Congrats and welcome. Amagi products are awesome  Thank you for the warm welcome! |
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It always comes down to this: incentives matter.
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Gold would still be scarce. Remember, it would require resources (equipment, individuals to build the equipment, and their time) to produce the gold. Time is money!
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We may not be the first precious metal company to accept Bitcoins, but we do have the best prices! (UPDATE: We are the first to accept Litecoin and Dogecoin!) Amagi Metals is a global eCommerce precious and base metal dealer located in Denver, CO. It is our mission to simplify the buying process of precious metals and illuminate the importance of financial responsibility and sound money. Our company is named after the Sumerian cuneiform ama-gi symbol. This symbol is the earliest known reference to liberty and dates back over 4,000 years. The company was founded 2009. Why Buy From Us?- We accept Bitcoins!
- We have a great selection.
- Our prices update every 60 seconds reflecting accurate metal, USD, and Bitcoin prices.
- We value your privacy. We secure customer information and do not sell or show any other individual or entity your information or transaction history.
- Our process is simple and professional.
- We believe in our products. Their quality matched with our service is unparalleled.
- We are members of the American Numismatic Association (ANA), Industry Council for Tangible Assets (ICTA), American Open Currency Standard (AOCS), North American Collectibles Association (NACA) and part of the largest coin dealer network in the world, the Certified Coin Exchange.
How It Works- Visit our website at https://www.amagimetals.com.
- Look through our hundreds of products. Prices and price discounts are listed on each product page.
- Add whatever products you want to your shopping cart.
- Visit your shopping cart for the total and a shipping quote. Prices are displayed in USD. You can pay via credit card, PayPal, bank wire, check/money order, and best of all Bitcoins!
- When you complete checkout with Bitcoin, you will receive the latest Bitcoin-USD conversion rate with transaction information of where to send the funds to.
- You will receive a confirmation email, the order will be sent through our processing system and all you have to do is sit back and wait for the shipment to arrive at your doorstep!
Prices can now be displayed in bitcoins through the currency selector on the top right.  Shipping & Handling- Shipping times are varying between 1 business day and 6 weeks depending on the products. Backordered products and products with stated shipping times will take longer.
- Once shipped, domestic orders generally take 3-5 business days to arrive. International orders take between 1-4 weeks, depending on the shipping service you choose and location.
- Most orders are shipped via USPS, UPS, and FedEx.
- All orders are shipped fully insured.
For resources on precious metals or more detailed information on our products and policies: About USPolicy CenterKnowledge CenterBitcoin CenterBlogWe also have an eBay store with over 10,000+ feedback: http://stores.ebay.com/Amagi-Metals. Below are some images of our products:    Questions? Reply to this post, send us a PM or an email at support@amagimetals.com or call us toll free at (800) 882 - 8496, M-F 8-5pm MST. You can also write to us at: Amagi inc. 7100 Broadway St #1n, Denver, CO 80221 Be sure to check us out on Facebook, Google +, & Twitter: http://www.facebook.com/amagimetalshttp://www.twitter.com/AmagiMetalshttp://www.Instagram.com/AmagiMetalshttps://plus.google.com/+AmagimetalsUpcoming EventsColorado Springs Coin Show Date: June 26th - 28th Location: Freedom Financial Services Expo Center, Colorado Springs, CO |
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Time to start buying gold  . |
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People will kill other people with government. People will kill other people without government. Businesses will do fraudulent things whether there is government or not. No matter what situation, someone will find a way to take advantage of it if they really want to. So yes, someone will find a way to take advantage of fractional reserve banking like they would anything else. Does that mean that there will a "breakdown of the system?" Probably not. Fractional reserve banking in a free market world may put some businesses and banks out of business, but just because one bank or individual in a bank took advantage of fractional reserve banking doesn't mean all banks will go out of business and destroy the world as we know it today in some apocalypse that you see coming from fractional reserve banking.
You are of course drawing the wrong conclusion, the fact that the flaws exist and are exploitable... ensures that the system will break at some point in time. The problems will either accelerate until they destroy the system or something else will change somewhere else making the entire system pointless. obsolescence is the only thing capable of slowing down acceleration of a flawed system as it nears critical mass. Or if you don't quite follow that: "On a long enough time line, the survival rate for everyone drops to zero." I actually did not say there were flaws. I said that if someone really wanted to they can take advantage of other people. This isn't mutually exclusive to banking. This relates to life and all business transactions in all industries. I have yet to hear someone actually tell me what these "numerous flaws" are. Were you not paying attention for the past five years? Or did you swear off bad news?
Oh, you mean the economic collapse caused by a monopoly (central banking)? Did you read the article I posted? That's not a fault of fractional reserve banking, that's a fault of a coercive monopoly. |
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Deflation is a separate issue from credit creation. In a healthy economy there should be deflation. All goods should be getting cheaper relative to the money supply.
Fractional reserve banking is not necessarily inflationary. Under the gold standard there was fractional reserve banking and healthy deflation (goods became cheaper). There is nothing immoral or wrong about fractional reserve banking. The problem is the coercive monopoly (read: inefficiency) of central banking put into place by government regulation and legislation.
Taken alone, this is true enough. In practice, however, fractional reserve banking has too many flaws that can be manipulated by certain people with particular positions. Experience tells us that any advantage that such flaws may create will be taken advantage of by someone eventually, and will continue to be taken advantage of even to the detriment of the entire system. So while not actually evil, fractional reserve banking is certainly amoral, offering no net benefits to the populace in the long run. The gold standard functioned as a limiting factor upon those who would have taken advantage, and thus delayed the breakdown of the system for much longer, but ultimately the breakdown still had to occur by some method or another. Likewise, central banking delayed the greater of those flaws for some time, but at the cost of permitting such flaws to spread to the whole of the system before they are catastropic; so rather than simply a regional problem that destroys a few local banks, they become problems that grow to the point that they threaten the entire economy at once. People will kill other people with government. People will kill other people without government. Businesses will do fraudulent things whether there is government or not. No matter what situation, someone will find a way to take advantage of it if they really want to. So yes, someone will find a way to take advantage of fractional reserve banking like they would anything else. Does that mean that there will a "breakdown of the system?" Probably not. Fractional reserve banking in a free market world may put some businesses and banks out of business, but just because one bank or individual in a bank took advantage of fractional reserve banking doesn't mean all banks will go out of business and destroy the world as we know it today in some apocalypse that you see coming from fractional reserve banking. |
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Deflation is a separate issue from credit creation. In a healthy economy there should be deflation. All goods should be getting cheaper relative to the money supply. Fractional reserve banking is not necessarily inflationary. Under the gold standard there was fractional reserve banking and healthy deflation (goods became cheaper). There is nothing immoral or wrong about fractional reserve banking. The problem is the coercive monopoly (read: inefficiency) of central banking put into place by government regulation and legislation. The Austrian School economist Steve Horwitz has a great article on fractional reserve banking here. People who criticize fractional reserve banking should read it. As for the creating credit, that is a separate issue. Banks would either have to create their own separate currency, redeemable in Bitcoins electronically or through paper. I guess you could also deposit your Bitcoins at a bank and receive some kind of interest and then the bank invests Bitcoins in businesses for a higher return. Of course I use the word bank loosely. |
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Hello, We run Amagi Metals and sell precious metals. We recently started accepting Bitcoins and would like to take a larger part in the Bitcoin community. From a mathematical standpoint our knowledge of Bitcoin is limited. From a monetary standpoint, however, I think we understand Bitcoin more than the average Joe. A finite supply, easily divisible, and easily transferable are all important for something such as Bitcoin to be used as money or an alternate currency. |
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Captcha would only get rid of bots, not trollers/spammers.
but some hero members are trolls too Sure, they've earned that right. They put in the time. |
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I appreciate the effort to get rid of trolls and bots, but wouldn't a captcha do the trick?
Captcha would only get rid of bots, not trollers/spammers. |
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You can cash in your BTC's for gold and silver: Amagi Metals. |
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Hey everyone! I am the owner of Amagi Metals and fairly new to Bitcoin. We sell precious metals such as gold and silver. We recently started accepting Bitcoins! I thought it would be important to join and support the Bitcoin community.
welcome could you share your webpage? in what countries you operate? Yes, it's www.amagimetals.com. We are located in the United States (Denver, CO) and ship to many countries around the world. If we don't ship to your country it is either because there are too many regulations, or it is too dangerous to ship to that country (packages get stolen). Please let us know if you have any questions! |
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Really there is no way of knowing. None of us are psychics. Bitcoin is an experiment and sometimes experiments fail. No one knows if Bitcoin will fail, or a better version of Bitcoin will come along.
*If* Bitcoin reaches critical mass then it is certainly possible that it can become the same value of gold. It is not clear whether it will hit critical mass though.
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I pushed to get my company to accept them.
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Convert them to gold and silver instead of fiat currency!
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Nice! Just think if every business accepted Bitcoin...
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Hello everyone! I am the owner of Amagi Metals. We sell gold and silver worldwide and just started accepting Bitcoins. Our core values are: privacy, fast shipping, sound money, free markets, and financial responsibility. We look forward to joining the Bitcoin community!
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Hey everyone! I am the owner of Amagi Metals and fairly new to Bitcoin. We sell precious metals such as gold and silver. We recently started accepting Bitcoins! I thought it would be important to join and support the Bitcoin community.
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