Much Wow: Amagi Metals Starts Accepting Dogecoin Again
After five-long months, precious metals dealer Amagi Metals announced to integrate Dogecoin payments once again to its platform. On July 23 this year, the ecommerce company had discontinued accepting Dogecoin in the wake of coin's 'then-dropping' reputation. In its press release, Amagi Metals directly accused Dogecoin to be involved in "untrustworthy actions" like supporting bad actors on the network, and neglecting double spending issues. The decision of accepting Dogecoin now clearly indicates that Amagi Metals was a victim of propaganda and scare tactics. While the company didn't stress....
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Eventually, gold will only be purchasable using Bitcoin on Amagi Metals. In a surprise announcement made earlier today, Amagi Metals has revealed their plans to trade "exclusively in cryptocurrencies like Bitcoin." Amagi Metals is an American based precious metal dealer that specializes in providing precious metals, which they view as superior money, to an international market through the technological advancement now known as eCommerce. Since 2012, the company has taken a strong, supportive stance of Bitcoin and has promoted its use well beyond just accepting it on their website. In a....
Amagi Metals. Bitcoin accepting precious metals companies have received much attention within the retail precious metals industry over the past few years. This week, some changes have taken place. Amagi Metals has relaunched after some time offline due to internal issues. Under new management, Amagi Metals is hoping to win the trust of the precious metals retail scene, even if it is slowly. Amagi Metals relaunched under the management of Anthem Vault. As a representative posted to Reddit: Hello r/silverbugs - I want to introduce the new Amagi Metals brand that is being released under the....
Precious metals and coin dealer Amagi Metals announced today it would stop accepting US dollars as a payment method at the end of 2016, saying it had "lost confidence" in the future value of the world's most popular fiat currency. While several prominent retailers and dealers have joined the bitcoin ecosystem in 2014, and some businesses have always been exclusively bitcoin, Amagi is one of the first to halt fiat acceptance. The company said in a statement: "Since the dollar was decoupled from gold in 1971, it has lost 97% of its value compared to the yellow metal and 83% of its domestic....
Precious metals dealer Amagi Metals announced it is now paying its entire staff in bitcoin via payroll service provider Bitwage. The move forms part of the company's plan to 'divorce' the US dollar by 2017, where it will stop accepting the fiat currency as payment method. Amagi Metals has worked with bitcoin for two years and, according to company data, 30-40% of its costumers currently pay with the digital currency. Speaking to CoinDesk, CEO Stephen Macaskill said he wanted to find a company that could handle bitcoin payroll seamlessly and test it with his own paycheck. Later, he put the....
Bitcoin-friendly Amagi Metals has announced that its entire staff will voluntarily accept a portion of individual employee paychecks in Bitcoin in 2015 through Bitwage. CEO of Amagi Metals Stephen Macaskill said the company is taking this action to advance its ability to function fully in Bitcoin going forward. Macaskill will accept $40,000 of his annual salary in bitcoin to demonstrate his support of Bitcoin. The announcement came on the heels of Amagi Metals' August 2014 decision to no longer accept U. S. Dollars after 2016. "I'm really excited about taking Amagi to the next level in....