Australian pub to serve beers for bitcoin
A 107-year-old Australian pub has decided to accept the world's newest currency: Bitcoin.
Garry Pasfield, publican at The Old Fitzroy in Sydney's bohemian inner city suburb of Wooloomooloo told The Reg he likes the idea of getting in early on Bitcoin. Pasfield said he's no idea if Bitcoin will take off, but likes the idea of being among the first to accept it as payment.
“I am interested in bitcoin because it is progressive,” he said. He also thinks it is a finger in the eye of Australia's big banks, four of which make colossal profits and are often felt to squeeze out smaller competitors.