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).
For the first time in over 2 decades, the Libertarian Party is having a primary in New Hampshire. While I would prefer NH to join the list of states that allows a party to opt-out of having a taxpayer funded primary, I will be voting in the Libertarian Primary and casting a ballot that looks like this:
Governor: Jilletta Jarvis Congress: Justin O’Donnell State Senate: Ian Freeman State House Cheshire 16: Darryl W Perry Sheriff: Aria DiMezzo (write-in) Treasurer: Kenneth Kelly III Register of Deeds: Darlene Lester
You can find your polling precinct, and a sample ballot here
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!
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:
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.
