Making Bitcoin Real: Portsmouth, N. H., Businesses Begin Accepting BTC
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....
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Interesting things are happening in Portsmouth, as this city in the United Kingdom has announced their progress of bringing Bitcoin to retailers and consumers alike. Months of hard work have finally paid off, as the first Bitcoin ATM has been installed in Hampshire. A special event was organized on Friday the 13th of November, and there is much more coming. The city of Portsmouth has always had a vibrant Bitcoin community, although things have been relatively quiet regarding adoption by merchants and retailers. That situation is about to change, though, now that Portsmouth Crypto, in....
Beginning on the 20th of March, dozens of local bars and restaurants in The Hague, Netherlands will begin accepting bitcoins. The event is called Bitcoin Boulevard, and it's all taking place on the World Canal, otherwise known as Culinary Avenue - making these businesses really accessible and allowing visitors to pay for their food and drink with the digital currency. "With a smartphone, with the right app or an online wallet anyone can pay. But first buy some Bitcoin of course," said Peter Klasen, spokesperson for Bitcoin Boulevard (according to a translation made by a user on Reddit).....
In a long SEC filing from today, PayPal states that its merchants can now begin accepting Bitcoin. As the original text to the filing reads: A merchant can typically open a standard PayPal account and begin accepting payments through PayPal within a few minutes. Most online or mobile merchants can onboard quickly and are not required to invest in new or specialized hardware. Our Payments Platform supports growth with a variety of value-added services designed to help businesses of all sizes manage their cash flow, invoice clients, pay bills, and reduce the need for merchants to receive and....
In late October, there was a brief mention of retailer Overstock.com in a New York Times piece that noted the online retailer was considering accepting bitcoin, but decided they would put a hold on that objective (partially due to the fact that bitcoin is still a 'gray area' in terms of financial law). It would appear that Overstock is once again revving their engines on that front, with the company telling newsBTC that they plan to begin accepting bitcoin in the second half of 2014 - making them the first big retailer in the space to do so. The announcement comes directly from....
Bitcoin and the crypto economy have been making their way into the world of real estate these days. A recently published report shows that Realtor.com data indicates that people selling property for crypto assets have risen a great deal. Statistics show that there are 14.3 crypto accepting listings per 100,000 homes in the company database. Real Estate Listings Are Seeing More Bitcoin Acceptance for Homes and Properties According to a report from Yahoo Money, the housing market and bitcoin are starting to “collide.” The report talks with real estate agent Whitney Pannell who....