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Staff Thoughts

Hear About a Customers Experience Buying Items With Newly Mined Zcash

Today at the shoppe, a customer noticed the bitcoin flag flying outside and knew he had to stop in. Once he became aware that the Anypay developers had integrated Zcash into their point of sale system, he realized he had to spend some of his newly mined Zcash. Hear about how it went in the video above!

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Staff Thoughts

Zero to Crypto in Three and a Half Minutes

Join Steven and Derrick as they teach Jared how to install the Anypay Application for his local business!

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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

Shielded ZCash Transaction at NH Retail Store

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.

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Meetups Staff Thoughts

Bitcoin Meetup | The Kitchen

The bitcoin meetup this week was a blast! We packed one corner of the Kitchen restaurant with people of all ages and experience levels. We celebrated Mark, the owner of Portsmouth Smoke and Vape, becoming the newest addition to the World Famous Bitcoin Tour. His business is unique on the tour, as it is the first downtown retail store to take cryptocurrency — and he takes a lot! They accept Bitcoin, Ethereum, Dash, Litecoin, and ZCash.

Some people had heard about the meetup from the flyers posted around town — others from visiting the store — and still others from searching Meetup.com. It was a good mix of people. One guy downloaded his first bitcoin wallet and funded it by trading someone at the table for $5 in cash. He was surprised how fast and easy it was, and that it required no signup at all.

The food and service was notably excellent, as it often is at the Kitchen. The staff knew we were having a bitcoin meetup and treated us super nice. They delivered some food out to us (which is not normal — usually you pick it up from the counter yourself). And they let us linger a bit after they closed, since we were having so much fun talking and learning from each other.

Charles shared with us about a cool thing the Portland Bitcoin meetup group is doing: they’re issuing their own cryptocurrency and awarding it to people who attend and participate by speaking. It would be so awesome to have someone spend that cryptocurrency to purchase merchandise at the Free State Bitcoin Shoppe!

The next Portsmouth bitcoin meetup will be at the Fresh Press on Sunday, October 15 at 2pm. The Shoppe will be closed for the next 2 weeks as Steven and Derrick will be in Prague for the Hackers Congress. We’ll have lots of great info and fun pictures and video to share, so follow us on Twitter.

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Staff Thoughts

Portsmouth Smoke and Vape | Bitcoin Preferred

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!