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Offline Gentso1


I am proud to formally announce that work has begun on the first site to convert a bitasset to its physical form: cryptosmith.info


The goal of Cryptosmith is simple, leverage Bitsilver's pegging against is real world counterpart for physical redeem-ability. This will site will act as a exit ramp only and will serve to show every merchant out their what can be done with bitasset's. While our competitor's want to "help" you hold your precious metals at the cost of storage fees and added counter-party risk, our goal is to get your precious metals to you safely and quickly.

When a user visit's our site they can expect a pure and simple shopping experience. From your product selection, to the time your precious metal hits your door rest assured that you are in good hands. As such all packages are tracked, insured and signature confirmation is required.


At launch we are pleased to announce shipping to the following countries:
Australia
Austria
Belgium
Canada
Denmark
Finland
France
Germany
Hong Kong SAR China
Iceland
Ireland
Isle of Man
Israel
Japan
Luxembourg
Mexico
Netherlands
New Zealand
Norway
Portugal
Romania
Singapore
South Africa
South Korea
Spain
Sweden
Switzerland
Thailand
United Kingdom
United States
Vatican city


We would like to offer gold as well and are looking into it, for now I would like to leave it at that.

At Cryptosmith we proud to say we only accept bitasset's, no fiat, no Bitcoin, no Alts.

Stay tuned to this thread for updates as they come and remember to support https://bitsharesblocks.com/delegates/delegate?name=delegate.verbaltech
« Last Edit: February 14, 2015, 03:06:37 PM by Gentso1 »

Offline mdj

Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #1 on: February 14, 2015, 03:14:09 PM »
This is awesome :)
In the UK you have to pay 20% VAT on Silver purchases though :( How're you handling that?

Offline edilliam

Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #2 on: February 14, 2015, 03:16:41 PM »
 +5% Good work Gentso1! 

Offline Troglodactyl

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Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #3 on: February 14, 2015, 03:17:08 PM »
Awesome! Is this something you're personally building, or a business partnership you've been developing as a BitShares delegate?

Offline matt608

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Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #4 on: February 14, 2015, 03:23:31 PM »
Great work! 
« Last Edit: February 14, 2015, 03:27:07 PM by matt608 »

Offline xeroc

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Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #5 on: February 14, 2015, 03:50:45 PM »
wow .. awesome ..

@marketeers ... do what you are good at .. sell this shit!!
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline robrigo

Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #6 on: February 14, 2015, 03:53:41 PM »
Way to make things happen Gentso1!

Do you have any idea as to the obstacles there are to providing this service in South American counties? The land of silver could really use some bitSilver.

Offline Gentso1

Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #7 on: February 14, 2015, 04:03:16 PM »
This is awesome :)
In the UK you have to pay 20% VAT on Silver purchases though :( How're you handling that?

We have to respect the laws of every  location that we ship to, all package contents are noted with the shipper for tracking and insurance purposes.

Offline Gentso1

Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #8 on: February 14, 2015, 04:03:34 PM »
Awesome! Is this something you're personally building, or a business partnership you've been developing as a BitShares delegate?

Both :)

Offline Gentso1

Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #9 on: February 14, 2015, 04:07:53 PM »
Way to make things happen Gentso1!

Do you have any idea as to the obstacles there are to providing this service in South American counties? The land of silver could really use some bitSilver.

I am finding that each country presents its own unique obstacles, with that being said we will support the above countries at launch and work to add as many as legally possible.
 

Offline wesphily

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Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #10 on: February 14, 2015, 04:20:10 PM »
This is awesome :)
In the UK you have to pay 20% VAT on Silver purchases though :( How're you handling that?

Easy: crypto is not considered a currency. It is considered property. You are not purchasing silver. Instead, you are bartering for it. Different rules apply.

Offline Frodo

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Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #11 on: February 14, 2015, 04:24:13 PM »
Very impressive. This is exactly the stuff we need. I wish you all the best of luck  :D

Offline Rune

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Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #12 on: February 14, 2015, 04:27:09 PM »
Happy to see this getting started!

Hope we can have both bitgold and bitsilver fully liquid when the service launches.

Offline Gentso1

Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #13 on: February 14, 2015, 04:32:56 PM »
Happy to see this getting started!

Hope we can have both bitgold and bitsilver fully liquid when the service launches.

I think both of the services that we offer complement each other. I would go as far as to suggest, I want to see a silver Cryptohedge bot and you want to see a gold product offered by Cryptosmith. Thoughts?

Offline BunkerChain Labs

Re: Cryptosmith: BitSilver to silver website construction has begun!!!
« Reply #14 on: February 14, 2015, 04:44:04 PM »
This is awesome!!  +5% +5% +5%

I think it's kinda ironic we got this going before we got something working for fiat.

Nonetheless.. with the bunker and our Bank of Canada vault that we plan to line with safety deposit boxes both for documents, valuables, and cold storage data, it is often suggested by some that it would be a great place for storage of gold and silver and other precious metals as well. You get the protection of a nuclear bunker, combined with a safe, and of course we would make the necessary legal work to ensure the utmost in trust and protection.

Not trying to hijack the thread or anything.. I think this is all awesome.. the subject of storage and where to send it was mentioned so I thought it might be worth it to get a sense of interest. In terms of fees.. we might be able to 'bundle' it somehow with data services from DSN or some other arrangement as well to save on that. Any feedback is appreciated. Otherwise.. how do you store it?

Regardless of my inquiry.. love this work.. good job!  +5%
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