouth, NH, Businesses Begin Accepting BTC - Joel Valenzuela, Cointelegraph:

August 26, 2016 - "Another establishment has begun accepting Bitcoin as payment in what is fast becoming one of the most Bitcoin-centric towns in the United States.

"Street, a posh restaurant featuring food inspired from around the globe, began accepting Bitcoin earlier this month. The integration came as a result of outreach by Steven Zeiler, a local software developer and Bitcoin evangelist, who has also succeeded in getting a local yoga studio he frequents to take Bitcoin.

"Matt Carano, owner of The Music Class (which also takes Bitcoin) and former owner of the Pão Cafe,  one of the first restaurants in New Hampshire to take Bitcoin ... appreciates the ability to use Bitcoin locally, not just through online transactions....

"According to Mike Vine, technology evangelist for the Blockchain-based content-sharing platform LBRY, New Hampshire’s vibrant Bitcoin scene can be traced back to the Free State Project involvement....

"The Free State Project hosts the Porcupine Freedom Festival, or PorcFest, a weeklong festival in a mountain campground with a heavy emphasis on Bitcoin and decentralized technology. Largely thanks to the efforts of the Free State Project movers, New Hampshire ranks as one of the world’s most Bitcoin-friendly places.

"A touristy, seaside town of only 20,000 residents in a mostly rural state with a low population, Portsmouth is an unlikely destination for a vibrant Bitcoin community. Yet, in addition to the above mentioned businesses, it is also home to several Blockchain startups.

"Vine also founded the Praxeum, a Portsmouth-based co-working and community space, with Carano. He sees New Hampshire as a future renowned hub of Blockchain and decentralized tech innovation....

"Arcade City, the Blockchain-based ride-sharing service with a new app slated for release on September 1st, was founded in Portsmouth, and owes its origin to the Free Uber campaign, which protested against the city’s ride-sharing regulations by Bitcoin-funded swarm activism."

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