Purchase Gold with Bitcoins via Peter Schiff’s Euro Pacific Precious Metals

Back in November 2013, famous investor and gold proponent – Peter Schiff – had stated that Bitcoin was merely a bubble resembling the modern day tulip mania, and that he did not think it would end up being a source of commerce for the world. On 22nd May 2014 however, BitPay announced in a blog statement that Peter Schiff’s Euro Pacific Metals will be the latest merchant to accept Bitcoin payments through their platform.

Bitcoin offers tremendous benefits as a medium of exchange for both our domestic and international customers. A wire transfer of fiat funds can be slow and expensive for the customer, and credit card fees are too high to absorb at the low premiums we offer, stated the Director of Marketing at Euro Pacific Precious Metals, Michael Finger, in a p ...

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