Aussie Bullion Dealer Announces It Will Be Accepting Litecoin & Ethereum For Transactions & Storage
I've been sitting on this news for a little while & it's been hard keeping the secret but now it's been made public, I can share with Steemit that Ainslie Bullion plans to expand their Bitcoin services that I covered here to include Litecoin & Ethereum!
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motherboard.vice.com
The Brisbane based business currently offers Bitcoin buy & sell functionality, secure paper wallet creation, allocated physical wallet storage and the ability to buy or sell metal with Bitcoin. This service has attracted a lot of attention, including The Australian Financial Review which featured an article on the topic recently.
Ainslie writes:
We are in no way moving our core business away from gold and silver. We are however adding another monetary asset in the form of bitcoin to our customer offer. We are even expanding that offer to Ether and Litecoin. Why? Because that is what our customers want and no one else was offering the ease and security to purchase in person that we do. We also are the first to acknowledge, as stated in the above article, that some crypto currencies exhibit the same fundamental monetary properties as gold and silver. We are simply offering another monetary asset, not moving from another. We actually think they are quite complimentary.
There's a lot of momentum in the adoption of cryptos and I think it's significant that businesses are not only adopting Bitcoin but now alternative coins too. These are exciting times!
I have always wanted a bullion hehehe
We are probably the only business in Bathurst that accepts BTC :)
Just have to work out the ato legalities ;)
Bathurst! Great mate. What business do you run @dardi?
We just finished travelling in a caravan with 3 kiddies, and now back to our house..So we re-instated our previous Bathurst Rubbish Removal business, but are also in the process of starting up True Blue Aussie Bush Camping. A camping and gold panning experience with damper etc lol..(for overseas tourists hopefully)
oh really...
Yep, really.
Hopefully this will grow fast. I would love to be able to just sell some crypto for gold and silver whenever I want . Or buy anything, more and more arebehining to accept those three, hint?
Top crypto to have seems like litecoin which has more than tripled over the last few months.
Thanks for this update!
Pleasure @buster544. Yes being able to trade rhe two without the middle fiat man would be wonderful. Ditch fiat! It's pernicious time is coming to a close.
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Haha hopefully in the next couple of years I can get my hands on some pirate money!
I'm continuously buying more and more crypto. I firmly believe it is the future and not only is it a great investing asset but all of its benefits are more beneficial opposed to fiat.
More power to you @grizzam. Dollar cost averaging in is a good play. I buy to hold.
Great post, upvoted and followed - just another testament to the versatility of these new cryptocurrencies.
I have just uploaded a case in favour of ethereum over bitcoin - let me know what you think!
Alex
no daring to say much.I just said a very good post.always success,!thank you!
no daring to say much.I just said a very good post.always success,!thank you!