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Author Topic: Guitar Amp Company asking Which Cryptos to Accept  (Read 298 times)
investorpgroovy
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June 14, 2017, 05:39:49 AM
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This may be OT, but might help those who want to get support for various alt coins.

This Guitar company, Panama Guitars, has a post on facebook asking for feedback on which alts to accept so I figured I would post here as well.

Link www.facebook.com/panama.guitars



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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Doms
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June 14, 2017, 07:26:58 AM
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I have some friends who are into guitars and amps, but I am not sure if they are familiar with the brand Panama. They prefer strats made by Fender, but this offering by Panama Guitars to accept crypto currencies as payment proves that the influence of such digital currencies is spreading over different businesses, something that’s unseen and almost unheard of two or three years ago.
Smarty14392
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June 14, 2017, 01:49:32 PM
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I think panama should start accepting bitcoin as a payment method. It will influence other sellers/marketers to use bitcoin and other cryptocurrency as a payment method. Bitcoin must be accepted as a genuien currency. Many people think that bitcoin is a illegal currency. People dont have much information about bitcoin yet.
I would suggest panama to accept Bitcoin and other cryptocurrency like ETH,LTC,etc as a payment method.
michkima
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June 14, 2017, 03:05:22 PM
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Generally just accept those cryptocurrencies that are well traded and practically strong enough to not die in the near future. Bitcoins are a definite yes. Maybe you can check out ETH, XMR or LTC. Those are pretty good options too. Overall though, bitcoins will be the easiest to implement as there have been plenty of developers working on it.
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