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.
Luckily, thanks to an NH-based upstart from the Seacoast called Anypay, now merchants can accept DASH at point-of-sale. In fact, here in Keene, New Hampshire, local mom-n-pop retailers Corner News, Hot Hogs BBQ, D’s Cafe, and Route 101 Local Goods all now accept DASH at the register via the Anypay app.
It’s a relief to be able to use cryptocurrency again retail in real life, with fees that are sane. Fees for sending are usually no more than 1-3 cents’ worth of DASH per transaction, and they’re expected to get even lower with DASH’s next upgrade. Compare that with Bitcoin’s recent, insane $10+ median fees recently. Over the last couple of days they’ve dipped, but are still over $6 worth of BTC just to send a transaction. It’s sad – Bitcoin is broken, yet amazingly continues an upward trend in value, just today setting a new record high of over $8,000 USD per BTC.
Right in the midst of the DASH retail explosion happening in both Portsmouth and Keene, Lamassu, the manufacturer of Keene’s first Bitcoin Vending Machine released a long-awaited system update that has expanded their software to allow for multiple cryptocurrencies to be vended. Since DASH is uniquely positioned as “digital cash” and has growing point-of-sale support in the Keene area, it is now the first additional cryptocurrency besides bitcoin to be offered as a vended product in this region. (more…)
Billions in remittances are annually sent from folks in the USSA to their friends and families elsewhere. For decades, firms like Western Union and MoneyGram took a hefty fee for this service. But today, with the emergence of peer-to-peer digital currencies like Dash, money transfers can be done more speedily and with a much lower fee. This latter route can now be pursued by residents of San Antonio, Texas thanks to the existence of a Dash-enabled General Bytes Machine at LOL Liquors.
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.
The crypto-economy grew a little bit larger today when the popular downtown shop Portsmouth Smoke and Vape started accepting Ethereum, Dash, ZCash, Litecoin, and Bitcoin. Customers can now buy all the glass, incense, vaporizers, cleaning kits, tobacco products, e-cigarettes, and accessories they could possibly want — all using digital cash.
They sell online too, so if your current local shop won’t take your litecoin, consider getting your items sent right to your house instead by buying at their website! You can keep the same privacy you would get from a cash transaction as your local shop, plus you get the advantage of online shopping.
My partner and I learned that the owner was looking to take bitcoin due to increased demand from customers asking if they could pay in the digital currency. He thought it was a great idea and stopped into our shop to ask how he would get set up to take it as payment. We met the next morning, and it took less than an hour from start to finish. All it took was downloading an app and clicking through a few prompts to set up 5 different secure digital wallets. Now his business can take payment in 5 popular cryptocurrencies.
One cool and unique thing about the way they set it up is that the owner linked his store’s crytpo wallets with his phone. That enables him to see when a payment has come in, no matter where he is, plus he can then send the coins to a secure wallet that employees can’t access. Try doing that with a traditional cash register!
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