Business 5 October 2018

Paul How

New BrewDog branch accepts Bitcoin BCH

The BrewDog Canary Wharf, the latest of BrewDog’s numerous bars scattered across the UK, will be accepting Bitcoin Cash (BCH) as payment, the company announced.

To make its launch on October 19 more exciting, the first 100 people at the 12 p.m. opening will be given BCH wallets, containing random amounts from £12-£100 ($16-$130).

“At BrewDog we have worked our entire lives to challenge perceptions and be bold and uncompromising; the developers and miners of cryptocurrency are exactly the same. Adopting alternative payment options for craft beer is a natural fit. And what better place to start subverting the norm in financial transactions than the heart of London’s financial docklands?” BrewDog’s blog post reads.

BrewDog is also looking at expanding its acceptance of BCH beyond just Canary Wharf. “[W]e hope to eventually roll out this way of paying into all of our UK BrewDog Bars,” it said. The menu selection includes “20 taps of super-fresh craft beer, takeaway bottle and can options, and our loaded menu of burgers, pizza and wings.”

To participate in the BCH wallet giveaway, all you need is to download a Bitcoin.com wallet app. “On top of this, any purchase of beer from the bar between Friday and Sunday October 21st (however you pay) will enter you into a raffle to win a wallet containing Bitcoin Cash to the tune of £500 ($650),” BrewDog said.

The bar has raised funds through its Equity for Punks program, where members are eligible for discounts and special offers, and are privy to the Annual General Mayhem party. The program is closing on October 15, but not after having attracted attention for the way it has “revolutionized small business finance” the past few years.

BrewDog said, “The people who have invested in us and become Equity Punks have shown the city slickers what can be achieved with taking charge of something you believe in. Cryptocurrency is exactly the same.”

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.

COMMENT

latest news

Consensys announces partnership with LVMH, Microsoft

Business 29 minutes ago

Consensys announces partnership with LVMH, Microsoft

Consensys has just announced that they are partnering up with the luxury goods conglomerate LVMH and Microsoft for a blockchain-based platform.

Read More
Crypto in Africa: SA backed digital currency, users get a new app

Business 45 minutes ago

Crypto in Africa: SA backed digital currency, users get a new app

South Africa is looking at developing their own stable coin, and Kudi exchange is looking to expand their services to the continent.

Read More
World Bank, CommBank collaborate to enable secondary bond trading

Business 58 minutes ago

World Bank, CommBank collaborate to enable secondary bond trading

The World Bank have joined with CommBank to create a first of its kind process that will be able to record secondary transactions on distributed ledgers.

Read More
[data-clipboard-demo]
[data-clipboard-demo]
[data-clipboard-demo]
[data-clipboard-demo]
[data-clipboard-demo]
[data-clipboard-demo]
[data-clipboard-demo]
[data-clipboard-demo]