When Paddy and Sean are planning to go out on the St Patrick’s Day in Dublin, where can they change their BTC? In honor of St. Patrick’s Day, CoinTelegraph investigates just how much Ireland had been impacted by Bitcoin .
Although BitcoinCT r: 8 and cryptocurrency news coming from Ireland is somewhat few and far between, it would be wholly unfair to say that Ireland is devoid of the innovative technology. Beer and bread, the Irish way
As is well-known across the globe, the Irish have quite the taste for beer, so it is to no one’s surprise that one of Bitcoin’s first commercial uses in Ireland came in the forum of retailing pints of beer.
The pub in question, the Baggot Inn, installed a Robocoin ATM to encourage customers to trial the new payment system, with the first Bitcoin-bought pint being served in March 2014 to Michael Rudnicki. For those of you beer aficionados, it happened to be a bottle of Kopparberg cider, which he bought for 0.0093 BTC, worth €4.50 at time, but only €3.45 now, meaning you’d have to shell out 0.01 BTC if you wanted a pint nowadays. Sadly, after a change in management at the pub, the BTM and Bitcoin payment system were removed in October 2014, with the new owners saying: “We regret to announce [that] due to ongoing issues regarding the legality of Bitcoin ATMs in the Republic of Ireland, we can no longer accept Bitcoin payments .” However, another fine institution, Healy’s Lounge of Ballycastle, County Mayo, claims to have sold over 200 pints since it first introduced Bitcoin payments .
Another retailer venturing into the world of Bitcoin is Krüst Bakery, Ireland’s first Bitcoin-accepting bakery. It made its first Bitcoin sale of cronuts and coffee on 18th July 2014 to Peter Oakes, a […]
