12 Jun '13, 1pm

Bottoms Up For Bitcoin - Banktech #bitcoin

Bitcoin is edging ever-closer to mainstream relevancy. Already, late last year, a European Bitcoin exchange announced it secured a license to operate as a payments service provider. The exchange, Bitcoin-Central, also announced its users accounts would be protected by the French equivalent of the FDIC (although many of the libertarians who staunchly advocate the use of the virtual currency precisely because it isn't associated with any central bank or government might not welcome that development). This week, news from England has come that a chain of pubs run by a former Cambridge University scientist has started accepting Bitcoins in exchange for pints of beer. According to Cabume, a tech news site covering the Cambridge, U.K. area, the owner of the pubs is a former Cambridge University computer scientist named Stephen Early. From Cabume: Early installed the system, and ...

Full article: http://www.banktech.com/payments-cards/bottoms-up-for-bit...

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