Published On: Mon, Apr 16th, 2018

Bitcoin for Buskers – a Case Study in Micro-Transactions

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Heavy footfall, the call to action, a pay what you want strategy for instant payments accepted worldwide. Here’s why cryptocurrency could soon become the buskers’ preferred virtual hat.
Picture the Scene
It’s Sunday afternoon and you’re doing some browsing at a local market. You’ve just got yourself some tasty tacos from one of the food stands. Yes, I meant real physical browsing, not sitting at home in front of your computer screen!
Looking for somewhere to enjoy your tacos, you notice a crowd gathered around a group of street musicians. They’re pretty good, so you spend several minutes listening whilst you eat. It’s only when you’ve finished the food that you realize you’re out of change.
There’s an App for That
Faced with the problem of an increasing propensity for cash-free audiences, Josh Thomson and his busking partner started accepting electronic payments on the streets. Well, if fictional homeless people can do it then why not? In fact, I think if I were busking on the street I’d plaster a QR code all over the front of …

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