UK's first bitcoin festival to launch in Shoreditch

BlockStock, which has been dubbed as the UK's first bitcoin festival, will debut on 12 September in Shoreditch in London to raise awareness of the digital currency.

The Proud Archivist: one of the businesses accepting bitcoin at the festival
The Proud Archivist: one of the businesses accepting bitcoin at the festival

The ten-day festival is a celebration of the virtual currency and will also include a series of events, activities, special offers, seminars and exhibitions interconnected with everyday high-street businesses such as shops, pubs, bars, restaurants and cafes.

The event is being created by Tashoma Vilini and Justina Cruickshank, both bitcoin enthusiasts, and supported by the London Borough of Hackney, taking place in the heart of Tech City, Europe’s largest tech hub.

Bitcoiners and those interested in bitcoin will be able to purchase tickets to gigs and comedy shows, dine out, buy coffee, book yoga classes, attend creative workshops and a whole manner of ‘everyday’ activities with the digital currency during BlockStock.

Businesses accepting bitcoin for the BlockStock festival include The Brew co-working spaces that has five locations in Shoreditch; Gallery and restaurant, The Proud Archivist; bar and live music venue Zigfrid von Underbelly on Hoxton Square and The Dictionary Hostel on Kingsland Road, among many others.

At present, 198 businesses accept bitcoin in the UK, though the majority of these are based online. BlockStock has been encouraging ‘real world’ businesses to accept bitcoin and to benefit from the digital currency’s zero/low transaction fees.

Cruickshank said: "BlockStock is about showcasing how normal bitcoin is. Hopefully, we’ll see more people reading about bitcoin, exploring its features, and buying the digital currency as a result of the festival."

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