Glasgow Pub Starts to Accept Digital Currency Scotcoin
The Arlington - a pub in Glasgow will start accepting the digital currency Scotcoin. For now, the cryptocurrency can only be used as settlement for one particular lager. Starting today on St. Andrew's Day, The Arlington - a Glasgowian pub will start accepting Scottish-based cryptocurrency Scotcoin. The pub is believed to be the first in all of Scotland to allow its customers to pay with the cryptocurrency. As reported by the Herald Scotland, the pub's Kenny Low admits that the pub will not be paying any worker in Scotcoin, nor buying any of its supplies with the digital currency. However,....
Related News
Temple Melville, Scotcoin’s majority holder, discusses the future of a cryptocurrency designed for the Scottish people. In late 2015, a major pub in Glasgow started accepting Scotcoin payments for pints. Scotcoin, a cryptocurrency created by Derek Nisbet, meant to serve as a currency for Scotland as an alternative to the British Pound, rose into prominence before Scotland’s referendum for independence from the United Kingdom. Rather than fading away after the “no” vote, Scotcoin has continued to rise in the cryptocurrency charts since. CoinTelegraph spoke to Temple Melville, majority....
The Scotcoin Project announced that they are to phase out the existing 'standalone' SHA256 Scotcoin network and fully migrate to the Counterparty solution, as a Digital Asset, utilizing the Bitcoin network infrastructure. Derek Nisbet, Founder of Scotcoin said: "Following on from the successful launch and subsequent roll out of Scotcoin directly to the Scottish people, and with the ongoing interest in developing further solutions for Scotcoin, we faced a real issue with respect to maintaining the integrity of the existing network, as Scotcoin was built on it's own blockchain. Thanks to the....
Scotcoin is getting its day in the sun as RT News put out a story highlighting the cryptocurrency’s viability in a post-Brexit Scotland. The Russian-owned alternative news source interviewed Willie Fleming, the director of the Scotcoin Project, about the Scottish cryptocurrency. “Scotcoin is a cryptocurrency much like many other cryptocurrencies, similar to Bitcoin, one designed specifically for use by the Scottish people”, says Fleming. Scotcoin as alternative to traditional money transfers, and Bitcoin Fleming outlined the advantage provided to everyday Scots, showing how using Scotcoin....
When Scotland was contemplating seceding from the United Kingdom, some citizens put forward proposals that an independent Scotland should adopt bitcoin-or another cryptocurrency such as the Scotland-themed Scotcoin-as its national currency. However, Scotland voted down the independence referendum, meaning that Scotland will remain in the United Kingdom and retain the British Pound as legal currency. Once this became clear from the polls in the days leading up to the vote, the Scotcoin price dropped. However, despite its decline, the Scotcoin price has avoided collapse. Scotcoin Price....
The Scottish referendum is well known to anyone who has been following the news closely. Scotland, which is currently part of the United Kingdom, has expressed its desire to be independent. On this topic, the people of Scotland held a referendum where they voted for or against Scotland's separation from the country. While the voters against independence won with a narrow margin, one of the concerns raised about the after-effects of independence was about currency. Scotland has been and still uses the pound sterling as its currency, and splitting from UK would have meant changing their....