Northern Ireland construction company to accept Bitcoins

A Northern Ireland construction company has become the first, on the island of Ireland, to begin accepting Bitcoins as payment.

Managing director Jamesy Hagan said: "Bitcoin is an innovative new payment method and essentially a new kind of money. It is very similar to a cash transaction. There has been a significant growth in the use of Bitcoin worldwide and our acceptance of this new channel reflects our willingness to respond to the market."

For the original story see here: https://www.rte.ie/news/regional/2018/0223/942937-ni-builders-bitcoin/

While they are the first, I don't doubt they will be followed by other small to medium construction firms when they see how easy it can be to adapt to the new currency. I reckon it will take the larger firms a lot longer to adapt to the sea change that's happening in the world currency markets in regards to cryptocurrency.