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RE: The Bullion / Crypto Business Model: Successful Australian Dealer Featured On The Alex 'Nugget' Saunders Channel
I just watched this the other day, on the Ainslie bullion website.
I also emailed Paul from Ainslie, requesting he look into accepting steem/SBD for bullion purchases.
I know @phelimint is doing so, which will come in handy for the steem coins, but I'd rather not deal with Customs if I don't have to.
His response was encouraging.
Yes, we are looking at expanding our offerings and steem is certainly on the list for consideration.
We are also looking at our systems and liquidity solutions for such non 'mainstream' coins and new offerings will be made once that project is under our belt.
I was at Ainslie earlier this week and they mentioned getting bitcoin cash set up next and looking at others from there! Definitely a smart business move especially seeing as though not many are heading down this path.
They mentioned demand in December was crazy but everyone is freaking now the price has dropped????? Now is the time to buy and HODL
Hi @firdog78. It's a great place to visit. I've been there many times myself. Great to meet a fellow customer! Bitcoin Cash has certainly proven to be much more than the flash-in-the-pan that many thought it would be pre-fork. As @mattclarke mentioned, they're looking at Steem support too, now that's exciting for us on this platform!
Be great to see them take Steem or SBD
The trick is convincing them to list it; then making sure its worth the effort.
Absolutely agree. I will definitely add to my silver stack if they do.
As will I. The silver hooks have really dug in :)
I love my crypto, but taking some profit in silver makes it tangible.
That's very promising @mattclarke! Paul is a genuine and intelligent chap and I'm sure they've got the acumen to pull off Steem support should it prove to be a viable prospect for them.
I can't imagine him electing to accept steem and subsequently deciding it was a mistake :)
Seems sensible to accept a crypto that can be acquired through effort rather than via an exchange, although there are many considerations that may not be that evident in the surface. Would be a nice closed loop from blogging to stacking! Fingers crossed 👍