Suwanee-based StillFire Brewing is now accepting Bitcoin payments in its taproom | News

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Suwanee-based StillFire Brewing is now accepting Bitcoin payments in its taproom | News
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StillFire Brewing in Suwanee was one of many first breweries to open in Gwinnett. Now it is changing into the primary brewery in Georgia to just accept a special, and rising, sort of forex.

The brewery introduced it’s wading into crypto-currency and can start accepting Bitcoin as fee for beers, seltzers and different merchandise in its taproom. The brand new fee technique went into impact Tuesday.

“Bitcoin permits our clients a less expensive, sooner, and safer approach to take pleasure in our beer,” StillFire Normal Supervisor Aaron Bisges mentioned. “Our patrons need simplicity and we’re excited to have the ability to provide that to them.”

The brewery is touting the advantages of utilizing Bitcoin, which it described as “all the advantages of money — no third get together involvement or financial institution charges — mixed with benefits of digital transactions,” as explanation why it determined to start accepting the crypto-currency.

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StillFire will use CoinBase, which is a Bitcoin fee processor, to deal with the funds. The processor is designed to let retailers settle for Bitcoin after which have U.S. {dollars} deposited of their financial institution accounts for a 1% charge the following day.

By comparability, StillFire officers mentioned, a service provider may very well be charged 2% to three% by a bank card processor on prime of the prices for gear rental, membership charges and coping with points about fraudulent charge-backs.

The brewery mentioned utilizing CoinBase also needs to tackle any issues clients have about “Bitcoin’s value volatility.”

“It’s clear to us that right now’s clients are tech-savvy and like to do their buying and shopping on-line,” Bisges mentioned. “The pure development from that is to begin providing cryptocurrency and we’re actually wanting ahead to seeing simply how many individuals are keen to buy on this approach.

“The longer term is right here and it consists of good beer.”

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