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Staff Thoughts

Free State Blockchain Digital Assets Conference 2018 Recap

Kyle Clark, who attended the conference in Portsmouth, wrote a recap of things that stood out from this small-size but large-impact event. Read his article here.

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Staff Thoughts

2 Curious Customers Learn About Ethereum

Here at the Free State Bitcoin Shoppe we had 2 curious customers who wanted to learn a little bit about our funky apparel! Come by and check out some merchandise for yourself!

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Staff Thoughts

Grand Opening & Free Talk Live Broadcast from Shoppe

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

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Staff Thoughts

Dollars Not Accepted, Free Staters Bet on Bitcoin with America’s First “Crypto-Only” Retail Shop

Although the new store opening today in Portsmouth, New Hampshire may appear to be another small town gift shop, it is the first store of its kind in the world. “We’ll take any crypto-currency: Dogecoin, Dash, Ether, Bitcoin…but no dollars, thank you,” says Steven Zeiler. He and Derrick Freeman are co-owners of Free State Bitcoin Shoppe, a “crypto-only” retail store – located at 56 State St.

“We believe it’s better money,” says Freeman, “and our mission is to help Portsmouth transition to an inflation-proof currency that’s publicly accountable.” Unlike dollars, there is a fixed amount of bitcoin. Similar to gold, bitcoins are divisible and used all over the world.

The store’s first customer was a tourist visiting from Vietnam. “There’s a big bitcoin market there,” she said. She paid from a wallet on her mobile phone and didn’t need to convert currencies.

The governments of Japan and South Korea officially recognized bitcoin as legal tender earlier this year, causing a huge increase in adoption. At the same time, the New Hampshire legislature passed a bill deregulating all digital currency in the state, encouraging entrepreneurs to move here and for tech startups to break ground in the Granite State.

Zeiler left a lucrative job as a developer at a Silicon Valley company to move to Portsmouth because, he says, “the people of New Hampshire are way ahead of the game in terms of sound money and adoption of bitcoin, and obviously Portsmouth is the coolest part of New Hampshire.”

The store sells unique crypto-themed gifts, seditious books, libertarian art, pro-science t-shirts, and loads of “Live Free Or Die” propaganda. They also offer Premium WiFi and cold brew coffee that’s locally produced in Portsmouth for those who want to hang out and get some work done by the park, or just enjoy one of their many bitcoin-themed movies in the air conditioning.