Scottish pub first to accept Scotcoin as payment

By Liam Garrahan contact

- Last updated on GMT

Scottish pub first to accept Scotcoin as payment

Related tags: Scotland

A Glasgow pub has become the first pub in Scotland to accept Scotcoin, a digital currency that aims to create a ‘self-sustaining economy’ that is ‘totally decentralised’.

The Arlington will accept the currency starting today (30 November) for its Stone of Destiny lager from Monday to Thursday.

Speaking to BigHospitality, The Arlington’s David Low said that the pub’s Scottish heritage led to the decision.

“We thought why not add all that together and accept Scotcoins for our in-house lager for that one product?” He said.

“It would be too ambitious and too difficult to accept Scotcoin as an alternative means of payment for everything in the bar all the time.”

Payments can be made via an app on a smartphone that can use a QR reader.

Talking about the future of Scotcoin as an alternative payment method, Low said that reaction to the system is hit-and-miss.

“Cryptocurrencies and bitcoins are like marmite, some people think they’re the future, some people think they’re useless.

“You go into bars, airports and other place and they accept Stirling, Euros and Dollars, it’s no big deal, so why can’t they accept cryptocurrency?”

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