Suppliers accepting Bitcoin only

[Dominus]

A lot of my overseas connections are exclusively Bitcoin now for payment. I have basically stopped doing business with them 1. Because I am ignorant when it comes to crypto, and 2. You have to enter a lot of personal information to purchase certain amounts of it.

trying to wrap my head around this as there are so many other payment platforms to use… can anyone enlighten me on why Bitcoin seems to now be the preferred currency for UGL?

 

[Hilltern]

Probably why it is used for many transactions. Relatively untraceable, lightning fast, and easily convertable.

 

[Mikereyn513]

Probably why it is used for many transactions. Relatively untraceable, lightning fast, and easily convertable.

This that's why a lot of sites will give you a discount if you pay with crypto

 

[xR1pp3Rx]

unfortunately its fully traceable these days, especially if they use something like coinbase.

better get used to using it bro. the US dollar is dead and will likely tank with in the next couple weeks. the worlds governments are dumping the petro dollar and so to are the trading houses. many will no longer trade in US dollars. the prime minister of Kenya told his citizenry they have two weeks to get rid of it cause they will no longer be using it.

the brix are taking over the oil trading and that will ultimately usher in the CBDC, which is the governments version of bitcoin. therefore in the very near future you will be offered it as a repayment or something for all the cash you are about to loose.

they are saying the US economy will be fully crypto by july.

 

[Hilltern]

unfortunately its fully traceable these days, especially if they use something like coinbase.

better get used to using it bro. the US dollar is dead and will likely tank with in the next couple weeks. the worlds governments are dumping the petro dollar and so to are the trading houses. many will no longer trade in US dollars. the prime minister of Kenya told his citizenry they have two weeks to get rid of it cause they will no longer be using it.

the brix are taking over the oil trading and that will ultimately usher in the CBDC, which is the governments version of bitcoin. therefore in the very near future you will be offered it as a repayment or something for all the cash you are about to loose.

they are saying the US economy will be fully crypto by july.

Right, that’s why I said “relatively” lol. If someone has the will and the knowledge they can trace just about anything. FBI collected tens of millions of bitcoin ransoms in the last few years. There are ways to not be so obvious like coinbase but even then, where there is a will there is a way. The will doesn’t exist for many small time AAS dealers, especially in foreign countries too.

 

[Sparta12]

i hate btc payments, always lose money with the buying and transcation fees

 

[johnny412]

unfortunately its fully traceable these days, especially if they use something like coinbase.

better get used to using it bro. the US dollar is dead and will likely tank with in the next couple weeks. the worlds governments are dumping the petro dollar and so to are the trading houses. many will no longer trade in US dollars. the prime minister of Kenya told his citizenry they have two weeks to get rid of it cause they will no longer be using it.

the brix are taking over the oil trading and that will ultimately usher in the CBDC, which is the governments version of bitcoin. therefore in the very near future you will be offered it as a repayment or something for all the cash you are about to loose.

they are saying the US economy will be fully crypto by july.

lol you dont really believe that do you?

 

[xR1pp3Rx]

lol you dont really believe that do you?

you must not be paying attention. everyone is saying it so, yeah. not like I want any of it to happen but I challenge you to prove me wrong. er well not me but all the economists... prove them wrong. cause I would like nothing more than to see the petro dollar remain.

there is a reason several states are moving to outlaw CBDC.

 

[FloridaMan]

Just use a BTC service like changelly. Use your CC to buy and it transfers to the wallet number they send you.

 

[johnny412]

you must not be paying attention. everyone is saying it so, yeah. not like I want any of it to happen but I challenge you to prove me wrong. er well not me but all the economists... prove them wrong. cause I would like nothing more than to see the petro dollar remain.

there is a reason several states are moving to outlaw CBDC.

literally havent seen it or heard it anywhere but from you. the damn dollar is not gonna disappear in a matter of a few months. tf is wrong with you?

 

[Dominus]

i hate btc payments, always lose money with the buying and transcation fees

It’s ridiculous…

Just use a BTC service like changelly. Use your CC to buy and it transfers to the wallet number they send you.

this is good info, so “Changelly” will allow credit card purchases of Bitcoin? I am also finding that credit card companies are labeling these purchases as cash advances which carry more fees

 

[xR1pp3Rx]

literally havent seen it or heard it anywhere but from you. the damn dollar is not gonna disappear in a matter of a few months. tf is wrong with you?

may I suggest you quit watching Fox and CNN for your economic info~

FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets | The White House

Following the President’s Executive Order, New Reports Outline Recommendations to Protect Consumers, Investors, Businesses, Financial Stability, National Security, and the Environment The digital assets market has grown significantly in recent years. Millions of people globally, including 16% of...

www.whitehouse.gov

Central Bank Digital Currency (CBDC)

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

https://home.treasury.gov/system/files/136/FactSheet-Treasury-Report-Future-Money-Payments.pdf

today:
U.S. Treasury Introduces CBDC Digital Dollar Working Group - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights


Here is a quick video discussing currert and future actions. here she also states the US goal of july 23'

 

[Kevin T]

may I suggest you quit watching Fox and CNN for your economic info~

FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets | The White House

Following the President’s Executive Order, New Reports Outline Recommendations to Protect Consumers, Investors, Businesses, Financial Stability, National Security, and the Environment The digital assets market has grown significantly in recent years. Millions of people globally, including 16% of...

www.whitehouse.gov

Central Bank Digital Currency (CBDC)

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

https://home.treasury.gov/system/files/136/FactSheet-Treasury-Report-Future-Money-Payments.pdf

today:
U.S. Treasury Introduces CBDC Digital Dollar Working Group - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights


Here is a quick video discussing currert and future actions. here she also states the US goal of july 23'

The luxury of being the petro dollar and the reserve currency is coming to an end. When nations intentionally debase their currency, the result is always the same...Not good. The dollar's purchasing power in 1971 (the final nail in the gold standard) compared to now is insanely debased!

 

[FloridaMan]

this is good info, so “Changelly” will allow credit card purchases of Bitcoin? I am also finding that credit card companies are labeling these purchases as cash advances which carry more fees

Yeah, I use my debit card to be honest though. No extra fee that way minus a tiny processing fee from the exchange. it's way better than dealing with having to load money into an exchange, buy BTC, then transfer it and hoping that BTC doesn't tank in those 30 minutes it just took LOL... Payment usually goes through in about 15 minutes but you've already purchased the coin so it doesn't fluctuate.

 

[BBiceps]

BTC is easy when you get a hang of it and I would question a supplier’s legitimacy if he doesn’t accept BTC.

 

[johnny412]

may I suggest you quit watching Fox and CNN for your economic info~

FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets | The White House

Following the President’s Executive Order, New Reports Outline Recommendations to Protect Consumers, Investors, Businesses, Financial Stability, National Security, and the Environment The digital assets market has grown significantly in recent years. Millions of people globally, including 16% of...

www.whitehouse.gov

Central Bank Digital Currency (CBDC)

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

https://home.treasury.gov/system/files/136/FactSheet-Treasury-Report-Future-Money-Payments.pdf

today:
U.S. Treasury Introduces CBDC Digital Dollar Working Group - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights


Here is a quick video discussing currert and future actions. here she also states the US goal of july 23'

if you think anything like that is happening by july you are an idiot

 

[xR1pp3Rx]

if you think anything like that is happening by july you are an idiot

its them (your government) saying it dude. not me. I like my dollars. WTF you think the banks crashing isn't real either I suppose?
did you even fookin look at what I posted?? thats strait from your favorite biden admin. dumbass.

so far I am the only one bringing receipts, lets see that proof that these people are wrong.

 

[Dominus]

its them (your government) saying it dude. not me. I like my dollars. WTF you think the banks crashing isn't real either I suppose?
did you even fookin look at what I posted?? thats strait from your favorite biden admin. dumbass.

so far I am the only one bringing receipts, lets see that proof that these people are wrong.

I’m actually SVP of risk management for a medium sized bank. SVB was a very unique circumstance and was largely caused by incompetence on the operations side. Bank stock futures improved this week as many are seeing this doesn’t appear to be a widespread issue. Most banks are well leveraged, SVB was not. The fed can certainly push centralized digi currency but it won’t happen in a period of 3 months. It would take a decade to transition into a cashless economy.

 

[Stacks1]

its them (your government) saying it dude. not me. I like my dollars. WTF you think the banks crashing isn't real either I suppose?
did you even fookin look at what I posted?? thats strait from your favorite biden admin. dumbass.

so far I am the only one bringing receipts, lets see that proof that these people are wrong.

To be honest, I am not really following it either. From what you posted, it appears the government wants to classify cryprocurrencies as a security for oversight and regulation purposes. However, if classified as a security, then it wouldn't be a currency, as currency is not a security. So, it would be regulated via the government through the SEC and SROs like FINRA, just like stocks, but I don't see how that translates to the economy being fully crypto.

 

[xR1pp3Rx]

I’m actually SVP of risk management for a medium sized bank. SVB was a very unique circumstance and was largely caused by incompetence on the operations side. Bank stock futures improved this week as many are seeing this doesn’t appear to be a widespread issue. Most banks are well leveraged, SVB was not. The fed can certainly push centralized digi currency but it won’t happen in a period of 3 months. It would take a decade to transition into a cashless economy.

its not just SVB.. what about signature? credit Suisse? and this:>
After SVB collapse, almost 190 new banks could fail, says new study (usatoday.com)

 

[xR1pp3Rx]

its not just SVB.. what about signature? credit Suisse? and this:>
After SVB collapse, almost 190 new banks could fail, says new study (usatoday.com)

am honestly interested in your take.

 

[johnny412]

its them (your government) saying it dude. not me. I like my dollars. WTF you think the banks crashing isn't real either I suppose?
did you even fookin look at what I posted?? thats strait from your favorite biden admin. dumbass.

so far I am the only one bringing receipts, lets see that proof that these people are wrong.

dude you are delusional. keep drinking the coolaid bro

 

[johnny412]

"It would take a decade to transition into a cashless economy"
Not sure how long it would take but it damn sure aint happening in a 3 month span smdh

 

[xR1pp3Rx]

dude you are delusional. keep drinking the coolaid bro

keep voting democrat BRO !! its working for ya~

 

[johnny412]

its not just SVB.. what about signature? credit Suisse? and this:>
After SVB collapse, almost 190 new banks could fail, says new study (usatoday.com)

maybe you should take a break from politics and economy and go find you some good sports or video game websites to read. im serious. all these idiots posting articles all over the internet just to get clicks and attention and suckers like you take the bait and run with it.

 

[johnny412]

keep voting democrat BRO !! its working for ya~

im a trumper

 

[Kevin T]

An interesting thing to consider is that the last time the economy was in a rising rates state was the 1980's. That means nearly 2 generations of bankers, economists, financiers, etc have never seen a rising rate market in real time. The combined global debt now is 100's of times greater than the 80's. Banks and corporations are fully addicted to cheap/free money from the Fed, that tap has been closed. 2008 is gonna be a fond memory when this house of cards comes down.

 

[johnny412]

An interesting thing to consider is that the last time the economy was in a rising rates state was the 1980's. That means nearly 2 generations of bankers, economists, financiers, etc have never seen a rising rate market in real time. The combined global debt now is 100's of times greater than the 80's. Banks and corporations are fully addicted to cheap/free money from the Fed, that tap has been closed. 2008 is gonna be a fond memory when this house of cards comes down.

i totally agree

 

[xR1pp3Rx]

the VICE CHAIR of the fed said in front of congress YESTERDAY, that SVB appears to be causing a ripple effect that will collapse others.

 

[johnny412]

the VICE CHAIR of the fed said in front of congress YESTERDAY, that SVB appears to be causing a ripple effect that will collapse others.

the argument that you and i are having is that you say cash money will be no more by july. i could give a **** less about your bank arguement because that is not what i am arguing with you about......

 

[xR1pp3Rx]

i totally agree

the argument that you and i are having is that you say cash money will be no more by july. i could give a **** less about your bank arguement because that is not what i am arguing with you about......

Im not argueing with you. that was over long ago when you started acting like a dik. you and I are now mortal enemies. so... F/O

 

[xR1pp3Rx]

im talking to the other people with information to share.

 

[johnny412]

Im not argueing with you. that was over long ago when you started acting like a dik. you and I are now mortal enemies. so... F/O

lol