Overstock then Newegg – now two girls from San Francisco accept bitcoin

Back in the day, children all across the United States would set up lemonade, cookie and other types of stands in order to raise funds for a school project, a charity or just some extra spending cash. Usually kids would get earn around five to 10 cents – that is if the government didn’t step in and shut them down.

With kids being astute to all of the latest technological advancements, one stand has started to accept payment in Bitcoin (BTC) for a simple cup of lemonade and cookies. Two girls in San Francisco made headlines this week when it was learned that they plastered a QR code on their stand to accept the digital currency.

bitcoinThe business plan was assisted by Holly, a San Francisco tech worker who helped create an online wallet for her two girls. Holly had initially urged her daughter’s elementary school teacher to place bitcoin into the curriculum, but her request was ignored. Therefore, she decided to teach her children herself.

“They’re just learning about commerce,” Holly explained. “They know it’s a means of exchange. They know they can accept this money and mommy can go home and check the wallet.”

A photo was taken of the stand and it immediately went viral on Reddit. Holly went onto dub it as “Milk Road,” a jab at the illegal online drug marketplace known as Silk Road.

Of course, the two little entrepreneurs haven’t made as much money as the Silk Road operators; they have garnered only two bitcoin cookie sales. On top of this, they have received a couple of hundred dollars in donations for Save Japan Dolphins, the charity of the girls’ choice.

By the time those kids get into college, will bitcoins be worth thousands of dollars or less than a box of cookies?

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