Pint of Guinness? That'll be a bitcoin, please

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I suppose the ideal situation for bitcoiners, as well as hoping the value will appreciate, would be that it gets to the point where you can start to buy every day goods with them. Maybe….a pint, say? 2 years ago The Baggot Inn became the first pub in Ireland to accept bitcoin, and even had a bitcoin atm on premises. Sadly for bitcoin enthusiasts the Baggot Inn is no more and the bitcoin ... It includes Dublin’s Baggot Inn, where customers, pictured left, began using bitcoin to purchase pints. In December, the value of a single bitcoin hit an all-time high of $1,200 (€865). Chris Healy, Marketing and Events manager at The Baggot Inn, explained the straightforward system they're using. Behind the bar, the staff have a handful of tablets. They input the value of your ... The Baggot Inn used a payment provider that automatically converted the coins into euros, ensuring that the pub could accept payments without fear of losing money should the value of bitcoin ... In March this year, the Baggot Inn of Lower Baggot Street became the first Irish pub to accept payments in the form of the world’s newest and most controversial currency, the BitCoin. While the eyes and minds of pundits and politicians remain focused on the prospects, form and likelihood of economic recovery, the Internet has given rise to this curious financial innovation. A valid currency ...

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