The US Postal Service Should Accept Bitcoins

[benjamindees]

Do you ever wonder how drugs can be traded for Bitcoins via the US postal service?

The USPS pre-dates the US government.  It even acts as a bank.

Why is the USPS being bankrupted by the US Treasury?  Why is it being forced to hoard cash to cover pensions decades in advance, when no other corporation is subjected to the same requirements?

Are FedEx and UPS being under-cut by a competitor that isn't subject to the same ridiculous commercial regulations?

Is Wall St. trying to get rid of the postal service?  Or trying to get it to raise rates?  Is the USPS being purposely targeted?

Maybe the US Postal Service should consider accepting Bitcoins.

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[Mike Christ]

I always figured it was due to snail mail being slowly phased out.  Would accepting bitcoins help?  I'm not sure...  If people still don't use it, maybe not.

[grantbdev]

Do you ever wonder how drugs can be traded for Bitcoins via the US postal service?

The USPS pre-dates the US government.  It even acts as a bank.

Why is the USPS being bankrupted by the US Treasury?  Why is it being forced to hoard cash to cover pensions decades in advance, when no other corporation is subjected to the same requirements?

Are FedEx and UPS being under-cut by a competitor that isn't subject to the same ridiculous commercial regulations?

Is Wall St. trying to get rid of the postal service?  Or trying to get it to raise rates?  Is the USPS being purposely targeted?

Maybe the US Postal Service should consider accepting Bitcoins.

The USPS should privatized. It's unprofitable and does not have the legal authority to make business decisions by itself. They announced they would stop Saturday mail delivery, but when I watched the Senate hearing yesterday they kept criticizing the USPS because they stepped out of their legal bounds in doing that. Congress wants all the power to themselves.

[stochastic]

Do you ever wonder how drugs can be traded for Bitcoins via the US postal service?

The USPS pre-dates the US government.  It even acts as a bank.

Why is the USPS being bankrupted by the US Treasury?  Why is it being forced to hoard cash to cover pensions decades in advance, when no other corporation is subjected to the same requirements?

Are FedEx and UPS being under-cut by a competitor that isn't subject to the same ridiculous commercial regulations?

Is Wall St. trying to get rid of the postal service?  Or trying to get it to raise rates?  Is the USPS being purposely targeted?

Maybe the US Postal Service should consider accepting Bitcoins.

.  The constitution grants Congress to set up a government controlled mail delivery monopoly.  It was only in the 1970s that the postal service allowed private companies to deliver "extremely urgent" mail which lead to the rise of Fedex and UPS.  In the 1840s the American Letter Mail Company was created by a private individual to fight against the government monopoly.  The government post offices charged 10 cents a letter and the private company came out with a flat rate of 5 cents.  The government shut the company down after a few years.

Unlike Fedex and UPS, the mail sent through USPS has certain privacy rights.  UPS and Fedex can open the packages for any suspicious reason.

[trekky0623]

US dollars are the only thing useful to the United State postal service. That's what they use to spend for all their supplies and services and paychecks. As long as Bitcoin continues to fluctuate in value compared to the US dollar, and not have any market for it, the US Postal Service will never accept them because it is essentially like offering them an investment, not currency.

[notig]

The post office already doesn't like packages that are 13 ounces are over if they are paid with just stamps because they think it's more secure if it's metered which means they can trace who purchased the postage easier. So bitcoin would fit that same problem (for packages 13 ounce and over)

what the post office should do is use smart phones instead of their stupid 1600 dollar scanners that run DOS or some antiquated piece of crap. Then they could allow customers to not only track when their packages where delivered but they could track them in real time down the street.

It would also be nice if they weren't constrained so much by congress and union rules.

[Marker88]

The united states postal service should go away, email has taken over, and all packages i have are shipped either UPS or FedEx >.<

[saddambitcoin]

The united states postal service should go away, email has taken over, and all packages i have are shipped either UPS or FedEx >.<

usps is much cheaper than fedex. 

[FreeMoney]

So that they can blame their ultimate failure on bitcoin when actually carrying paper all over the place is now stupid?

[trekky0623]

The united states postal service should go away, email has taken over, and all packages i have are shipped either UPS or FedEx >.<

I disagree. There is no other better or cheaper way to send letters in the United States. If FedEx or UPS wanted to send letters, there is no way they could do it for less than 50 cents. That's why the Post Office operates at a deficit, as it is legally obligated to do. My friend is in the military, and letters are an essential part of our communication.

[MonadTran]

USPS should accept bitcoins. USPS won't accept bitcoins. US government is not interested in USPS accepting bitcoins.

[franky1]

USPS should accept bitcoins. USPS won't accept bitcoins. US government is not interested in USPS accepting bitcoins.

i brought this out of necro because some users wishes, may soon be granted

https://www.youtube.com/watch?v=eOsR5G9CH0w