Frontier Tactical accepts Bitcoin
Frontier Tactical is the first gun maker to accept cryptocurrencies. (Photo: Frontier Tactical/Facebook)
A Florida-based gun manufacturer became the first to accept cryptocurrency last month.
Frontier Tactical CEO Nate Love told Guns.com Tuesday a few people have used Bitcoin and Litecoin to buy smaller items from his online store since launching the currencies in December.
“I’m not sure if we are out ahead of a trend as the industry is slow to adopt new technologies,” he said, noting some gun dealers still record transactions by hand. “But I believe there is a future for cryptocurrency.”
Love said its less risky and faster to deal with as opposed to the red tape of traditional banking and plans to add other forms of currency in the future.
Investors agree. Stock prices for Bitcoin surged 2,000 percent to nearly $20,000 a share in 2017 — eight years after “miners” began collecting the virtual currency and trading it online in an anonymous system “unaffected by politics.”
Prices for Bitcoin shares dropped below $10,000 Wednesday as South Korean officials threaten to clamp down on cryptocurrencies inside the country.
“The action we’re seeing may seem dramatic but is really quite normal for this market,” Mati Greenspan, senior market analyst at eToro, told CNBC. “All in all, this drop has brought us back to the prices that were traded about a month ago for most coins.”
Frontier Tactical isn’t the first gun maker to consider Bitcoin. In 2014, TrackingPoint CEO Ken D’Arcy floated the idea of accepting cryptocurrency, but ultimately decided against it.
The post Frontier Tactical accepts Bitcoin appeared first on Guns.com.
Source: http://www.guns.com/2018/01/17/frontier-tactical-accepts-bitcoin/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
| Online: | |
| Visits: | 1,603,986,367 |
| Stories: | 8,151,864 |
Whistler Blowers, Insiders
I think slowly everyone is accepting the importance regarding how far Bitcoin and the whole Blockchain technology have come. It is certainly the way forward and is going to be huge. With stuff like Lift Token coming in, it is going to be HUGE and the concept of this is awesome.
It is a network, based on the Ethereum blockchain connecting drivers to passengers by using a smartphone app. It is the easiest way to use taxi service without having to go over the board in terms of expense. The presale is active with 35% bonus, so it shouldn’t be missed.