Peter Schiff’s Euro Pacific Precious Metals has begun to accept Bitcoin transactions, not because Peter Schiff likes Bitcoin per sae, but because it is a great opportunity to give Bitcoiners an avenue to divest themselves from their Bitcoin holdings.
“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,” said Michael Finger, Director of Marketing at Euro Pacific Precious Metals. “Not only does BitPay’s service make business sense, but we are excited about giving owners of bitcoin the opportunity to inexpensively and reliably convert any excess holdings into precious metals rather than back to fiat currency.”
Euro Pacific Precious Metals works with BitPay to accept Bitcoin.
“We are very excited to form a partnership with Euro Pacific Precious Metals, especially right on the heels of our collaboration with Toshiba,” said BitPay CEO Galippi. “BitPay is honored to have a role in helping such global and established companies integrate bitcoin into their payment systems.”
You can see the website here: www.europacmetals.com