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Staff Thoughts

Crypto Friendly Wine Bar in Portsmouth, NH

La Maison Navaree has been taking crypto payments for the past few months, but have just recently opened their Wine Bar. Use your cryptocurrencies and get authentic French Wines in Bitcoin Village. La Maison Navarre is located in downtown Portsmouth on Bridge Street.

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Staff Thoughts

Crypto City reddit page

New reddit page is a place to learn and discuss all that is happening in the most crypto friendly city Portsmouth, New Hampshire. Join the page and help build the community to keep Portsmouth in the forefront of crypto innovation.

Crypto City reddit page

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Staff Thoughts

Aristotle says Bitcoin is good money

Bitcoin fits Aristotle’s definition for good money. Money must be Durable, Portable, Divisible, and Intrinsically Valuable. Does the U.S. dollar or other Fiat currencies fit this definition?

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Staff Thoughts

Send Cryptocurrency with no Internet Access

Cointext allows you to send Bitcoin Cash with just a phone capable of text messaging. If you don’t have internet connection or a smartphone this allows any phone to text and become a part of the BCH network. Click the link below to check out Cointext’s website and learn more on how to use it.

Cointext.io

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Staff Thoughts

Spend Dash, get Dash back!

In this video I call Anypay an ‘app’ but unfortunately it has yet to be on the app store. If you own a business and want to start accepting cryptocurrencies like Dash to receive these amazing Dash-back benefits come by the Free State Bitcoin Shoppe, or contact us on this website under the ‘Contact’ tab.
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Meetups Staff Thoughts

Dash Steals the Show on Bitcoin Pizza Day 2018 in Portsmouth

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!

Bitcoin Pizza Day 2018 at STREET’Za in Portsmouth

Hometown favorite restaurant STREET’Za made it happen for us. They have been taking Bitcoin and a handful of other cryptocurrencies since they opened in 2017. Their sister restaurant STREET led the way for Portsmouth and the entire Seacoast region by being the first in town to accept the new currency. Their adventurism has paid off big-time, regularly drawing in new business from cryptocurrency lovers from out of town and even out of state.

Bitcoin Pizza Day 2018 at STREET’Za in Portsmouth

Even though the Boston Bitcoin Cash Meetup group just had an event there Saturday, a guy in Portland reached out to me and said the Portsmouth Bitcoin Network should have a meetup of its own on the official Bitcoin Pizza Day (May 22). We did, and it was excellent.

Bitcoin Pizza Day 2018 at STREET’Za in Portsmouth

Only 4 people RSVP’d to the event, but you never can tell with these things. Eleven people showed up! One attendee works for Coinbase in New York City. He received some playful ribbing. Another has a business setting up merchants to take cryptocurrency. A few asked for his card. One was finance professor at a local university researching ICOs. He asked about classes at the Blockchain Institute of Technology. Three were students home for the summer. They installed their first hot wallets on their phones and loaded them with some coins. Attendee ages ranged from 16 to 55, with the average probably around 30. The Boston Bitcoin Meetup the previous Saturday drew in 4 people total, one from Haverhill and one from Portland.

Bitcoin Pizza Day 2018 at STREET’Za in Portsmouth

The best part? Everyone used cryptocurrency to pay. Without exception. Some friendly nudging was offered when all but 2 attendees paid with Dash instead of Bitcoin. Rightly, these people were ridiculed. After all, we were there for Bitcoin Pizza Day. But then again, Dash has benefits over Bitcoin that make it more attractive for customers. First, transaction fees are lower. Much lower. Like 20 times lower. Those who paid with Bitcoin paid an extra twenty cents in fees on top of their payment compared with Dash’s fee of less than one cent.

Bitcoin Pizza Day 2018 at STREET’Za in Portsmouth

Not really a big deal, but then get this: Dash-Back. Because STREET’Za accepts their crypto using the Anypay digital cash register, their customers receive an instant rebate when they pay with Dash. In my case, I paid $12.50 for some chicken wings and received a dollar of Dash right back into my wallet. Not bad. All things being equal, when faced with the choice between two cryptocurrencies, using Dash makes a lot of sense if the merchant is using Anypay. Why not use the coin that pays you to use it instead of the one that you have to pay extra to use?

Here are some shots of folks enjoying and paying for their meals.

Bitcoin Pizza Day 2018 at STREET’Za in Portsmouth
Bitcoin Pizza Day 2018 at STREET’Za in Portsmouth

Oh yeah, I almost forgot. Many of the attendees asked if they could pay the server’s tip with their crypto. The manager said yes and took the tips on his phone with the promise to pass them along to our server after setting her up with her own wallets, or paying her out in cash (whatever her preference). In the past, this has been a great way to introduce new people to crypto. They know it has real value because they can see it being used to buy things where they work.

Bitcoin Pizza Day 2018 at STREET’Za in Portsmouth

So…How was Bitcoin Pizza Day in your town? If it was uninspiring, consider moving to New Hampshire, the Crypto Capital of the World!

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Staff Thoughts

Curious Customer Learns About Bitcoin

New customer learns a little bit about Bitcoin! Come find out what it is all about at the Free State Bitcoin Shoppe.

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Staff Thoughts

Dash Core Contributor Darren Tapp Endorses Anypay Proposal on NeoCash Radio

Darren Tapp is a core developer of Dash, one of the major viable cryptocurrencies vying for the number one spot to replace the dollar and become digital cash used the world over. He has made several significant contributions to the codebase, and he hosts a regular podcast called NeoCash Radio where he discusses important events in the world of cryptocurrency. Recently on the show, he endorsed a particular Dash proposal — something he’s never done before.

Dash proposals can be written and submitted by anyone. It costs 5 Dash to submit the proposal, and you can request any amount of money in return for the goal you propose. The proposal is evaluated by the Dash Master Node network, and each Master Node gets a vote for or against (or abstain). Anypay made a proposal last month to expand its efforts to bring the best merchant point-of-sale app to the world — one that allows businesses to accept digital cash. You can already use Anypay today by going to Anypay.Global. It’s free and respects your privacy.

You can read the proposal here: https://dashcentral.org/p/anypay

Watch Darren’s landmark endorsement:

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Staff Thoughts

CNN Covers Free State Bitcoin Shoppe, DASH in Portsmouth New Hampshire aka Bitcoin Village

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:

Amazing, Joël. Brilliantly done. You are welcome at the Free State Bitcoin Shoppe anytime! To level up your crypto game, attend the next Portsmouth Bitcoin Network meet up. Or if you’re super-serious, enroll in the Blockchain Institute of Technology.

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Staff Thoughts

Enigma Machine at the Bitcoin Shoppe

Today the Shoppe received 4 enigma machines. Back in the day, these devices helped soldiers communicate with each other over long distances on open telegraph wires while concealing their messages.  Now they can secure your cryptocurrency.

But how do they work? James gives a quick demo by encrypting and decrypting the word “BITCOIN”:

Pick one up for yourself and show it off to your friends and family. Use it to encrypt your plain-text private seeds to make them unreadable by thieves. Write messages to your kids and teach them about the history of encryption and how far we’ve come — we now have encrypted money!

Join us for the next Portsmouth Bitcoin Meetup this Friday April 6, to learn how to cryptographically secure your bitcoins with a multi-signature wallet. Why would you want to do that? Answer: So that you can share your crypto with a handful of people (say, in an organization) while making it mathematically impossible for any one person to run away with the money. You can use advanced cryptography to produce a bitcoin wallet that requires more than one person to sign off on a transaction before funds can be spent. Pretty awesome. The lecture is free and open to the public. Doors open at 7, lecture starts at 7:30. RSVP here.