23 Jun '13, 10pm

Snap up a pint in Britain's first Bitcoin pub via @guardian

Bitcoin has its first British boozer. The Pembury Tavern in Hackney, east London – as well as its sister pubs in Cambridge, Norwich and Peterborough – are now accepting the virtual currency . It was pub group founder Stephen Early, a former computer scientist, who decided to give the currency a go. "I bought some in 2011 but there wasn't really anything to do with them," he explains. "So I did the equivalent of putting them in a drawer and forgetting about them." The coins were soon worth 20 times what he paid for them but Early still couldn't find anything to buy. He figured other Bitcoin holders might fancy spending their online cash on a pint. It took him just a couple of evenings to create and install a Bitcoin payment option; the pub was already using his custom-built till software. The system is quick and effective. The bar staff press two buttons on the till and the...

Full article: http://www.guardian.co.uk/technology/shortcuts/2013/jun/2...

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Snap up a pint in Britain's first Bitcoin pub

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