Bitcoin-Only Shop launched in New Hampshire

The first cryptocurrency-only and retail trade establishment in the US, the Free State Bitcoin Shoppe has been founded in New Hampshire
06 April 2018   881

The incorporators of the shop are Derrick J. Freeman and Steven Zeiler. They have explained that the visitors of the store can pay for commodities with cryptocurrencies like bitcoin. In a case they don’t have cryptocurrency, the salesman helps them download and finance their first wallet. They check using an Ipad in a Square stand processing New Hampshire-based free point-of-sale software Anypay.

Portsmouth of New Hampshire hasn’t been broadly known as a hotbed of crypto activity. It just may be, and it probably has anything to do with the Free State Project (FSP). Jason Sorens, Yale doctoral student wrote in general about a secessionist movement of the most personal sort. It led evolving into asking 20,000 freedom-loving people to create a political force in the state of New Hampshire, the “Live Free or Die” state.

A large portion of the people who moved to New Hampshire in search of freedom are bitcoin users. Cryptocurrencies affords us the opportunity to not just withdraw our support for values we detest, but to actively support coins whose communities actively embrace certain values we share. It’s amazing, and anyone not yet benefiting from participation in these communities is missing out. 

Derrick J. Freeman, founder, Free State Bitcoin Shoppe.
 

Being an activist and content maker in the liberty world, Mr. Freeman gained a tip in bitcoin after visiting a popular radio program, Free Talk Live.

I liked that this new kind of money was being circulated among my friends. I liked that it afforded me the opportunity to use a money that wasn’t created and controlled by the Federal Reserve. I like that it empowers people like me to opt for a more peaceful world by withdrawing support for empire-building and endless wars. 

Derrick J. Freeman, founder, Free State Bitcoin Shoppe.

Launched the last year Summer, the Free State Bitcoin Shoppe is open seven days a week. Although it’s obviously a profit-making enterprise, Mr. Freeman notes it also begs as an educational platform.

SEC to Decide on Bitcoin ETF until Feb 27 2019

Despite this news, Bitcoin price hit another bottom - $3400 this time
07 December 2018   97

The US Securities and Exchange Commission (SEC) issued a notice stating that consideration of a decision on an application to start Bitcoin-ETF from VanEck and SolidX with the assistance of CBOE will last until February 27 of next year.

According to the SEC rules, the period for consideration of this decision cannot be extended yet. Thus, the Commission on maximum uses the allotted time, and February 27 will be the final date for the decision on this application.

The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider this proposed rule change.
 

Securities and Exchange Commision

According to representatives of the SEC, to date, the Commision has received more than 1600 comments on this application.

Despite this news, Bitcoin price hit another bottom - $3400 this time.