26 Jul '13, 2pm

Satoshi Square gatherings are a source of local #bitcoin liquidity but, more importantly, a way to build a...

Satoshi Square gatherings are a source of local #bitcoin liquidity but, more importantly, a way to build a...

I walked into a bar on Monday evening in midtown Manhattan. Two men were smoking outside and I overheard a passing reference to bitcoins. No, I hadn’t time-traveled into a future world in which the virtual currency bitcoin is a standard for daily transactions. I was attending the now-regular Satoshi Square meet-up, which strives to be a local source of liquidity for people who want to buy or sell bitcoins in exchange for cash. Saumya Vaishampayan/MarketWatch The entrance to EVR, a bar that accepts bitcoins. And this wasn’t just any midtown watering hole. It was EVR, a New York bar that accepts bitcoins in payment . One of the people behind EVR is Charlie Shrem, a self-proclaimed bitcoin evangelist who is the chief executive of BitInstant, a bitcoin company. (Shrem was in the bar on Monday and stopped by the event a few times to talk to people.) The need for such local liqu...

Full article: http://blogs.marketwatch.com/thetell/2013/07/26/i-walked-...

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