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BitBeat: Bitcoin Accepted Here; Dollars, Not So Much - MoneyBeat - WSJ

Amagi Metals said that by the end of 2016, it will no longer accept dollar-denominated business, and will do all of its business in cryptocurrencies (or gold, of course). Surely, that couldn’t be. Why would any retail business decide not to accept the world’s most widely distributed and widely used currency? We had to talk to somebody at the company, to see if this story was right.

Yeah, it’s pretty right. “I’m a big advocate of sound money,” CEO Stephen Macaskill told us over the phone. The dollar, no longer backed by gold, is controlled by “political whim,” he said. It’s not a currency he wants to hold.

BitBeat: Bitcoin Accepted Here; Dollars, Not So Much - MoneyBeat - WSJ

Denver company to stop accepting U.S. currency for payments - Denver Business Journal

Amagi Metals, a precious metals and coin dealer in Denver, will refuse to accept U.S. currency as payment at the end of 2016, and instead will require customers to use cryptocurrencies such as bitcoin.

Denver company to stop accepting U.S. currency for payments - Denver Business Journal

10 Reasons Why the Dollar Will Fail

10 Reasons Why the Dollar Will Fail
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Russia’s Gold Reserves vs. U.S. Treasury Reserves | National Inflation Association

Russia’s Gold Reserves vs. U.S. Treasury Reserves | National Inflation Association



Russia is preparing for #USHyperinflation....

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POWmembers - Whats a MS70 Silver Eagle Worth

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The Bitcoin Outpost Interview: Sound money and banking with Bitcoin

The Bitcoin Outpost Interview: Sound money and banking with Bitcoin

The Gold Rush of the New Millennium – When and Where Might It Be?

The Gold Rush of the New Millennium – When and Where Might It Be?

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