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December 12, 2013

London streetfood vendor sells first ‘Bitcoin Burger’

The burger from Burger Bear was valued at 0.0131 BTC.

By Ben Sullivan

A burger van in London has become the first food vendor in the UK to accept payments in bitcoin.

Burger Bear, near Silicon Roundabout, accepted payment for a burger worth 0.0131 BTC, which is around £7.50.

The founder of Burger Bear, Tom Reaney, said he had become interested in the digital currency six months ago when he bought a Bitcoin for around $100. After seeing its value rise dramatically, he wanted to promote it as a payment method.

London’s Evening Standard reported that since the sale "dozens of people have flocked to the stall to spend the currency."

Mr Reaney said: "Many people from the technology scene are really keen to make transactions. I’ve got people from all around the world now wanting to buy my burgers. There aren’t many things you can physically spend your coins on so people want to come and play with their imaginary money."

The customer pays using their digital wallet, and scans the Burger Bear’s QR code to transfer the payment.

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