Bitcoins buy beer in Cambridge
Speculating on Bitcoin is all well and good, but what about real world purchasing? Well, there are a few enterprising corners dotted around the United Kingdom where brave business people have begun offering bitcoin payments. Just see Bitcoin Travel for examples, two of which can be found in the venerable city of Cambridge (which has a proud history of computer science). We spotted an article on a blog called Cabume, which describes itself as "Tech news from the Cambridge cluster". The post tells the story of Andrew Bower who bought a pint of beer for 0.0202 BTC, equivalent to £1.55 (GBP).....
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Andrew Reeve, CEO and founder of Honest Brew, thinks Bitcoin may become the preferred method of transferring funds online. Oh, how fast things change in the wonderful world of Bitcoin. Last Friday, Ohio regulators decided to ban Bitcoin-for-alcohol sales in the state. Today, I am glad to bring you a positive story about Bitcoin and alcohol. Let me introduce you to Honest Brew, a United Kingdom based company that wants to help you find and enjoy your favorite beers, wherever you want to drink them. What's more, they decided to accept Bitcoin as a method of payment. Bitcoins for beer, the....
The Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced the beginning of the Cambridge Digital Assets Programme today (CDAP). CDAP is a research project aimed at understanding the evolution of digital assets and value transfer systems. Cambridge Research For Crypto The University of Cambridge is launching a new project aimed at […]
Hidden from the prying eyes of the public, a new basement pub has set up shop in the heart of Tech City, East London. And as befits London's hub for digital innovation, you can pay for your beer with bitcoin. Only the second pub in London to accept bitcoin - Hackney's Pembury Tavern being the first - the Craft Beer Social Club is a roving pop-up pub stocked with British beer and hearty burgers. The pop-up is run by Justina Cruickshank, who began the business after getting bored with the limited range of beers that you find in normal pubs. But beer isn't the only thing on her mind: she....
The Cambridge Centre for Alternative Finance (CCAF) has revised its Bitcoin electricity consumption estimates, addressing longstanding concerns about the accuracy of its Cambridge Bitcoin Electricity Consumption Index (CBECI). The new study, titled “Bitcoin electricity consumption: an improved assessment,” dated August 31, 2023, has ignited discussions among crypto enthusiasts and environmentalists alike. Cambridge Revises Down False […]
Part of the bitcoin community has been abuzz regarding a tweet beer company Heineken sent out on Monday. The tweet read: "Our vision of the future? Drink real beer, pay with virtual money", with a link to the bitcoin foundation website. This left the community with a few questions. Could Heineken soon sell beer direct to consumers via bitcoin? What were they trying to say? Coinbase even responded offering to make it a possibility. We contacted Heineken to try and get some more answers, and just as most of us assumed, it was a joke with no real desire to make it a possibility. The company....