Well well well. The 8th Anniversary of the first-ever cryptocurrency purchase (10,000 Bitcoins for 2 Papa John’s pizzas in Jacksonville, Florida), and digital cash enthusiasts everywhere are celebrating by gathering to eat pizza and and spread their favorite money. Portsmouth, New Hampshire (aka “Bitcoin Village“) was no exception!
Originally posted to FreeStateBitcoin.com:
I still can’t believe it. I just watched this video by CNN about a New Hampshire man who is able to live his entire life on cryptocurrency. I’ve come close, but he’s got even me beat. Truly an impressive feat. To learn his secret, watch this video:
Amazing, Joël. Brilliantly done. You are welcome at the Free State Bitcoin Shoppe anytime! To level up your crypto game, attend the next Portsmouth Bitcoin Network meet up. Or if you’re super-serious, enroll in the Blockchain Institute of Technology.
Originally posted at FreeStateBitcoin.com:
This weekend, the Free State Bitcoin Shoppe went mobile for the first time. We attended a bitcoin conference happening in our hometown of Portsmouth, New Hampshire. The occasion is the arrival of bitcoin powerhouse Bruce Fenton, his businesses, and his family, to move to NH as part of the ongoing freedom migration that’s been happening for almost 2 decades. The conference attracted some of the most exciting and important minds from across the country to talk about the latest in digital assets.
The Free State Bitcoin Shoppe had an enormous presence, being one of the event’s sponsors. A booth loaded with crypto-themed shirts and accessories, plus pocked-sized secure bitcoin vaults, and a towering bitcoin vending machine kept busy all day as items were flying off the shelves. We sold out of many items, and were delighted to see our last digital vault go to a customer who asked to pay in encrypted Zcash. We still haven’t heard of any other retail store in the world doing that. (more…)
New Hampshire is home to many early adopters and users of cryptocurrencies. One recent example is the purchase/sale of a used Lexus automobile for crypto, half Dash and half Bitcoin. Parties used their phones to easily transfer funds within a Jaxx wallet—no bank involved!
Seller Mark Warden, broker of Porcupine Real Estate, works with property buyers and sellers who will transact in Bitcoin. Buyers Matthew and Brittany Ping, of Ledgeview Commercial Partners, run a residential property management firm, manage over 100 units in Southern New Hampshire and their company accepts rental payments in both Bitcoin and Dash. Both parties moved to the Granite State because of Free State Project.
New Hampshire is home to dozens of businesses that accept payment in cryptocurrency. There are multiple BVM (bitcoin vending machines) around the state. There is even a store in Portsmouth that transacts solely in crypto: Free State Bitcoin Shoppe.
A customer purchased a “Live Free or Die” wood plaque and a “Legalize Gay Marijuana” bumper sticker at the Free State Bitcoin Shoppe in Portsmouth, New Hampshire using an encrypted digital currency called ZCash. The cryptocurrency is the most private money ever created, relying on a complex mathematical principle called a “Zero-Knowledge Proof”. Essentially this customer took some digital cash, locked it in a box with a secret key, and sent the shop the key. There is no discernible trail left. No observer can look up the transaction on the blockchain, not even those who know the sending/receiving addresses. Pretty slick! Here’s what it looked like:
This marks yet another turning point for human freedom. An evolution on the creation of bitcoin, this new cryptocurrency offers features and advantages that bitcoin simply doesn’t. While many are still holding fast to the promises of failing Federal Reserve Notes, others are seeking alternatives and building more reliable systems that make extortion far more difficult. Learn more by following the Free State Bitcoin Shoppe on Twitter and by joining their email list.