Category: Coffee Culture

Paying Coffee With Bitcoins: Craziness Or The Future?

Paying coffee with bitcoins

Physical places to buy a coffee with your Bitcoins Bitcoin is a form of digital currency, created and held electronically. Bitcoins are produced by operating computers all around the world, using software that solves mathematical problems. The story goes that a software developer called Satoshi Nakamoto proposed Bitcoin, which was an electronic payment system based on mathematical proof, but it

Blockchain: How Power Relations in the Coffee Chain are Changing

Blockchain Coffee

The coffee bean is one of the world’s most valuable agricultural products from the tropics: it’s worth over $100 billion worldwide. The coffee chain is characterised by a huge difference between production and consumption: on one side we have 25 million small farmers producing 80% of the world’s total coffee supply, for less than $2 a day, on the other side we have the “Big Four” coffee roasting companies – Kraft, P&G, Sara Lee and Nestle – buying about 50% of the coffee produced worldwide. This make the relation between buyers and producers in the coffee chain [Sign in to continue]