Amagi will no longer accept dollars!

[11C1P]

I think from the thread already on here, most people here probably aren't doing a lot of business with them, but even if I did, the fact that I'd have to buy bitcoin just to make a purchase would cause me to go elsewhere. What say you??

http://www.coindesk.com/bullion-dealer-amagi-metals-stop-accepting-fiat-currency/

 

[mike]

I think they meant they just don't take cash. They still accept credit cards, paypal, bank wires, etc.

 

[11C1P]

Nope, they are going to be doing nothing but the "crypto currencies"

http://newsbtc.com/2014/08/20/amagi-metals-longer-accept-us-dollars-2016/

“We want to be a leader in the sound money movement,” he said in a statement published on the company’s website. “With the adoption of cryptocurrencies increasing every day, their viability is virtually assured. History shows that paper currency, backed by nothing of value, will ultimately fail. It’s only a matter of time until no one will be accepting the dollar. By trading exclusively in cryptocurrencies, we’ll still be in business when that time comes.”

 

[pmbug]

"... once the year 2016 is over ..."

That's a long way off. That said, this is a dumb decision for a business.

 

[11C1P]

"... once the year 2016 is over ..."

That's a long way off. That said, this is a dumb decision for a business.

I guess at my age 2 years ain't what it used to be. Like I told my wife the other day, I must be getting old cause when I see a movie that says 2002 and I think of it as new.