It’s one of the best stages of crypto for the accessibility of Cryptocurrency. Brewdog is setting new examples of Crypto usage in their operations.
Brewdog one of the Leading pub chains in UK for hipsters has opened a bar in Canary Wharf, London not only accepts Bitcoin but also changes its markup according to the movements on the Financial stock exchange 100 Index (FTSE). According to the report on the Drink’s Business, the FTSE included pricing on the Special Beer Taps.
Due to the location of the bar overlooking Bellmouth Passage and the canal linking old North and the South Docks, known for trading, the company mentions that the pricing of the beer will vary according to the performance of the market. If the FTSE goes up, the prices go up and if it falls then you have an endless supply of beer at a very low cost. Before this, Burgess created a Reserve Stock Exchange, an automated stock market for booze. Alan Grant mentioned that:
“alcohol doesn’t have to be sold at an extortionate rate.”
An official blogpost mentions that the new location would be the first of its bar to accept cryptocurrencies allowing consumers to pay for their spirits using bitcoin and bitcoin cash under the company’s domain. The Company advised the customers to come with their credit cards or a form of loyalty card that allows them to claim the discount at the new Brewdog’s location.
On the occasion of Grand Opening, Brewdogs will be opening the bitcoin cash giveaways to the first customers with the wallet refilled with 12-100 Pounds.
Earlier this month, Mr. Wolf’s nightclub in Bristol has an event where customers were allowed to pay for a pint of beer using bitcoin for the night. As a matter of fact, this movement of using bitcoin in the clubs can be the first step to get to the state of cashless economy.