Cryptocurrency Yes we take them!

Which coins will you be accepting?

I LOVE cryptocurrency, and you guys are very smart if you take and HOLD on to some of them (at least while this years bull run is on).

I wont be buying anything with my bitcoin, that will stay in cold storage for some time. A great example of why is the story of the $220,000 mattress. I watched a video about a fella who bought a $400 mattress with the equivalent amount of bitcoin many years ago. That bitcoin today is worth $220,000! LOL
 
Don’t forget the 2 pizzas that were bought with bitcoin that is now worth half a billion haha. Awesome that this is happening though!
 
I am the holder of several SquidCoins, do you accept those? They’re real. I swear.
 
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Much guns. Wow.
 
Ok so for the less techy of us lets say I want to buy something from you what does that transaction look like?

I'm in that boat also. I'm trying to understand how it works structurally. I certainly can see possible advantages, but I see some concerns also.
 
I'm in that boat also. I'm trying to understand how it works structurally. I certainly can see possible advantages, but I see some concerns also.

Should be like an EMT order.
do the order as normal, send the crypto afterwards from your wallet/exchange/coinbase/etc
 
Should be like an EMT order.
do the order as normal, send the crypto afterwards from your wallet/exchange/coinbase/etc

I can (barely) understand that, so the next question is how do you prove you sent the "coins", and how is it tracked? Mostly, how does the gooberment track it for all the obvious reasons?
 
I can (barely) understand that, so the next question is how do you prove you sent the "coins", and how is it tracked? Mostly, how does the gooberment track it for all the obvious reasons?

Thats kind of the whole point of crypto currency in my understanding. If you do it right, the government can't track it. It's electronic bartering. The retailer can claim the income if they choose to, but they can also hold it as an asset and only claim it if / when they cash out.
 
Thats kind of the whole point of crypto currency in my understanding. If you do it right, the government can't track it. It's electronic bartering. The retailer can claim the income if they choose to, but they can also hold it as an asset and only claim it if / when they cash out.
It would be business income for them, not capital. And the transactions are still subject to GSTHST
 
Hey do you take wooden nickles. That’s what all this Bitcoin and crypto currency means to me. I don’t Beleive in fiat money system either. I will be happy when we can go into a shop and pay for my guns with raw gold or silver. If gold is at say 1800 an ounce I should be able to pull out a scale measure an ounce of gold and leave with 1800 in goods. There are gunshops in the states that do this exact thing
 
Could you describe the process ? If you place an order, do you pay right away, or do they follow up with an invoice / way to pay ?

Also, what do they accept ?

The correct way is what I'll walk you through. I hassled them via the store chat. Don't do that.

Place an order. At check out there is a payment option for crypto. They will contact you and give you wallet info. Transferring from your wallet to theirs is painless. They called me next day so I could pay the balance as I didn't have quite enough ETH.
 
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