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The First UK Pub to Accept Bitcoin: The Pembury Tavern's Story

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by COINS NEWS 25 Views

I was browsing online to find out about the first time Bitcoin was used to buy something in real life. I stumbled upon the Pembury Tavern, the first pub in the UK to accept Bitcoin as payment for beer. I wanted to share with you all how it all started.

So, the Pembury Tavern in Hackney, East London, is kind of special because it was the first pub in the UK to take Bitcoin as payment. The person who thought of this was Stephen Early, the founder of the pub. He had bought some Bitcoin back in 2011 and wanted to figure out a real use for it.

Early was pretty excited about what Bitcoin could do, so he decided to make it a way to pay at the pub. Since he knew a lot about computers, he quickly added a thing to the pub’s payment system that let you use Bitcoin.

Here’s how it worked: The people who worked at the bar could start a Bitcoin payment by pressing two buttons on the cash register. This made a special code appear on the screen (it’s QR codes first versions). People with Bitcoin could use their phones to scan the code and pay. All they needed to do after that was press one more button, and the payment was done. This new way of paying was even faster than using regular credit cards, especially when the pub was quiet.

People really liked this new idea. Bitcoin fans started coming to the Pembury Tavern to buy stuff with their digital money. The pub became really popular among Bitcoin fans who were curious to try this different way of paying.

But Early didn’t stop just there. He also added the pub’s name to a special list of places that accept Bitcoin. This got more people interested, and it also created a group of people who like using Bitcoin. They even met up at the pub to talk about Bitcoin and trade their virtual coins for things like beer.

Even though things were going well, Early was being careful. When someone asked him what he was going to do with all the Bitcoin he got, he said he would slowly change it back into regular money. This showed that he was thinking smartly even as he was trying out this new idea.

In the end, the Pembury Tavern using Bitcoin was a pretty big deal. It showed that normal businesses could use this new kind of money. The pub became a sign of how to be flexible and come up with new ideas in the ever-changing world of money.

submitted by /u/Arash_Rezae
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