The first car purchased at a dealership directly for Dash | AutoFair Nashua
Something big happened this week.
The famous “Bitcoin Pizza” story was overshadowed by a punky, lesser-known cryptocurrency quietly occupying the number 12 spot on CoinMarketCap. The implications of this week’s event will be felt for decades and change the way the mainstream views cryptocurrencies forever.
One question plagues cryptocurrency users everywhere. Whenever you talk with doubters about the numerous advantages of using digital cash over fiat, invariably the response comes:
“But what can I buy with it?”
This question drives you nuts. You explain that at first, there was nothing you could buy with it. Then, there was pizza. Then coffee shops and yoga studios started accepting it. Then you could use a handful of janky websites to buy some (sometimes expired) digital gift cards. But now there is something much more real. More tangible. More serious.
A brand new car.
Yeah, you read that right. This week, the largest chain of auto dealerships in New Hampshire, AutoFair, sold a vehicle off one of their lots in exchange for DASH (digital cash).
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:
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…)
For Immediate Release:
Manchester, New Hampshire. Nov. 28, 2017.
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.