Parallel Polis has chosen Coin of Sale as its payment processor for its cafe, which accepts only bitcoin.
Parallel Polis is a physical abode for Bitcoin-related activity and advocacy in Prague, similar to the concept located in several other cities. It houses a co-working space, hackerspace, “makers lab”, and Bitcoin cafe. There are also volunteers to help newcomers set up their wallets for their first bitcoin purchase. It seeks to help those “who want to live free from burdening and counterproductive regulations or government’s eavesdropping.” On its name, the institute writes:
How to Trade In a Volatile MarketGo to article >>
“The name Parallel Polis comes from a Czech philosopher who used it to describe an underground environment, created by dissidents to communicate, spread the word and run community economy outside the realms of the oppressive communist regime.”
Coin of Sale allows merchants to accept bitcoin payments through integrated software. It also says to include advanced functionality such as refunds and multi-user management.
The general public of the Czech Republic became more acquainted with Bitcoin last week when a blackmailer demanded bitcoins, threatening to spread the Ebola virus.