And finally…financial alchemy achieved as broker agrees to sell gold for virtual money
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For the first time ever a bullion broker has said it is willing to accept virtual currency bitcoin as payment for gold and other precious metals.
London-based Sharps Pixley said that allowing customers to an immaterial currency to pay for bullion would provide them with “greater choice”.
“It is our view that many investors in bitcoin would like the option of holding intrinsic value in a traditional safe haven asset like gold,” Ross Norman, chief executive of Sharps Pixley, said.
The broker added that customers would use Bitpay, a bitcoin payment processor.
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