Andrew Bates

electric newspaperman

Illustration Andrea Hirji/Vue Weekly

A new way to pay

(Vue Weekly, Jan. 30, 2014)

In a rented boardroom downtown in January, Bitcoin Pete told 14 people they have a front-row seat to the most valuable asset on the planet.

It was a meeting of the Bitcoin Edmonton Meet-Up Group, which brings together entrepreneurs, gamers with time to kill and curious investors who want to know more about Bitcoin, a volatile but valuable new digital currency.

“I feel like it’s the best opportunity to teach people about the benefits that are coming in the new digital economy,” says Peter Dushenski, the man behind the “Bitcoin Pete” nickname.

Dushenski, a former health inspector from Edmonton, organizes the get-togethers and runs bitconomy.ca, a company that designs retail systems in order to allow businesses, like Remedy Cafe, to accept Bitcoin as payment. Currently, Remedy is Bitconomy’s flagship business, but Dushenski is in talks with more and hopes to set up 100 companies on Bitcoin by the end of the year.

If you want to read more of my Vue Weekly work, check out “No golden age of math,” about the clash between old math and new math teaching in Alberta.

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