Red Ice News

The Future is the Past

Bistro becomes first to accept online currency Bitcoin as payment in Scotland
New to Red Ice? Start Here!

Bistro becomes first to accept online currency Bitcoin as payment in Scotland

Source: dailyrecord.co.uk


The Brooklyn Cafe, in Glasgow’s Shawlands, is the first restaurant in Scotland to allow customers to settle their bills using the internet-based digital currency system, which is faster than using traditional debit or credit card.

A Bistro has become the first restaurant in Scotland to accept online currency Bitcoin as payment.

The Brooklyn Cafe lets customers settle their bills using the internet-based digital currency system.

The idea was the brainchild of manager Jonny McDonald, who has worked at the cafe for 13 years.

The family-run business, in Glasgow’s Shawlands, started accepting the payment system in late December and made their first Bitcoin transaction last week when a customer settled his £42 – or 0.06938312 Bitcoin – bill.

People keep their Bitcoins in virtual online wallets and use specialist software on their mobile phones or computers to transfer funds to others.

After scanning a special barcode in the cafe, customers can transfer the virtual cash over the internet to settle their bill.

Dad-of-two Jonny, 27, said: “Our first Bitcoin payment was very exciting.

“When the customer said how he wanted to pay, we checked the value of Bitcoin on various sites, and I gave him the best exchange rate I could find at the time.

“A lot of people have been talking about Bitcoin and we have found that a lot of our customers know about the currency, although not many actually have them so far.”

Paying by Bitcoin is faster for customers than using a traditional debit or credit card.

Transaction fees are also lower than the 2–3 per cent imposed by credit card companies.

[...]

Read the full article at: dailyrecord.co.uk



Tune into Red Ice Radio:

Clif High - Hour 1 - Bandwidth Caps, Bitcoin, ISON & Nummo Origins

Jason Erb - Hour 1 - Economic History & Alternative Currencies

John Perkins - An Economic Hitman on Predatory Capitalism & Corporate Monopoly

Catherine Austine Fitts - Swine Flu, Vaccination & The Economy

Bill Still - Hour 1 - Fixing Greece, The Crumbling EU & Monetary Reformation

Walter Block - Hour 1 - Libertarian Philosophy & Anarcho-capitalism

Tracy Twyman - Alconomics, Money & Magic

Comments

Red Ice Radio

3Fourteen

UK White Riot: Channeling The Rage
Jayda Fransen - UK White Riot: Channeling The Rage
The Covid to "Hate" Pipeline & Imprisonment For Protesting Covid Rules
Morgan May - The Covid to "Hate" Pipeline & Imprisonment For Protesting Covid Rules

TV

Muh Blitz
Muh Blitz
The Culture War Is Far From Over - FF Ep284
The Culture War Is Far From Over - FF Ep284

RSSYoutubeGoogle+iTunesSoundCloudStitcherTuneIn

Design by Henrik Palmgren © Red Ice Privacy Policy