Feeds

Tick-tock, Jock: Dock schlock for mock-stock in ad-hoc shop squawk

Could an indy Scotland use Bitcoin? This tech trading post tries to find out

Internet Security Threat Report 2014

As the great and the ghastly of Britain's political class row over which currency Scotland will use if it splits from the kingdom, one firm has proposed a way to settle the argument.

Secondhand electronics trader CeX will, from 13 May, turn one of its shops in Scotland into a "pound-free zone" for three days – and instead accept Bitcoin for buying and selling gadgets.

CeX wants to kickstart a debate about the use of new digital funny-money, instead of the crappy old paper cash.

"With Scottish Independence high up on the news agenda along with questions surrounding what currency Scotland would use, the three day trial will give Scots the opportunity to ditch the pound and trial a different kind of currency altogether," CeX commercial director David Butler said.

He has even opened Scotland's first Bitcoin cash machine in its store on Sauchiehall Street, Glasgow, a promenade more associated with boozy mayhem than currency experiments.

CeX has been banging the Bitcoin drum for ages now. It once allowed customers to trade in their old electronics for Bitcoin, daring Scots to bet on whether their out-of-date tat would be worth less than the crypto-readies in a few years.

Meanwhile, other Scottish cryptotrepeneurs have launched digital dosh Scotcoin, which is set to hand out great wodges of the virtual money to any interested jocks.

It remains to be seen whether Bitcoin can stop the interminable wrangling over which currency the country Scottish journalists refer to as iScotland should use post-split. And no, before you ask, an independent Scotland will not be made by Apple, because the fruity firm's products rarely come in either grey or green, which are the most visible colours in this land of gloomy skies and vivid natural beauty.

UK Chancellor George Osborne doesn't want iScotland to use the pound, while First Minister of Scotland Alex Salmond insists he will do so whatever the Ingerlish decide.

Comment

This writer has long thought Scotland should think of a more hi-tech solution to its currency woes. However, having met 12-Chins Salmond and found him to be, in my personal opinion, a smug technophobe, I would be surprised if he knew what Bitcoin is.

Scotland may have to wait a while for its crypto-revolution to reach Holyrood. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.