An extraordinary development as one of the UK’s leading holiday park operators launches their own Bitcoin style currency
Tingcoin is a new and exciting ‘community style’ currency for the use of Tingdene Lifestyle’s holiday home owners across the country. The precise exchange rate is to be finalised but when the currency enters usage, at one minute past midnight, (00.01. 01/04/21) it’s set to change the financial world. Benjamin Race, Sales and Marketing Manager for Tingdene Lifestyle said, ‘in a post Brexit world and with ever increasing focus on devolution and independence for UK nations, we think that a currency unit exclusive to Tingdene makes real sense. Even the name is good - Tingcoin has a real ring to it. At the online launch event, held in Suffolk, I was asked if Tingdene Lifestyle were actually thinking of declaring independence. I totally deny it. That would be a joke but having a bitcoin style currency like TingCoin to purchase lodges, caravan holiday homes or chalets makes sense. It also makes for faster, safer payments through our Owners Elect System for annual running costs such as electric bills or service charge payments.’