Bitcoin gains currency with Dublin tech workers

In and around the centre of Dublin, a new currency is emerging as workers in the Silicon Docklands start making use of the digital cryptocurrency, Bitcoin.

The head of the Irish Bitcoin Association, Alan Donohoe, said they have seen a rise in the number of transactions in his shop, GSMsolutions, in Dublin.

“We have seen a rise in transactions,” said Mr Donohoe. “We get two to three transactions a day in our shop in Dublin 1. It is mainly people buying electronics or computer accessories — the people who work in the Silicon Valley companies are very into it.”