Looking for a more secure way to pay for firearms purchases? One that doesn’t discriminate against gun owners? GunBroker announced today that they’ll be accepting payments via FreedomCoin cryptocurrency.

Here’s their press release . . .

GunBroker.com Introduces FreedomCoin at SHOT Show 2019

Exclusive cryptocurrency empowers merchant communities to pay and be paid their own way

ATLANTA January 22, 2019 GunBroker.com, the world’s largest online marketplace for hunting, outdoor sports, and firearm products, is offering its millions of users a better, faster way to buy and sell online by introducing FreedomCoin, a regulatory compliant cryptocurrency. This secure digital payment option is more convenient and typically less expensive than money orders, credit cards, and other digital wallets. As companies such as PayPal turn their back on legal firearms sales, GunBroker.com is moving to empower the users on its site to complete simple, trusted transactions as they see fit.

GunBroker.com users can buy FreedomCoins with U.S. dollars and store them in personal, secure blockchain wallets until needed. Buyers and sellers can choose to accept and use FreedomCoin for transactions on the website.

“We’ve heard the pain points of our merchant community. GunBroker.com is tapping blockchain technology to replace the need for other costly and time-consuming payment options,” explained Patricia W. Huff, Director of Marketing at GunBroker.com. “FreedomCoin represents the future of payments and an opportunity for people to use regulated cryptocurrencies for everyday purchases.”

The digital wallets are powered by BitRail, a blockchain-backed infrastructure that enables organizations to operate regulatory compliant cryptocurrencies for payments. Users can quickly convert funds from dollars to FreedomCoin and back again though an easy-to-use app. The platform provides the same buyer protections as credit cards but includes an additional layer of security through blockchain verification, two-factor authentication, and price volatility management.

“Unlike the cryptocurrencies you hear about in the news such as Bitcoin or Ethereum, FreedomCoin is a stable coin pegged to the dollar,” said Jay Zwitter, GunBroker.com Director of Sales. “FreedomCoins will not lose value after you purchase them.”

Setting up a wallet is simple and only requires a valid email, phone number, and the last four digits of a Social Security number, which is the same information GunBroker.com already requires. Safeguards built into the platform help prevent fraud and ensure complete regulatory compliance. Information about who buys or sells what will not be openly shared on the blockchain and will remain private.

To get started with FreedomCoin, and to see a demo of how the platform works, visit www.FreedomCoin.cc. If you are at SHOT Show, stop by the GunBroker.com booth: #15147.

About GunBroker.com

GunBroker.com is the world’s largest online marketplace for firearms, ammo and accessories. Launched in 1999, GunBroker.com is an informative, secure and safe way to buy and sell firearms, ammunition and hunting/shooting gear online. GunBroker.com promotes responsible ownership of guns and firearms. Aside from merchandise bearing its logo, GunBroker.com sells none of the items listed on its website. Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items. Ownership policies and regulations are followed using licensed firearms dealers as transfer agents.

About FreedomCoin

FreedomCoin is a stable, legally compliant utility token available for simple, trusted transactions on the BitRail infrastructure and supported by the issuing entity FreedomCoin Inc. Based in the United States FreedomCoin Inc facilitates the mainstream adoption of cryptocurrencies by consumers and demands the highest standards of legal compliance. The company adheres to local money transmitter regulations and ensures FreedomCoin is both KYC and AML compliant. FreedomCoin is a stable coin pegged to the U.S. dollar and is the preferred payment method and partner of GunBroker.com.

21 COMMENTS

    • Funny guy here, real funny.

      I use Ethereum for adult artwork transactions because paypal shit lists anyone they don’t like or doesn’t sing their tune. Paypal will not hesitate to outright steal your money if you sell NSFW products, gun parts or accessories, donate to the “wrong” charity or organization.

      TTAG article came up in a DDG search about gunbroker and paypal. I may look into FreedomCoin.

  1. FreedomCoin is BitRail.

    BitRail’s developer is ICOx Innovations

    https://globenewswire.com/news-release/2018/10/19/1624206/0/en/ICOx-Innovations-Inks-Agreement-with-BitRail-for-the-Development-of-its-Unique-Crypto-Economy-and-Payments-Network.html

    ICOx Innovations were the only ones who got money out of the kodakcoin mess.

    https://davidgerard.co.uk/blockchain/2018/12/10/the-kodakcoin-ico-failed-and-now-everyone-wants-their-money/

    RUN AWAY

    TAG, please do some research before you post a press release. The moment ANYONE uses the term “crypo” you should have red flags popping up.

    • I saw FreedomCoin and “pegged to a dollar” and thought, “bullshit!” First off, never heard of it, second they would need a lot of cash to be held to back that “pegged to a dollar” value. Otherwise they are just stating “this is worth a dollar” when in fact, it isn’t. If the company goes bankrupt, you are left holding useless coins that are in fact, not a dollar.

      • “Otherwise they are just stating ‘this is worth a dollar’ when in fact, it isn’t. If the company goes bankrupt, you are left holding useless coins that are in fact, not a dollar.”

        This is no different with the dollars in my wallet now….

  2. I’d like to see some gun retailers and sites move to Union Pay and not just Discover processing the Union Pay cards. I’m really ready to get Union Pay since there are no foreign transaction fees with that card and it’s accepted all over the world.

    • A Chinese financial services corporation headquartered in Shanghai providing merchant services for American gun retailers? WTF

  3. Yes, the 1913 FED act for dead presidents on paper backed by IOUnothing since 1971 and forced at gunpoint into use is far less of a scam then a fully voluntary, instantly audited and verified, non seignorage currency that removes the primary power of the same people successfully disarming us. /sarcasm. No wonder we are losing our inalienable, naturally born rights. Too many luddite knuckle draggers here who love their enslavement to the money masters. Just try using the cryptos to see how easy they are and potentially untraceable. Not for investment but for transactions they are unsurpassed. I am going to buy a new HK with the Freedom oin just to poke the monetary beast.

    • This is NOT a true crypto. They are recording every transaction. Or do you think they are giving you “credit card protection” on your word.

      Hay, I may have a business opportunity for you.

      • @binder I agree with you on FreedomCoin not being a true crypto as I am well aware. Nonetheless, crypto is the most viable, available solution for anonymous value exchange online. Paypal as @raptor Jesus and some others want to run with has openly espoused anti-2A positions. At least with FreedomCoin you have avoid interbank exposure. Yes, DASH, Monero, Zcash, PIVX and a host of other cryptos would allow fully anonymous transactions. Unfortunately, the way behind the times firearms world has rejected the obvious solution in favor of being b*tch slapped by the banking cartel and the rest. We each choose our own way in or out of enslavement.

  4. In 1973 an underground magazine published by “The Weathermen” forecasted that by 2013 there would be no more hard currency. They claimed that by eliminating hard currency the government’s would have information of all the purchases one made. I personally do not buy any firearm or firearm related item with anything other then cash. That is getting more difficult as time passes. In the famous words of the talking horse featured on “Ren & Stimpy, ” No Sir I don’t like it.”

  5. The problem with this is that if it primarily gets used for guns (which seems to be the case) then it’s pointless. The banks could just refuse transactions with any associated brokers, because of “the risk of gun related transactions.”

  6. The cryptocurrency market does not tolerate playing for luck. Retail and large traders compete here. Some take the winnings, others leave the market empty-handed, and sometimes with debts. Therefore, you need to take digital asset trading seriously, choose a reliable tool for a comfortable process, such as Bittrade Bitcoin Scalping, calculate each step and think about possible negative consequences.

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