Purse.io Partners with ShapeShift

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Purse.io, the peer-to-peer marketplace that allows users to exchange their Bitcoins for Amazon products and vice-versa, haspartnered with ShapeShift in order to allow its users to use other crypto currencies aside from Bitcoins. This is made possible through the simple implementation of the “Shifty” button (seen above), which allows users to instantly convert their alt-coins to BTC as long as they’re supported by ShapeShift. At the time of this writing, the list of supported alts is as follows: Blackcoin, BitUSD, Bitshares, BitcoinDark, Clams, Counterparty, Dash, Digibyte, Dogecoin, Feathercoin, Litecoin, Mintcoin, Monero, Namecoin, Nubits, Nxt, Novacoin, Potcoin, Peercoin, Quark, Reddcoin, Ripple, Shadowcash, Startcoin, Tether, Unobtanium and Vericoin.   Purse.io CEO Andrew Lee had this to say about the partnership: “We’re excited to partner with Shapeshift.io to deliver huge savings on Amazon.com for not just the bitcoin community, but altcoin community as well, …” An spokesperson on Reddit added: “Since the day we started, we received requests to integrate altcoins. It always seemed like a lot of squeeze for the juice. Plus, we weren’t looking forward to having to keep up with the latest altcoin of the month.Shapeshift solves these problems beautifully. Thanks /u/evoorhees and team for making the integration super simple! …

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Since money was first invented many thousands of years ago, poverty has always been a social problem. Income inequality has always existed. A few select people have the majority of the wealth, while everyone else have a minority of the wealth available. The Industrial Revolution of the 19th century and the arrival of the internet at the end of the 20th century did nothing to change this reality. Many people remained poor, in spite of the revolutionary way in which standards of living changed for the blue collar day laborer. Precious minerals constituted a great part of this wealth. Among these were gold, silver, platinum, diamonds, rubies, emeralds, and sapphires. Each mineral has its own intrinsic value and thus its own unique price. Both governments and wealthy people recognize that precious minerals are a better way to secure long-term wealth than fiat currency, for fiat currency is subject to the whims of rulers. It may be inflated, or hyper-inflated. Its value is often determined by the decisions of those who own a nation’s printing press. This is not the case for cryptocurrency, however. Cryptocurrency is essentially digital money with no physical basis. It cannot be printed. It can be introduced all at …