A chicken farmer on Queensland's Sunshine Coast wants his customers to pay him using the online currency, Bitcoin.

Bitcoin is a form of digital currency, which is created and held electronically.

Mark Burgunder, an organic chicken egg farmer at Conondale, is already using the virtual currency in his business.

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Mr Burgunder said he wants to create a local Bitcoin economy amongst Sunshine Coast farmers and consumers.

"Bitcoin is an electronic currency that is not backed by a central bank, it is backed by a network of computers and mathematics," he said.

Bitcoins are stored on a Bitcoin wallet, which can be accessed via computer, phone or on a card similar to a credit card.

They can also be stored on debit cards, and can be used anywhere EFTPOS is available.

Mr Burgunder said that as a farmer, using Bitcoins in his business means less transaction fees.

"My benefit is bugger all fees, and it is immediate, so once payment is done I don't have to wait a banking day for it to arrive in my account," he said.

However, Mr Burgunder is yet to convince any of his customers to start paying for their eggs using the digital currency.

"Here in our local area it is just me and my wife that accept Bitcoin, so where would my customers get bitcoin from? Me," he said.

"So it would be a bit silly me selling them Bitcoin so they can pay me.

"So to make this really work we have to build a smaller Bitcoin economy here locally.

"I'm planning on having a workshop where I can show people what it is, how to use it and how to set up a Bitcoin wallet.

"The benefit is business moves so much easier, and everyone saves because there is less fees."