Home » Blogs » TrackingPoint Accepting Bitcoins for Firearm Sales

TrackingPoint Accepting Bitcoins for Firearm Sales

Foghorn - comments No comments

 largest-bitcoin-exchange-suspends-withdrawals.si

A few days ago, the powers that be in Washington decided that Bitcoin will be treated like a commodity and not like a currency. That means it’ll be taxed as capital gains if you make money off it, just like stocks. But there’s one thing that the untraceable, anonymous, and very high-tech crypto-currency can buy that you can’t directly trade your shares of IBM for: guns. Specifically, TrackingPoint’s Toyota Camry-priced rifle . . .

The Biz Journal has the story:

“We’re proponents of progress, both internally in our smart rifle development and externally in the rapidly modernizing world around us,” said John Lupher, TrackingPoint CEO, in a statement. “The recent advent and success of cryptocurrency has the potential to redefine our monetary system—and we must continue to innovate in our business practices as well as our technology.”

Apparently the decision to start taking the still-young currency is former rapper turned marketing meister Oren Schauble.

To put this in context, a company accepting Bitcoin for payment is basically like being able to trade a Vincent Van Gogh painting for a Prosche 911 (the kind that don’t catch on fire) and getting a couple Albrecht Durer sketches as change.

In the grand scheme of things, it’s not really a big deal. Trading goods and services is the basis of all business, no matter the currency. But because it’s the new and shiny Bitcoin that you can (OMG!) buy guns with now it’ll be to grab some headlines. Like this one.

0 thoughts on “TrackingPoint Accepting Bitcoins for Firearm Sales”

  1. “It’s your country; these are your gun laws.”
    EXACTLY. And we are trying to put ACTUAL common sense into them. Go home already Piers.

    Reply
  2. “No, Honey, I like the way you do it just fine, it’s just that I like the way my ex did it more…”

    Yep, your comment is kind of like that, Piers.

    Also, I’m sure that’s not the first time you’ve heard that.

    Reply
  3. There’s no logical, rational, or moral reason not to be able to own one.

    If someone were to ask, “Why?” One should ask them, “Why not?”

    Reply
  4. I think I should be allowed to own such a gun, unless and until I prove through my actions that I would use it to illegally harm another person.
    Now, ill personally never be able to afford one even if I was allowed to own it.
    But some people have struck it rich enough to pay to feed the beast. Why should I, or anyone, infringe on their rights to personal property?
    Murder is still illegal, so is negelant property damage. So I have no problems with someone owning it. When they go out to shoot it, if they hurt me or damage my property, that’s when I’ll get mad. And most gun owners are responsible enough to go shooting where there are safety limits in place- I.e. marked ranges.

    No firearms of any type should be regulated, in my opinion.
    The only “gun control” I support is actions.
    That is, I support laws prohibiting discharge of firearms in certain areas without good cause ( such as legal self defense).
    We don’t want people shooting in library’s for example, unless the library has a range intended for shooting.
    Infact, I only support prohibitions on discharging firearms on some public property. If a person is on their own property and is able to ensure the projectiles remain on their property, I don’t care. Go to town shooting.
    And I believe it is in the public interest to ensure some public property is set aside for the express purpose of discharging firearms.

    Reply
  5. Somewhere in the Heathrow arrivals lounge, Jeremy Clarkson cracks his knuckles.

    And smiles.

    And waits.

    So long, Pierce. It’s been annoying as hell listening to you loudly express ill-informed opinions on topics you know less than nothing about. You will be missed in the same way one misses a cold sore.

    Reply
  6. Just saw this story on the local Chicago news. The natives are rioting on 63rd & ghetto. I don’t blame them. What a BS shoot. The COP will probably have to move. NOT saying the young thug was innocent. This area (& the Westside) is the Worst part of Chicago. Maybe all of America. This AIN’T TEXAS either. Maybe I’m clueless but I can’t understand why this cop even lives there. Much better neighborhoods only a few miles away. Yep all the reports say he shot him in the back. And they always point a gun.

    Reply
  7. Trigger: Is there an aftermarket trigger replacement for the LC380/LC9 that improves the performance or gets it closer to the KelTec PF9 ?

    Taming Recoil: Galloway Precision makes a heavy duty replacement Recoil Spring for Ruger LC9 and LC380, rated at 20lbs, to help tame recoil & muzzle flip vs. factory spring rating of 16 lbs.

    Reply
  8. wow, lame.

    a buddy of mine during his time in the Navy secured himself several spent 5″ shell casings, which were used as an ashtrays on the enclosed back deck. only needed to be emptied every few months.

    Reply
  9. Is there a version with a threaded barrel? I’m looking for a .22 bolt to buy to go with my can, and so far I’ve had my eyes on Savage Mark II FV-SR, which looks perfect in almost every aspect… but I’d much prefer the Ruger magazine.

    Reply
  10. I bought the exact same rifle for my daughter’s birthday recently.
    I did so because I have a number of other Ruger products and this rifle is essentially a rimfire version of the American in 30-06 I have.
    I dig the sights, the mag, the action, and the trigger.
    However, this rifle series has a significant point of departure from it’s center fire predecessor: the ejector.
    It’s attached to one of the bedding blocks which are embedded in the stock.
    Right away, any after-market stocks are going to be a challenge: not likely to be cheap and I’m not sure how successfully the bedding and ejector will be reproduced and what kind of fit and float it will give to the barrel and receiver.
    I took my daughter’s rifle home, cleaned it and decided to cycle some snap caps through the action to make sure all is in order before I go and break in the barrel.
    I used the blue A-Zoom brand caps.
    The dual extractor claws have no problem pulling out the cap, but the ejector was not kicking them out. Closer examination showed the ejector to be very loose and wobbly. Another RAR in 22 mag at the store where the gunsmith has their shop had an ejector that was immovable.
    Since my daughter’s birthday is less than two weeks away, and Ruger customer service indicated that they may not be able to get the bun back to me in time for the birthday (never mind getting to break in the barrel), I had to pay $45 for a repair (something about an adjustment (ie bending?) of the ejector and replacement of a spring).

    Very curious to hear if others have observed/encountered a similar ejector issue.

    Reply
  11. Looks like another classic in the making. Love my 10/22, but I’ve had my eye on this one for quite some time. Would be a perfect choice for the beginner shooter and would probably have fewer occasions to choke up than the semi-auto 10/22 if/when you run across lousy .22LR ammo, which is rather notoriously dirty and so forth if you are buying the relatively cheap stuff.

    Reply
  12. While I think his overall thesis equating “climate change” to more crime dubious I do think there is some utility to what he may have found in the historical part of his analysis. If we can use his information to show that, for instance, it was the higher or lower temperatures in Chicago that drove the increase or decrease in crime rather than any of their disarmament measures that was responsible for the changes in the crime level this is great for us. It finally gives us a data set to point out that criminals are just as averse to working in sub-zero temperatures as the rest of the world.

    Reply
  13. How many guns will it cause to “go off” I wonder? I’m proud of my local fishwrap. They recently recounted the story of a tragic and fatal negligent discharge and said the gun “went off,” but in the next sentence said she “would have had to pull the trigger.”

    Reply

Leave a Comment