Gallery: Aussies buy their first Bitcoin-funded beers

Gallery: Aussies buy their first Bitcoin-funded beers

Summary: Bitcoins, QR codes, smartphones, tablets, and beer. For some, there is no better way to spend a Sunday afternoon at the pub.

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  • (Image: Alexander Taylor, CC-BY 3.0)

    This in turn is presented to the customer, who scans the code from their Bitcoin wallet app to make a payment.

    Although chargebacks aren't possible under the crypto-currency, if the Old Fitzroy somehow runs out of beer and needs to make a refund, a transaction in the opposite direction is made, much like how cash is handed over.

  • (Image: Alexander Taylor, CC-BY 3.0)

    Even the band is in on the act, displaying a QR code that will allow it to accept tips via Bitcoin.

  • (Image: Alexander Taylor, CC-BY 3.0)

    The crowd gathers to hear from the author of The Idiot's Guide to Bitcoin, Gustaf Van Wyk. The guide aims to help educate on how Bitcoin works, from its decentralisation to why mining exists.

Topics: E-Commerce, Emerging Tech

Michael Lee

About Michael Lee

A Sydney, Australia-based journalist, Michael Lee covers a gamut of news in the technology space including information security, state Government initiatives, and local startups.

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