London's First Bitcoin ATM Launches in Trendy Shoreditch Bar
In just a few weeks, the options have doubled for people in London who want to buy their bitcoin instantly with cash, rather than via an online transaction and all the proof of ID/bank payment rigmarole that entails. If you hadn't guessed, those options have gone from just one to two, but the speed at which they have appeared is a sign that bitcoin is increasingly being seen as a viable business option in the UK. First to provide a walk-in service for bitcoin purchases was Azteco, London's very first BTC voucher shop, which opened on 17th February in the east of the capital. And now, less....
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London establishments are slowly but surely turning to bitcoin. First the Pembury Tavern started accepting the digital currency, now The Old Shoreditch Station - a coffee shop near Silicon Roundabout. On a recent flight between the French city of Perpignan and London, the owner of the coffee shop met a bitcoin evangelist, who extolled the virtues of the digital currency and convinced him to accept it as a payment method in his shop. Nick Letchford, managing director at The Old Shoreditch Station, said: "We are a forward-thinking business and have always prided ourselves on supporting all....
A two-way Robocoin bitcoin ATM has just landed on the shores of England, thanks to the efforts of Global Bitcoin ATM, a UK-based company. Located at Worldwide Connection, an Internet cafe in Holborn, central London, it is the first Robocoin machine in Europe and the first two-way ATM in the UK capital. Getting it here wasn't the easiest process, though, says Global Bitcoin ATM's co-founder Jean Paul. It took the company over four months to order, receive and ship the machine across the pond. Said Paul: "We thought it was a great business idea. We wondered, 'Is anyone is doing that? No....
Our London columnist Nick Ayton reports on an Ethereum-related accident in Shoreditch, discovers the Blockchain Book of Mormon and crypto Bite-Coin in the Tower. Mans passes out counting his Ether. A man was found unconscious at a flat in Shoreditch. Ambulance services arrived at 12 o’clock and it took several hours for the man to regain consciousness. An ambulance worker states: “There was an odd gas like smell and we immediately thought about the possibility of an explosion…but it wasn’t like anything we had experienced before.” He goes on, and on: “Finally the man woke up and explained....
Shortfalls in key skills and talents slow Blockchain’s progress to mainstream adoption. Griff Green, a crypto pioneer, said to a packed house during the Blockchain Expo London 2017 (@Blockcchain_Expo): “There was severe shortages in Ethereum resources, specifically Solidity developers, especially those with smart contracts experience.” Our London correspondent Nick Ayton asks digital headhunter Philip Butler, director of Larson Digital, what impact the skills shortage is having on Blockchain. Philip Butler says: “We don’t see many CVs coming across our desks, and so we have to search for....
This coming weekend and the following week will be an interesting time for Bitcoin users, fans and businesspeople to visit London. In addition to the Inside Bitcoins conference (disclosure: CoinTelegraph is a media partner for that event), there will also be an ongoing series of events around Shoreditch to bring Bitcoin use — and general awareness of the currency — to the average consumer. The latter festival, BlockStock (think “blockchain” + “Woodstock”), starts Friday evening and continues for 10 days in and around London’s Tech City. “When you go to all these Bitcoin meetups, it’s all....