World's Largest Online Seller Of Gold Is Now Accepting Bitcoin

It's not quite the non-fiat singularity just yet: for that to happen, one should be able to buy gold with bitcoin, and bitcoin with gold... but thanks to Apmex, the world's largest online retailer of precious metals, one can now cross out one half of the missing links, because as of yesterday Apmex is now accepting bitcoin.

From the company's statement:

For more than 15 years, APMEX has been an industry leader and along the way has adapted to the growing needs of our customer base. As bitcoin becomes more popular and widely accepted as payment, we are thrilled to welcome the use of this cryptocurrency for buying Gold, Silver and other Precious Metals by integrating BitPay into our website.

 

With BitPay integration, APMEX customers can now pay using bitcoin and complete their order in seconds. Because bitcoin works like cash for the Internet, customers enjoy a quick process, as the only delay is in the “mining” required of all bitcoin purchases. Additionally, all eligible bitcoin orders will be processed and shipped within one business day of your payment’s clearing and processing with the QuickShip® guarantee (domestic orders only).

 

Buyers can make purchases with bitcoin at any time, from nearly anywhere, just as with most credit cards. International orders become significantly easier as cryptocurrency like bitcoin is accepted worldwide without conversion. Also, many customers prefer Bitcoin payment because of the anonymity offered by a blockchain purchase.

And best of all, there's an added extra: a 4% discount on your new, shiny yellow metal:

For a limited time, all bitcoin orders are eligible for a 4.0% cash discount, similar to orders paid with check or bank wire. Take advantage of this new payment type and the limited-time introductory pricing offer. Start shopping today!

Oh, and with a whole lot of bitcoin millionaires and billionaires suddenly popping up, guess what countless other struggling online retailers, desperate for the sudden riches of these newly minted, pardon the pun, bitcoinaires will do? Exactly the same, as bitcoin acceptance suddenly becomes the next big thing...

Comments

God Emperor FreeShitter Thu, 12/07/2017 - 18:51 Permalink

Tungsten gold sold for tokens of appreciation. But don't you worry guys, those most hit by the bubble bursting will be the pot head millennials. They're crazy enough to put all the money in bitcoin.Can't wait to see all the hipsters biting the dust and start selling their asses to make ends meet. There will be a lot of competition for the attention-whores already doing it:Gamer and Vloggerr Abigale Mandler Leaked Nudes and Blowjob VIDEOhttp://celebrity-leaks.net/gamer-and-vloggerr-abigale-mandler-leaked-nu…

In reply to by FreeShitter

Antifaschistische Pinto Currency Thu, 12/07/2017 - 23:13 Permalink

when you go a restaurant that accepts pesos or dollars, the restaurant is exposed to currency risk.but, is that really what apmex is doing?apmex is smart...are they really just liquidating your bitcoin, and converting it into dollars during the transaction.  In which, there is zero exposure to exchange risk.that's what I'm guessing apmex is doing.  If that is really the case, they are merely providing bitcoin liquidation consierge services and they are not really "accepting" bitcoins in exchange for merchandise.i.e. marketing lingo 

In reply to by Pinto Currency

Eager Beaver Antifaschistische Fri, 12/08/2017 - 11:13 Permalink

Facts? Reality? You're just confusing these idiots. They don't realize how quickly you can turn a Bitcoin into fiat, because they've never done it. Anyone who thinks you have little bags of Bitcoins laying around after a transaction fails to understand the value, utility, and functionality of this platform. And we should let them entertian those delusions for as long as possible, because somebody needs to buying these things for the first time when it's at $100,000 - $1,000,000 / BTC. You can't spend tulips, but you can spend Bitcoin.

In reply to by Antifaschistische

UmbilicalMosqu… AlphaSeraph Thu, 12/07/2017 - 22:58 Permalink

NEVER is a long time. Generations in the future, if humanity is not exterminated, may be mining our garbage dumps. Or, if everthing on the surface of planet earth is ground-up, melted down, then turned under as it has been in past eons, all things will transform into their original states of being...ready to be mined by the next race of beings from wherever.

In reply to by AlphaSeraph

UmbilicalMosqu… AlphaSeraph Thu, 12/07/2017 - 22:58 Permalink

NEVER is a long time. Generations in the future, if humanity is not exterminated, may be mining our garbage dumps. Or, if everthing on the surface of planet earth is ground-up, melted down, then turned under as it has been in past eons, all things will transform into their original states of being...ready to be mined by the next race of beings from wherever.

In reply to by AlphaSeraph

I_rikey_lice Raffie Thu, 12/07/2017 - 18:49 Permalink

Just got off the phone with Apmex....Sales rep told me that beginning Jan, 2018 they will be accepting Itchy and Scratchy money as well as Canadian Tire dollars. I asked them about Litecoin and the other alts and the rep laughed and said "no fucking chance" we will accept those shitcoins. Oh well.

In reply to by Raffie

runningman18 runswithscissors Thu, 12/07/2017 - 22:17 Permalink

Bitcoin is a digital nothing recorded on a digital ledger created from thin air by a programmer.  Anyone can create a hundred more cryptocurrencies just like it.  No one can create a gold coin from thin air.  There's no comparison.  Plus, the banksters are happily pouring money into Bitcoin and other crypto, so, clearly they are not as threatened by it as the bitcoin cult thinks.   

In reply to by runswithscissors