The dream of a peer-to-peer electronic cash network has been realized… but with centralized stablecoins based on USD, dammit.
Down the road from Piccadilly Circus and up Shaftesbury Avenue, The Century Club in London is one of the private members clubs that are dotted around Soho and the rest of the UKs capital.
For many, they are an outdated tradition of this most ancient of cities, a status symbol of privilege and an elite that was based on colonialism and slavery. For others, they are an intelligent place to do business away from the disruption of co-working spaces and noisy offices.
Traditionally slow to be innovative, it was refreshing to see last month that the Century Club has installed BTC terminals so members and their guests can settle their bills with cryptocurrency.
Founded this century in 2001 for the creative industry, the club has engaged payment provider Musquet to provide the terminals, and they have already proved popular with members, many of whom are of the demographic that has invested in cryptocurrency.
