
“What do Offaly B&B The Ring, Dublin phone shop GSM Mobile and Wexford CCTV company Visiconnect have in common? They are all on a growing list of Irish businesses who will accept virtual currency Bitcoin from customers instead of euro. From Berlin record store Long Player to the Flower Lab, a florist in Santa Monica, California, more and more retailers are accepting Bitcoin as consumers increasingly buy into the currency, pushing up its value. Late last month, Reaney’s Burger Bear became London’s first street food vendor to accept the virtual currency. Within three weeks about 50 customers had used the facility, paying him by making a transfer with their smartphones.”
Related posts:
Federal Reserve Monetary Policy To Target Wealth Inequality?
Germany: Facebook must destroy facial recognition database
Why Did Lavabit Founder Shut Down His Company?
Construction and Real Estate Hinder China’s Growth
Tax-Free-Salaried OECD Calls For 'Income Inequality' Tax Overhaul
How rumor sparked panic and three-day bank run in Chinese city
Google, once disdainful of lobbying, now a master of Washington influence
Grand Theft Auto V sales zoom past $1 billion mark in 3 days
Another Swiss bank closes after US tax probe
Rare Look Inside A Swiss Gold Refinery
CIA helping boost arms shipments to Syria rebels
Homeless man jailed for charging phone in park
Richard Branson on bitcoin: Take that, Mr. Dimon
Sales of George Orwell’s 1984 skyrocket in wake of spying scandal
By reversing policy in Syria, the US is fuelling more wars in the Middle East