TagScotcoin

Crypto Charity: Scotcoin to Allocate Part of Sales to Scotland's Homeless

Scotcoin scotpound

Scotcoin will donate £5 off every £20 it earns from its token sale to homeless people, revealed a local source. The cryptocurrency project, which aims to tackle poverty and fund charity ventures, announced that it would join hands with Social Bite, a Scotland-based nonprofit venture looking to end homelessness. Together, the organizations would generate funds to make houses available to the...

Scotland’s Capital to Hold Blockchain Tech Conference

Edinburgh is set to host its own global blockchain conference with over 200 attendees next month to discuss blockchain technology development, reports The Scotsman. With global leaders signing up to the ScotChain16 conference on 11 November, this will be the first blockchain conference for Scotland, which is being held at the Royal Bank of Scotland’s Gogarburn headquarters. Michael Young, chief...

Pro-Independence Cryptocurrency Scotcoin Needs Value Gains

Scotland Cryptocurrency

In a bid to break away from the U.K. and the pound Scottish Independence supporters have launched the Scotcoin; however, reports suggest that its low value would make the cost of everyday living increase. According to the British newspaper, the Express, the digital Scotcoin is worth less than the Zimbabwean dollar, with 1,000 Scotcoins amounting to 86 pence. At the moment, 481 Zimbabwean dollars...

JP Morgan Anticipates Scotland Exit from the UK, Form New Currency

Scotland is expected to vote Yes in a second independence referendum and introduce its own currency before the UK leaves the European Union in 2019, according to American bank JP Morgan. Bank economist Malcolm Barr said in a note to clients that a ‘pressure to hold a new referendum’ would be expected following the UK’s decision to leave the EU, and that Scotland would establish its own currency...

Glasgow Pub Starts to Accept Digital Currency Scotcoin

The Arlington – a pub in Glasgow will start accepting the digital currency Scotcoin. For now, the cryptocurrency can only be used as settlement for one particular lager. Starting today on St. Andrew’s Day, The Arlington – a Glasgowian pub will start accepting Scottish-based cryptocurrency Scotcoin. The pub is believed to be the first in all of Scotland to allow its customers to pay with the...

Scotcoin Migrates from Altcoin to Counterparty Digital Asset

The Scotcoin Project announced that they are to phase out the existing ‘standalone’ SHA256 Scotcoin network and fully migrate to the Counterparty solution, as a Digital Asset, utilizing the Bitcoin network infrastructure. Derek Nisbet, Founder of Scotcoin said: "Following on from the successful launch and subsequent roll out of Scotcoin directly to the Scottish people, and with the ongoing...

New Scottish Independence Poll Bodes Well for Bitcoin

The recent Scottish independence referendum prompted questions about whether or not an independent Scotland would consider adopting bitcoin or another cryptocurrency (such as the Scottish-themed Scotcoin) in lieu of the British pound. Alas, the Scots voted to remain in the United Kingdom, so the discussions proved moot. However, a new  poll indicates the Scots may seek independence again in the...

Scotcoin Price Avoids Collapse After Scotland Votes No on Independence

When Scotland was contemplating seceding from the United Kingdom, some citizens put forward proposals that an independent Scotland should adopt bitcoin--or another cryptocurrency such as the Scotland-themed Scotcoin--as its national currency. However, Scotland voted down the independence referendum, meaning that Scotland will remain in the United Kingdom and retain the British Pound as legal...

Do NOT follow this link or you will be banned from the site!