Need Advice: www.autoyard.shop purchase with bitcoin

They are legal and so is the coin.

" The U.S. Treasury classified bitcoin as a convertible decentralized virtual currency in 2013.

Bitcoin was mentioned in a U.S. Supreme Court opinion (on Wisconsin Central Ltd. v. United States) regarding the changing definition of money on 21 June 2018.[28]

If money services businesses, including cryptocurrency exchanges, money transmitters, and anonymizing services (known as "mixers" or "tumblers") do a substantial amount of business in the U.S., they are required to

register with the U.S.FinCEN as a money services business
design and enforce an anti-money laundering (AML) program, and
keep appropriate records and make reports to FinCEN, including Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs)[29]

Seventeen other countries have similar AML requirements.[13] As of 2018 U.S. FinCEN receives more than 1,500 SARs per month involving cryptocurrencies.[29]

In September 2016, a federal judge ruled that "Bitcoins are funds within the plain meaning of that term".[30] In June 2018, Supreme Court of the United States debated bitcoin future for the first time.[31] Bitcoin and similar cryptocurrencies are regulated as both currency and as a security under U.S. law. [32]

Within the U.S. many states are also pursuing legislative/regulatory efforts to cover crypto instruments.[33]

Not officially Legal tender but not illegal "

Source: Legality of bitcoin in the US:
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

 
Respectfully and sincerely
Paul, Knoxville, TN

Not sure if it's legal or not but I would stay away.

It is illegal in Algeria, Egypt, Morocco, Bolivia, Colombia, Ecuador, Saudi Arabia , Iran, Bangladesh, Nepal, Pakistan, China, and so on.

These are countries who's economy is not very stable and they don't want to depend on bitcoin. They would probably crash. Only civilized countries accept bitcoin .

They are legit. There are thousands of companies that accept bitcoin and craigslist allows "cryptocurrency OK" to be checked when you post. If it was illegal they wouldn't allow it as an option.

Not sure how many Americans own bitcoin and I don't think we could ever find out for sure.

Hot Dog Empire

I believe that the more Americans use or own bitcoin the economy will go up. Who holds the cash holds the power. And from what I know there is a limited amount of bitcoin that will be in circulation at some point. So there is no inflation like there is with physical cash.

Thanks again. I appreciate the help. I will go ahead and buy the trailer because I don't want to miss this and there isn't much time. Form what I understand there is a gap of 3 to 5 days until delivery. Is that correct? Anybody had anything delivered from these people?

I've waited longer for smaller things so we are OK with that. They state that with bitcoin the shipping time is reduced because the payment is confirmed faster.

Anyway, thanks again for the feedback, I appreciate it and will let you know if something goes wrong.

Thanks!

Food, I do appreciate your advice and I have studied on it and you are right. I need to make sure I have enough space for what I need. I am working on that now.