With the popularity of bitcoin increasing, an increasing number of businesses in Scotland are introducing cryptocurrency payments. A Glasgow roofing company now says more and more of its customers, including pensioners, are willing to pay with crypto.
ASAP Roofing accepts cryptocurrency for its services
Caleb McKay, who runs a roofing company with his father Cameron, recently told the British press that his business is seeing an increasing number of customers paying in cryptocurrency. Scott, 20, also said that he is surprised by his firm’s crypto customer base as well as people using cryptocurrencies, including pensioners.
As the Daily Record reports, ASAP Roofing & Building Ltd began accepting cryptocurrencies last year and is now taking on several major coins, including bitcoin.B T c), bitcoin cash (BCH), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and XRP, according to this Website. The young entrepreneur from Wishaw, Lanarkshire commented:
We have been accepting crypto for some time now. It is ideal for a business as it is paid immediately.
Caleb’s Company is a family-owned roofing and construction contractor based in Glasgow, Scotland’s most populous city. It operates throughout central Scotland and the north of England, specializing in commercial and traditional construction maintenance and repair operations.
Crypto Companies Are Increasingly Targeting the ‘Grey Pound’
The owner of ASAP Roofing admitted that he has been involved in the crypto space for years. “I have had a personal interest in trading in cryptocurrency since 2014,” Caleb McKay said, adding that he was surprised by some of the people who want to pay this way. He told the publication:
I repaired a roof in November in Glasgow for about £500 for a pensioner in her late 60s and she said she wanted to pay in bitcoins.
This is not the only case as Mackay’s company, which advertises itself as Scotland’s leading roofing contractor, has other elders. Brits Want to use cryptocurrency as well. “I found another guy who paid £180 in Ethereum for an emergency roof repair over the past few weeks,” he shared.
Often referred to as the “gray pound”, pensioner cash has been increasingly targeted by crypto businesses, the Daily Record states. In March, the UK Advertising Standards Authority banned an “irresponsible” ad from crypto exchange Coinfloor addressed to pensioners investing in bitcoin.
Most of the Scottish companies that accept cryptocurrency payments are large tech companies. However, many small businesses such as Roofing ASAP have also turned to decentralized digital money as an alternative to fiat cash.
Have you used cryptocurrency to pay for home repairs? Let us know in the comments section below.
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