Close Menu
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

True Announces $TRUE Token Sale to Build the First AI-Native Perpetuals DEX on Solana

September 4, 2025

Tech Giant Google’s Universal Blockchain Ledger Goes Live

September 2, 2025

Nvidia Q2 Earnings Exceed Estimates: Blackwell Powers Market Gains

September 2, 2025
Facebook X (Twitter) Instagram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
X (Twitter) Telegram
Crypto JunctionCrypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Retailers Embrace Bitcoin for Everyday Purchases
Bitcoin

Retailers Embrace Bitcoin for Everyday Purchases

Karly MarieBy Karly MarieAugust 16, 2014Updated:March 5, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Reddit Telegram Email Bluesky Copy Link
Share
Twitter Facebook Telegram Bluesky Pinterest Email Reddit Copy Link

In the quaint seaside town of Swanage, where “cash only” signs dominate high street shops, one business is embracing a different approach—Bitcoin. While mainstream adoption of the digital currency is still in its infancy, some retailers are willing to take a chance on its future.

Bitcoin’s First Purchases in Swanage: Chocolate and Lottery Tickets

Andy James, the owner of Swanage News, decided to accept Bitcoin after learning about it on a TV show. So far, he has had only two customers pay in Bitcoin—one who bought a Kit Kat for 65p, and another who used the cryptocurrency for lottery tickets.

“I thought he was joking, but he wasn’t. It was very exciting,” said James, recalling his first Bitcoin transaction.

To make the process seamless, he uses an app that converts British pounds into Bitcoin and generates a QR code that customers scan with their smartphones. The funds are then transferred from the customer’s digital wallet to the shop’s account.

Bitcoin Payments Expand Beyond Small Shops

Bitcoin’s use in retail is slowly growing, with businesses in food, beverages, and grooming joining the trend:

  • Subway (Czech Republic): Some branches accept Bitcoin payments.
  • Pubs & Bars: UK-based Individual Pubs has accepted Bitcoin since 2013, processing around £1,000 a month in digital transactions.
  • King of Shaves: The popular razorblade brand has processed 15 Bitcoin transactions worth $1,000 (£599) in just one month.

Will King, CEO of King of Shaves, believes in Bitcoin’s potential. “People were dismissive of Twitter in 2007, just as they are of Bitcoin now,” he argues, calling it an “elegant, friction-free currency.”

The Reality: Is Bitcoin Ready for Everyday Spending?

Despite growing adoption, many consumers remain unaware of Bitcoin, and businesses accepting it are still niche. In Swanage, for instance, tourists were largely unfamiliar with the concept.

To encourage adoption, Swanage News is offering discounts for Bitcoin payments, hoping that more customers will join the trend.

How Bitcoin Transactions Work

Unlike traditional currencies, Bitcoin operates through a decentralized network and uses a process called “mining” to generate coins. Each Bitcoin transaction involves:

  1. A unique registration number representing the Bitcoin unit.
  2. A Bitcoin address (a random string of 27–34 letters and numbers) to send and receive payments.
  3. A Bitcoin wallet, which functions like a private digital bank account—though if data is lost, so are the funds.

The Future of Bitcoin in Retail

Retailers are still testing the waters, and Bitcoin’s volatile value remains a challenge. However, as more businesses and payment solutions integrate Bitcoin, it could one day become a mainstream currency for daily life.

Would you consider using Bitcoin for everyday purchases?

Bitcoin Cryptocurrency digital payments retail UK economy
Share. Twitter Facebook Telegram Email Bluesky Reddit Copy Link
Previous ArticleMt.Gox “Finds” 200,000 Lost Bitcoins in Forgotten Wallet—What It Means for Investors
Next Article Bitcoin Crashes to 11-Month Low—What’s Driving the Price Drop?
Karly Marie
Karly Marie

Related Posts

Press Release

True Announces $TRUE Token Sale to Build the First AI-Native Perpetuals DEX on Solana

September 4, 2025
Blockchain

Tech Giant Google’s Universal Blockchain Ledger Goes Live

September 2, 2025
Crypto

Crypto Retirement Funds Beckon As Young Brits Cash Out

September 2, 2025
Add A Comment

Comments are closed.

Trending Posts
Meme Coins

WLFI And UAE Join Forces In Mega Investment

July 1, 2025

Microsoft Embraces Bitcoin Payments for Xbox, Windows, Software

December 11, 2014
Ethereum

Ethereum Climbs Past $4.9K As Dovish Fed And Wall Street Fuel The Fire

August 26, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

True Announces $TRUE Token Sale to Build the First AI-Native Perpetuals DEX on Solana

September 4, 2025

Tech Giant Google’s Universal Blockchain Ledger Goes Live

September 2, 2025

Nvidia Q2 Earnings Exceed Estimates: Blackwell Powers Market Gains

September 2, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
  • Crypto Marketing
  • Daily Digest News
Telegram X (Twitter)
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 110,623.64
ethereum
Ethereum (ETH) $ 4,288.69
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.82
bnb
BNB (BNB) $ 849.79
solana
Solana (SOL) $ 202.30
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 4,282.22
dogecoin
Dogecoin (DOGE) $ 0.214493
tron
TRON (TRX) $ 0.330855
cardano
Cardano (ADA) $ 0.822907
wrapped-steth
Wrapped stETH (WSTETH) $ 5,194.62
chainlink
Chainlink (LINK) $ 22.12
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,618.07
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 110,457.59
ethena-usde
Ethena USDe (USDE) $ 1.00
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
hyperliquid
Hyperliquid (HYPE) $ 46.39
bitcoin-cash
Bitcoin Cash (BCH) $ 612.50
sui
Sui (SUI) $ 3.37
wrapped-eeth
Wrapped eETH (WEETH) $ 4,604.43
stellar
Stellar (XLM) $ 0.356923
avalanche-2
Avalanche (AVAX) $ 24.25
weth
WETH (WETH) $ 4,290.95
hedera-hashgraph
Hedera (HBAR) $ 0.216333
crypto-com-chain
Cronos (CRO) $ 0.266344
leo-token
LEO Token (LEO) $ 9.53
litecoin
Litecoin (LTC) $ 112.43
usds
USDS (USDS) $ 1.00
the-open-network
Toncoin (TON) $ 3.09
shiba-inu
Shiba Inu (SHIB) $ 0.000012
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 42.27
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 110,640.64
polkadot
Polkadot (DOT) $ 3.80
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.19
uniswap
Uniswap (UNI) $ 9.35
world-liberty-financial
World Liberty Financial (WLFI) $ 0.18137
monero
Monero (XMR) $ 265.27
aave
Aave (AAVE) $ 303.01
dai
Dai (DAI) $ 0.999572
ethena
Ethena (ENA) $ 0.662454
bitget-token
Bitget Token (BGB) $ 4.81
pepe
Pepe (PEPE) $ 0.00001
mantle
Mantle (MNT) $ 1.18
okb
OKB (OKB) $ 180.08
ethereum-classic
Ethereum Classic (ETC) $ 20.30
bittensor
Bittensor (TAO) $ 318.37
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 248.77
near
NEAR Protocol (NEAR) $ 2.38
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.278488
aptos
Aptos (APT) $ 4.24
ondo-finance
Ondo (ONDO) $ 0.907845
usdt0
USDT0 (USDT0) $ 0.999166
pi-network
Pi Network (PI) $ 0.343588
memecore
MemeCore (M) $ 1.63
usd1-wlfi
USD1 (USD1) $ 0.999362
binance-peg-weth
Binance-Peg WETH (WETH) $ 4,286.98
arbitrum
Arbitrum (ARB) $ 0.488267
internet-computer
Internet Computer (ICP) $ 4.73
story-2
Story (IP) $ 7.93
binance-staked-sol
Binance Staked SOL (BNSOL) $ 216.67
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
kaspa
Kaspa (KAS) $ 0.081398
cosmos
Cosmos Hub (ATOM) $ 4.40
susds
sUSDS (SUSDS) $ 1.07
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.40
gatechain-token
Gate (GT) $ 16.80
vechain
VeChain (VET) $ 0.023296
algorand
Algorand (ALGO) $ 0.22746
rocket-pool-eth
Rocket Pool ETH (RETH) $ 4,883.10
fasttoken
Fasttoken (FTN) $ 4.50
kucoin-shares
KuCoin (KCS) $ 14.39
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.028746
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 4,509.73
kinetic-staked-hype
Kinetiq Staked HYPE (KHYPE) $ 46.54
worldcoin-wld
Worldcoin (WLD) $ 0.886742
render-token
Render (RENDER) $ 3.41
sky
Sky (SKY) $ 0.074758
sei-network
Sei (SEI) $ 0.290533
bfusd
BFUSD (BFUSD) $ 0.99968
official-trump
Official Trump (TRUMP) $ 8.31
pump-fun
Pump.fun (PUMP) $ 0.004674
falcon-finance
Falcon USD (USDF) $ 0.998388
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 4,513.68
usdtb
USDtb (USDTB) $ 1.00
filecoin
Filecoin (FIL) $ 2.31
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.605133
liquid-staked-ethereum
Liquid Staked ETH (LSETH) $ 4,632.92
bonk
Bonk (BONK) $ 0.00002
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 110,434.59
jupiter-exchange-solana
Jupiter (JUP) $ 0.487781
flare-networks
Flare (FLR) $ 0.020304
xdce-crowd-sale
XDC Network (XDC) $ 0.080977
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
four
Four (FORM) $ 3.70
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 4,538.39
tether-gold
Tether Gold (XAUT) $ 3,604.42
hash-2
Provenance Blockchain (HASH) $ 0.027289
nexo
NEXO (NEXO) $ 1.27