[2014-08-21] Amagi Metals to Ditch USD for Bitcoin by 2017

[cescan]

http://www.cryptocoinsnews.com/news/amagi-metals-ditch-usd-bitcoin-2017/2014/08/21

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.

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[DooMAD]

The tide is definitely turning.  Faith in the US Dollar is diminishing almost as quickly as its purchasing power.  I wonder if any other companies will be quick to follow Amagi's lead, or if it'll take a while before others start to see the light.

[smoothie]

lol why so long from now?

I've started to only accept BTC and LTC since July 2013.

 

[tins]

Story actually made the Yahoo stories today...great job!

[Swordsoffreedom]

http://www.cryptocoinsnews.com/news/amagi-metals-ditch-usd-bitcoin-2017/2014/08/21

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.

Nice we are winning the minds and hearts of people
Especially in terms of adoption and acquiring interested users and parties in Bitcoin.
Amagi Metals has promised to stop accepting US dollars or other fiat currencies and to only accept cryptocurrencies. The never-before-seen business plan will be implemented by the end of 2016, over two years away.

This will be interesting and great stuff ^^.

[ThomasCrowne]

I think this was probably one of the brightest marketing moves Amagi could have possibly come up with.  I suspect they will be drawing quite a bit of interest from this public announcement.