Bitcoin and Bullion, A Great Combination
Bitcoin is known as the digital gold. In the recent days, many online bullion platforms have started accepting bitcoin payments to purchase gold. Bitcoin is dubbed as the digital gold. Bitcoin is a decentralized open source digital currency which operates independently without the interference of banking or financial institutions. Unlike traditional fiat currency, Bitcoin doesn’t need a trusted party to facilitate transactions as the members of the network themselves act like one. Bitcoin and Gold have many similarities. They both hold a unique position of being an alternative investment....
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JM Bullion is a US online retailer of gold and silver products that accepts Bitcoin. JM Bullion is located in Dallas, Texas, and deals exclusively in physical bullion, selling precious metals that will be sent directly to you. JM Bullion is a US online retailer of gold and silver products that accepts Bitcoin. JM Bullion is located in Dallas, Texas, and deals exclusively in physical bullion, selling precious metals that will be sent directly to you. Besides selling the precious metals, JM Bullion also makes sure that buyers receive their gold or silver at their door. The company is a fully....
JM Bullion, one of the largest dealers of precious metals worldwide, has taken the industry-first decision to begin accepting Bitcoin for bullion purchases, after finishing a short test period. JM Bullion partners with BitPay. In a statement released on BitPay’s blog, the payment processor announced that JM Bullion will start accepting purchases of gold, silver, platinum, and copper bullion via Bitcoin: BitPay says that Bitcoin purchases will have many advantages over traditional forms of payment, namely tackling the fees involved with credit cards, and the slugginess with which bank....
A new service launching in Singapore today uses the Ripple network to acquire, store and convert precious metals into any currency for customers anywhere in the world. Ripple Singapore is a new kind of Ripple 'gateway', which is the name given to the exchange network's entry and exit points. It's Singapore's first major gateway, and the first in the world to offer trade in precious metals. Users maintain a balance in a Ripple wallet (similar to a bitcoin wallet), while the bullion itself is vaulted in Singapore. They can then use that balance to pay anyone instantly in any currency....
Long before the existence of virtual currencies backed by the complexity of cryptography, there were a multitude of virtual currencies, most of which backed by the value of gold bullion. Before Bitcoin appeared on the scene, the industry was plagued by all manner of drama, from murder to cases of widespread use of funds for terrorism, child pornography, and other forms of criminality. Murder of e-Bullion co-founder. e-Bullion was an Internet-based digital gold currency founded by payza inc of Moorpark, California, as part of their Goldfinger Coin & Bullion group of companies. The....
A new exchange for trading gold bullion and bitcoin is set to open on 21st February. The Bullion Bitcoin exchange, based in London, will allow sophisticated investors, as defined by the UK financial regulator, to trade gold bullion and bitcoin. The exchange will not be open to retail investors. Adam Cleary, Bullion Bitcoin's owner said: "It seemed to me we should create an exchange that's completely free of any fiat currency constraints. There are no fiat currency accounts - it's directly gold for bitcoin." Access to the exchange will be restricted to sophisticated investors, high....