Wow, what an incredible day. It began at noon, when a man who had walked in weeks prior to buy his first bitcoin, returned to spend some on a 3D-printer kit to build with his son. Then, nationally-syndicated radio hosts Ian Freeman, Mark Edge, and Darryl W. Perry arrived and set up microphones to record an episode of their show Free Talk Live. Finally, we all headed over to the Seacoast Repertory Theatre for the 5-year Anniversary Screening of Victimless Crime Spree!
Here’s what you missed:
Broadcasting From the Free State Bitcoin Shoppe’s Grand Opening in Portsmouth, NH :: Operating the Store :: Is Bitcoin the Best? :: Bitcoin and Banks :: World Famous Bitcoin Tour :: Derrick J’s Favorite Customer Stories :: Joel Valenzuela from Dash Force News Joins Us :: Cryptocurrency Acceptance in Other Countries :: Bitcoin Vending Machine :: Victimless Crime Spree Fifth Anniversary
When most people think of New Hampshire, a few images come to mind: colorful trees, maple syrup, covered bridges, people with guns, and the great outdoors. They probably don’t think of high-tech cryptocurrency. But that’s changing, thanks to the great libertarian migration of the 21st century.
Anarchists and libertarians are moving en masse to escape oppressive political masters in their homelands to find peace and prosperity in tax-free, freedom-loving New Hampshire. With them, they are bringing their favorite freedom-enhancing technology: blockchain-based money.
Overstock.com reported that the day they started accepting bitcoin for payment, a third of all their orders came from New Hampshire. New Hampshire is only state that explicitly exempts crypto-currency businesses from requirements to register as money transmitters, attracting job-creating startups like Lamassu, LBRY, AnyPay, and more. No longer does Silicon Valley hold a monopoly on tech: the Swarm.City team could have launched from anywhere in the world, and they chose Portsmouth, New Hampshire. This week the Monadnock Shopper, a New Hamphire newspaper with 40,000 readers, published a front-page above-the-fold article about bitcoin and all the businesses in the area that accept it.
It can be hard to keep track of all the cryptocoin development happening in New Hampshire. That’s why David Jurist started Shire Cryptocoin, a website that tells you the closest businesses where you can buy and spend your cryptocoins, which ones they take, and when there are meetup groups in your area where you can learn and get your questions answered.
Shire Cryptocoin recently appeared at SomaliaFest 2017, and they were the best vendor there in my opinion, because they helped people get better money than what they had in their pockets. I used their service to trade bitcoin for litecoin, dash, and ethereum. I had a great experience, and I wanted to spread the word. Here’s a video I made about them:
FOR IMMEDIATE RELEASE:
Portsmouth, NH – The Seacoast Repertory Theatre’s bitcoin vending machine now offers Dash. The founder of Portsmouth-based digital currency company AnyPay, Steven Zeiler, says “Dash is newer than bitcoin and is more widely used on the Seacoast. Dash offers faster confirmation times and greater privacy than bitcoin.”
Bitcoin has been a popular digital currency in New Hampshire for years. Because of its recent rise in use worldwide, the fees for sending payments have increased significantly — from about 5 cents per transaction a few years ago to about $3 per transaction today. “This is great for large companies sending millions of dollars across the world instantly,” says Zeiler. “$3 is a real bargain compared to what they currently pay. But everyday bitcoin users accustomed to buying a $2 coffee with bitcoin are unwilling to spend an extra $3 just to use the digital currency.” This created an opportunity for new digital currencies to enter the market and specialize in faster payments and lower fees.
Seacoast residents have been using Dash for about a year, buying everything from soaps and salad dressing to haircuts and bacon. Some even offer a discount for customers who pay with Dash. But getting it was always a problem. Users needed to have bitcoin first, or trade a good or service to get Dash. Zeiler says, “Until now, it was only possible to get Dash in exchange for another digital currency. Now people can retire their dirty old federal reserve notes into the machine where they’ll be shredded. Just kidding.”
The price of one Dash is currently just under $200. Users can also buy bitcoin from the machine for under $3,000. Digital currencies offer users a way to hide their money from the government and buy things that would otherwise be impossible to purchase like high-quality lab-tested recreational drugs. New Hampshire governor Chris Sununu signed legislation this week extending protection to businesses that use digital currency from regulation, making it the most cryptocurrecy-friendly state in the nation.
The bitcoin vending machine is located to the left of the box office inside the Seacoast Repertory Theatre at 125 Bow St in Portsmouth, New Hampshire. The Seacoast Rep accepts bitcoin for tickets to their live performances.
ANOTHER New Hampshire restaurant now takes bitcoin! STREET, a trendy restaurant on the hipster West End of Portsmouth became the latest business in the Live Free Or Die state to trade goods and services for the new money. I stopped by with my partner Steven to have Sunday Brunch. He had biscuits and gravy with an avocado omelette. I had bacon and avocado in Scrambled eggs with a Hash brown. When we were done, we paid in bitcoin! Thanks STREET!
Steven Zeiler was just on the phone with a local journalist talking about businesses in Portsmouth accepting bitcoin! Earlier this week, he helped a local restaurant start accepting it, and a few months ago, he set up a Bikram Yoga studio to take bitcoin as payment. It’s easy!
It’s beautiful and simple, yet transformative. Convert paper currency into cryptocurrency with a single button. Spend it in the bar, diner, or dozens of other bitcoin-accepting businesses in Manchester. Check it out at Murphy’s Taproom today!
Steven and I went to eat at one of our favorite restaurants in the famous Haight-Ashbury neighborhood last night, and instead of using a WageCan debit card, credit card, or cash, we used bitcoin! That’s because we helped the owner get set up accepting bitcoin through payment processor BitPay. I used the AirBitz wallet to pay the bill. It was fast and easy. Check out this video of our success!
Steven Zeiler spoke at Blockchain University about Ripple, Interledger, and a new type of payment protocol for sending value over the internet. This 2-hour presentation took place in Mountain View, California. This lecture is interactive, so you will be asked to download a wallet and try sending payments across networks. You will even learn how to issue your own currency or commodity on the Ripple network.