BitPay Drops Central Texas Gun Works: Bitcoin Magazine Drops Headline
Original Bitcoin Magazine article; article has been removed. Late last night, Bitcoin Magazine published an article about Central Texas Gun Works (CTGW) being “dropped” by their Bitcoin Payment Processor: BitPay. In response, and due to CTGW owner Michael Cargill‘s commitment to Bitcoin, CTGW has promptly switched to CoinVoice‘s Bitcoin invoicing services to provide guns and gun services in exchange for Bitcoin. Bitcoin Magazine originally reported that it was unclear whether or not BitPay’s ToS was changed before or after Central Texas Gun Works signed on with BitPay. That is obviously....
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Bitcoin Magazine, the original source of this article, has apparently pulled the article. The original link is no longer working. We have not yet received word from BitPay on the matter but will update as soon as we do. We've also reached out to Central Texas Gun Works and Bitcoin Magazine for any updates. Update II: Bitcoin Magazine confirmed to have pulled the article due to the fact it "did not contain accurate information". Central Texas Gun Works was working right along with Atlanta-based BitPay to process bitcoin transactions until last week, then the processor abruptly froze the....
A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9.63% since the commodity’s high of $2,075 on August 6. Even though gold has dropped significantly in value in contrast to bitcoin (BTC), gold bug Peter Schiff decided to use the opportunity to rag on bitcoin on Twitter. “If you measure the size of asset bubbles based on the level of conviction buyers have in their trade, the Bitcoin bubble is the biggest I’ve seen,” Schiff....
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Today, the Texas Coinitiative posted a new update to their blog: The Texas Alcoholic Beverage Commission OK's Bitcoin-For-Alcohol sales. Elsewhere in the country, Ohio lawmakers have stymied Bitcoin adoption somewhat by banning Bitcoin-For-Alcohol sales in their state. Elsewhere in Texas, the Texas Department of Banking (DOB) released a guidance which clearly states that businesses accepting cryptocurrencies do not require state money transmitting licenses. Texas, as one of the larger states in America, has understandably been leading the charge in Bitcoin adoption. In March, the Texas....
China’s central bank has announced that all crypto-related transactions and services are now illegal. In response, Bitcoin drops down to $41k from $45k. China Announces All Crypto Transactions And Activities Are Illegal As per a report from Bloomberg, China has intensified its crackdown on crypto and Bitcoin as the nation’s central bank says all digital […]