19 August 2017
Dirk Kinvig

kinvig

Dirk Kinvig - Finextra

52Posts 171,831Views 9Comments

Do you bitcoin?

08 August 2014  |  2224 views  |  1

Satoshi Nakamoto's crypto-currency has been around for 5 years now. It is the most widely known of all the virtual currencies (such as litecoin, dogecoin, Gold Pressed Latinum), but still the uptake and merchants that use it seems thin on the ground.

There are fewer than 10 bitcoin ATMs around central London and only a few vendors (not including the odd trendy Hoxton pub) that accept it. Last week, I was discussing the issue with the CEO of a digital marketing agency who relayed the story of a conference he was at when out of 250 attendees only 2 had admitted to using bitcoins, one of whom was a technology researcher, the other worked on a bitcoin exchange).

Cryptocurrencies, despite George Osborne's endorsement, still have a long way to go to find main stream acceptance.

So, do you bitcoin? And why is that?

...and for the record, I have .27BTC in my wallet with nothing to spend it on. Maybe I'll grow a trendy beard and head over to Hoxton.

TagsBlockchain

Comments: (1)

A Finextra member
A Finextra member | 11 August, 2014, 10:18

We don't even read posts on Bitcoin anymore... )

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Latest posts from Dirk

Create a new Finextra Community Group

07 March 2017  |  3350 views  |  0 comments | recomends Recommends 0 GroupFinextra site news

Historical white papers & research on Finextra

06 March 2017  |  2524 views  |  0 comments | recomends Recommends 0 GroupFinextra site news

Phishing scammers get a bit more sophisticated

07 April 2016  |  8426 views  |  1 comments | recomends Recommends 0 TagsSecurity

Finextra succumbs to the EU's right to be forgotten directive

06 March 2015  |  2488 views  |  0 comments | recomends Recommends 0 GroupWhatever...

Finextra Community Groups

10 December 2014  |  1458 views  |  0 comments | recomends Recommends 0 GroupFinextra site news

Dirk's profile

job title Web Services Manager
location London
member since 2017
Summary profile See full profile »

Dirk's expertise

Member since 2009
50 posts9 comments
What Dirk reads
linkedin
Dirk writes about
SecurityBlockchain

Who's commenting on Dirk's posts