This summer, the Keene Sentinel ran an excellent feature story about Bitcoin and the local businesses here that accept it. Now the Union Leader has joined in the cryptocurrency coverage in a lengthy story featured on their website that focuses on three cryptocurrency-accepting businesses statewide.
The grand opening of Portsmouth’s Free State Bitcoin Shoppe in September
Journalist Melanie Plenda does a thorough job in her story and gets some really useful and insightful quotes from the business owners she interviewed.
You can check out the story here on the Union Leader’s site.
If you’re a liberty-oriented cryptocurrency fan, ask yourself if this level of positive cryptocurrency news coverage is happening in your area. If not, you really ought to consider moving to the crypto-Mecca of New Hampshire. Here are 101 reasons why you should.
In the summer of 2016, Isabelle Rose launched her Keene, NH food truck, “Bon Vivant Gourmet Street Foods”, serving delicious Vietnamese food. From the beginning she was accepting Bitcoin! Though she’s closed for the winter and planning to open a sit-down restaurant next, Food Truck Operator, a food truck industry website, has published a piece featuring Isabelle.
Isabelle Rose, owner Bon Vivant – Gourmet Street Food
It’s great publicity for her and for Keene, which the article calls, “one of the most pro-bitcoin communities in the U.S., if not the world.”
The article also focuses on Keene-based beverage truck operator Doug Hildreth, who says he’ll be accepting cryptocurrency at his truck, “320Nitro”, when he reopens in 2018. You can read the full story here at FoodTruckOperator.com.
In 2010, dozens of libertarians, voluntaryists, and anarchists attending the Porcupine Freedom Festival put their signatures on the original Shire Society Declaration. The Declaration, since signed thousands of times online and in real life by people from across the globe, is a personal declaration of independence from the horrible idea of “the state”. You can read and sign the Shire Society Declaration here and for more history on its creation, see here.
Ron Paul Signs the Shire Society Declaration
Since the original two hemp paper Declarations quickly filled up with signatures, the artist who did the calligraphy, the Muslim Agorist aka Davi Barker created a bunch of smaller hemp paper replicas. Former Keene activist El Stone brought one of them to the Nexus conference in Colorado in late September 2017, where libertarian presidential candidate and all-around-hero to liberty Ron Paul was slated to speak.
According to witness and photographer Derrick Slopey, it all happened fast as Ron exited the stage. Stone was able to get his attention, unfurled the Declaration and asked if he’d sign it. Ron said, “Sure, I agree with all of this” and added his signature.
Derrick Slopey and Ron Paul at the Nexus Conference
The copy of the Declaration was the same Declaration that others at the conference had been signing, including Roger Ver aka “Bitcoin Jesus”. However, you can’t see any other signatures in the photos below besides Ron Paul’s as Stone is super-protective of the privacy of the signers on his declaration.
Kudos to Ron Paul for the amazing endorsement! Also thanks to Stone for being the one to ask him and Derrick for the photos. When we created it, I don’t think anyone imagined Ron Paul would join the Shire Society. What an awesome surprise and amazing validation for the Shire Society Declaration!
Many Shire Society members are moving to New Hampshire to concentrate libertarian action in one spot. You can connect with others already here and those planning to move on the Shire Forum.
Here are pics of Ron’s signature on the document: (more…)
Back in 2015, the Concord Monitor ran a front page feature on Keene’s Bitcoin Vending Machine (BVM). David Brooks, who writes their “Granite Geek” column has been following the world’s first cryptocurrency for a while, and also wrote a piece when Concord got its own BVM located at Area 23, a libertarian-owned bar.
Area 23’s Bitcoin Vending Machine
Now, Area 23 and the Concord BVM are back in the Monitor, with a piece published Friday in the Granite Geek column about why very few people are actually spending bitcoin these days.
Brooks’ gets it right when pointing out that people are reticent to spend a thing with a tendency to go up in value. However, he brings up a supposed environmental objection to the power consumed by the world’s bitcoin miners, claiming mining consumes significant power. I’d ask, what about all the banking infrastructure? How much power do their countless buildings with their lights and computers consume globally? I’d be willing to bet it’s FAR more than bitcoin – to the point of being incalculable. Cryptocurrency decentralizes money and threatens that old structure.
If it gets too expensive to run miners, people will stop. Meanwhile, there’s no need to fear power will run out. Necessity is the mother of invention and energy is neither created or destroyed. The market will keep finding ways to make energy cleaner, cheaper, and more efficient. Cryptocurrencies’ rise may further such development.
Thanks to David Brooks for his story. People are talking about bitcoin!
All Cryptocurrency’s Total Global Value Over $420 Billion!
What a ride! The total market cap of Bitcoin and all other cryptocurrencies combined passed $420 billion for the first time yesterday! For some perspective, keep in mind that the global market cap passed $100 billion for the first time in early June. It hit $200 billion five months later in early November, then about three weeks later hit $300 billion. It only took ten more days for the total market cap to pass $400 billion.
With some exceptions, overall, the rest of the cryptocurrency prices trend upward when Bitcoin Core (BTC) is going up. Bitcoin Core has been on a meteoric rise, with nearly a 2000% increase in its US dollar value in the last twelve months! Yesterday, BTC eclipsed over $16,000 according to BitcoinAverage.com. Two days prior to that, it was at $12,000.
When will these steady gains come to an end? Hard to say. Many fear a huge crash is coming, but then again cryptocurrency is uncharted territory. Just because there was a big crash in bitcoin in 2013 doesn’t mean anything for what’s happening now. The market was so small then by comparison to today. If you look at the market cap chart above, you can see that “big” crash at the end of 2013 – but it barely registers as a little speed bump, peaking then at around $13 billion, when compared to the monstrous $420 billion of value in all cryptos today.
Corner News’ owner Roberta Mastrogiovanni poses with her store’s brand new Bitcoin Vending Machine!
Obviously, rule number one of investing is don’t invest what you can’t afford to lose. If you’ve got money in cryptocurrency and you’re spooked and want to cash out, go ahead, just don’t cash it all out. Also, consider diversifying into other cryptocurrency besides BTC. That said, rule number one of bitcoin has always been to hold on for the ride. Don’t let the downs get to you. They will come at some point; the only question is how deep the price drop will be and for how long. It’s important to keep perspective – we’re still in the early days of this. Even though bitcoin is coming up on its ninth year of existence, it’s still young compared to all other forms of money that have been with us for centuries. This is new territory and anything can happen.
We’re all subject to our emotions and beliefs. I got spooked and sold some of the Shire Free Church‘s bitcoin for cash prior to the much-feared “Segwit2x” fork of Bitcoin that was supposed to happen in November, but never materialized. That bitcoin would now be worth three times as much USD had we held it. (more…)
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…)