DPL-Surveillance-Equipment.com

These are new product announcements from my main website (Open 24/7/365). We have a life-time warranty / guarantee on all products. (Includes parts and labor). Here you will find a variety of cutting-edge Surveillance and Security-Related products and services. (Buy/Rent/Layaway) Post your own comments and concerns related to the specific products or services mentioned or on surveillance, security, privacy, etc.

Friday, January 24, 2014

TigerDirect Becomes The Latest Retail Giant To Accept On Bitcoin And We Also Discuss The Implications of Bitcoin




Another major online retailer has announced that it is now accepting bitcoin. This time it’s TigerDirect.

The company revealed the news on Thursday to much fanfare on its site, with an educational guide to bitcoin and incentives for GPU card shoppers to “Start Mining with AMD”. TigerDirect will use BitPay as its payment processor, becoming that company’s largest client to date. Bitcoin will be accepted only for online purchases, not in physical stores.

TigerDirect’s parent company, Systemax Inc. (which includes Canadian subsidiary TigerDirect.ca) is a Fortune 100 company with annual revenues of over $2bn and more than 3,000 employees.

“TigerDirect has always been on the forefront of alternative online payment methods and delivering the most convenient ways for our customers to shop,” said Steven Leeds, TigerDirect’s Director of Corporate Marketing.

“With individuals building their own high-powered PCs with parts offered on our site to mine bitcoins, it’s a logical fit.”


Paige Freeman, BitPay’s VP of Sales, added: “We couldn’t be more pleased to partner with such a forward thinking, customer-focused company as TigerDirect. Now that they are accepting bitcoin, there will be many others to follow in their footsteps.”

Getting Serious

TigerDirect, like fellow electronics retailer Newegg, has been teasing bitcoin plans for a few months now. The time for teasing is over now, though – Overstock.com began taking bitcoin at the start of the year, a good six months ahead of schedule, surprising many who thought its CEO was merely thinking aloud. Payment processor Coinbase jumped on the case as soon as it heard the speculation, and worked without break to develop an implementation.

Online electronics retail in the US is reported to be worth $43.8bn a year. With TigerDirect now officially in the bitcoin camp, there will be greater pressure on Newegg to announce something more definite soon.

Bitcoinstore, a smaller retailer which launched last February as a direct bitcoin-only challenger to the big online electronics retailers, tried to tip TigerDirect’s hand when it posted a tweet on 30th November with a screenshot of its recent orders:






TigerDirect Replied The Same Day:






It Was Duly Retweeted Nearly 800 Times.

On Christmas Day, a company representative replied to a user’s bitcoin request on Facebook with another hint of something to come.







Here Come The Retailers
Until Overstock.com took the plunge, bitcoin had attracted far more attention from financial world entrepreneurs than Big Retail. Many had been curious, but seemed to be waiting for better payment (and legal) structures to exist before taking action. Eyes were mainly on technology and computer hardware specialist retailers, whose customers were considered more likely to be bitcoin users.
Shopify announced it would introduce bitcoin payment options for its independent merchants in November. Overstock.com is an online retailer, but it deals mainly in household goods, so it was surprising to people unfamiliar with its CEO Patrick Byrne’s anti-government currency beliefs when it announced a plan to accept bitcoin. Byrne named interchange and credit card fees as the chief reason for the business move.
MarketLine research indicates online retail in the US alone was worth $200.4bn in revenues in 2012. The electronics segment is the most lucrative of all, its customers supplying 21.9% (or $43.8bn) of that total. Having experienced a compound annual growth rate (CAGR) of 11% between 2008 and 2012 despite the economic hard times, online retail as an industry is projected to grow to $371.4bn by 2017.





Industry Impact

Other online retailers are no doubt salivating at the thought of keeping more of that revenue in their own accounts, rather than handing it over to banks and credit card companies. They will also be watching closely to see how companies like Overstock.com and TigerDirect handle new consumer issues related to bitcoin, such as how to properly identify and resolve fraudulent purchases, and how such things can be proven.

It will also be a test for payment processors BitPay and Coinbase to address bitcoin’s price volatility issues for retailers. But, these new companies coming online are in a new league, with annual revenues on a much larger scale.


The IRS will definitely be looking for its share, though it shouldn’t be a problem with bitcoin income being converted instantly to dollars. Some in government, however, still bristle at the idea of large-scale adoption of a currency not under state control. There’s no guarantee future retail adopters of different sizes will use one of the large processors, or bother to convert at all.

TigerDirect, headquartered in Miami, Florida, sells electronics online and through its retail outlets and B2B offices. It grew from a software retailer in 1989, absorbing both Circuit City and CompUSA along the way. Parent company Systemax Inc. controls a system of branded e-commerce websites, retail stores, relationship marketers and direct mail catalogs in North America and Europe. As well as TigerDirect, its brands include MISCO, WStore and Global Industrial.








The Implications of Bitcoin: Money Without Government


One of my favorite things about bitcoin is how it’s such an all-inclusive tent.

Bitcoin attracts political idealists from the right, political idealists from the left, Silicon Valley technologists, social science academics, philosophers, capitalists, socialists, and even apolitical speculators.

Alex Payne kicked off this latest round of analysis with his blog piece: “Bitcoin, Magical Thinking, and Political Ideology”. A self-described programmer and secular humanist, Payne worked as an early engineer at Twitter building the service’s developer platform and backend infrastructure.

Mostly, he criticizes Silicon Valley for its self-indulgent hyper-capitalism that lacks meaningful solutions to real-world problems. Oh yeah, and he specifically targets Chris Dixon, Andreeseen Horowitz, and their Coinbase investment.

Chris Dixon, Andreessen Horowitz’s partner on the Coinbase board, promptly shot back in defense with “Why I’m Interested in Bitcoin“ where he disavowed himself of any libertarian ideology or “fantasies of a crypto-powered stateless future” and instead highlighted bitcoin’s technological promise in reforming the mismanaged financial system.

Personally, I prefer Marc Andreessen’s recent tribute in The New York Times, “Why Bitcoin Matters.

The divide between ideology and technology as the driving purpose behind bitcoin permeates the bitcoin investment community and the Bitcoin Foundation’s approach to public policy. Advocating and using a non-political monetary unit is a forceful political statement. Investing in a non-political monetary unit or its infrastructure companies is an equally powerful statement.

The bitcoin network cannot be separated from the bitcoin monetary unit and if the central bank, or the Federal Reserve in the United States, provided an important function, bitcoin would be unnecessary.

Carried through to its ultimate conclusion, the bitcoin unit competes with the government’s unit in a modern version of Hayekian currency competition.

More importantly, bitcoin is money without government: just as one cannot separate the bitcoin network from the bitcoin monetary unit, one cannot separate the bitcoin network effect from its central banking implications.

Personal Journey


My personal journey towards bitcoin began in the mid-1990s when David Chaum’s DigiCash company and technology debuted in America.

At that time, I was working in Silicon Valley at RSA Data Security’s new spin-out company, Digital Certificates International, that later became VeriSign. The new SSL encryption in Netscape browsers relied on these digital certificates for authenticating and securing web servers.

With Chaum’s DigiCash technology, for the first time ever, digital bearer features of physical cash could be emulated in software using cryptographic protocols.

This Was Pure Genius And It Hit Me Like A Ton of Bricks.

During the next two years, I started thinking through scenarios of monetizing equity mutual funds and real estate and how ideas like e-gold could be transformed into digital bearer instruments backed by gold, not just a ledger-based transfer system. I even published a research paper at the London School of Economics.

However, I quickly realized that the centralized nature of these two systems inherently gave them a limited life span due to a single point of ‘failure’ that could be used for suppression.

Predictably, the political pressures increased with DigiCash needing regulatory approval to operate as an issuing mint within a bank and then e-gold suffering a Department of Justice shutdown and asset seizure at the peak of its epic success.

My thoughts shifted to how precious metals and other commodities could be stored, assayed, and audited without revealing knowledge of their location. This proved to be a very difficult feat.

The Bitcoin Protocol Network Effect

In late 2008, five years ago, a developer named Satoshi Nakamoto devised a protocol which distributed trust across a decentralized peer-to-peer ledger and eliminated confiscation risk by replacing physical assets with a mathematical proof of work.

More than anything, it is these two features that would lead to bitcoin’s real world success because the system now had the attribute of survivability. When angels and venture capitalists invest in bitcoin-related business models, they are investing in a survivable protocol – a protocol that will survive political institutions.

“Money naturally operates like a virus and that makes digital bitcoin potently viral: it is viral cubed.”

Herein lies the dichotomy: how can VCs knowingly invest in a protocol that survives political institutions when it is those same political institutions that allow them to capitalise on their investments?

Money naturally operates like a virus and that makes digital bitcoin potently viral. It is viral cubed – money on the Internet with a network effect. A monetary unit does not stop expanding until it runs into artificially delineated boundaries or achieves widespread dominance.

It is naive to think that governments believe so much in competitive currencies that they would encourage and accept a digital monetary unit without a central issuer. Some smaller governments may believe in that, but only as a way to use it against certain other governments that currently have dominant monetary units.

What’s more likely is bitcoin growth in the developed world constrained by regulatory endpoints, legislative taxing powers, and bans on merchants, but only up to a certain maximum market cap for bitcoin. Sure, we’ll let it grow but not too much.

So what is that magical permissible level of adoption where going beyond that point jeopardizes central banking and monetary policy? Is it a $100 billion, $500 billion, $1 trillion market capitalization for bitcoin?

No one really knows, least of all the governments. A $1 trillion bitcoin economy may not be suppressible, but it definitely becomes a less friendly environment with respect to established political institutions.


I guess your viewpoint depends on what problem bitcoin is solving – high transaction fees and complex international remittances or the problem of central banking and the intertwining of money and state.

Fortunately, bitcoin solves for both. But, you can’t have one without the other. You can’t believe that central banks play an important and necessary role in society and also believe that bitcoin serves as a monetary solution.

I am pro venture capital. Building the bitcoin infrastructure around the world is important, but within certain jurisdictions it can also be a frustrating contradiction. The success of an investment depends less on the execution of a stellar management team and more on the degree of regulatory latitude. For venture capitalists, bitcoin is not like Facebook and Twitter where worldwide market saturation and dominance is the end game for the IPO home run.

Market saturation with bitcoin means that something else lost and it’s not a competing cryptocurrency. Therefore, it will be imperative for venture capitalists to remain astute about the evolving political landscape and agile enough in timing their exits.

Andreessen stated in The New York Times article that he’s with Ben and Milton when it comes to the promise of reliable digital currencies. However, Bernanke and Friedman were referring to digitized national units, not an alternative and independent numéraire.

The only plausible outcome may be jurisdictional competition. After World War II, wealth flowed to the US dollar as the world’s reserve currency.

Now, real wealth flows from the West to the East in the form of gold bullion and claims to natural resources. In the cryptocurrency future, wealth will flow to the regions that facilitate and exploit bitcoin’s massive potential for unleashing true economic growth.





Monty Henry, Owner





















































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NOW, look in on your home, second home, lake house or office anytime, anywhere from any internet connected PC/Lap-top or Internet active cell phone, including iphone or PDA: http://www.dpl-surveillance-equipment.com/wireless_hidden_cameras.html

Watch your child's caregiver while sitting at a traffic light or lunch meeting, or check on your business security from the other side of the world. Our built-in hidden video features all digital transmissions providing a crystal clear image with zero interference. With the IP receiver stream your video over the internet through your router, and view on either a PC or smart phone. Designed exclusively for DPL-Surveillance-Equipment, these IP hidden wireless cameras come with multiple features to make the user's experience hassle-free.

• Remote Video Access

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Our New Layaway Plan Adds Convenience For Online Shoppers








DPL-Surveillance-Equipment's layaway plan makes it easy for you to buy the products and services that you want by paying for them through manageable monthly payments that you set. Our intuitive calculator allows you to break down your order's purchase price into smaller payment amounts. Payments can be automatically deducted from your bank account or made in cash using MoneyGram® ExpressPayment® Services and you will receive your order once it's paid in full. Use it to plan and budget for holiday purchases, anniversaries, birthdays, vacations and more!


DPL-Surveillance-Equipment's Customers can now use the convenience of layaway online to help them get through these tough economic times.

We all shop now and then just to face a hard reality -- big credit card bills. However, our latest financing innovation can help you avoid that. Find out why more and more shoppers are checking out DPL-Surveillance-Equipment's e-layaway plan.

If you're drooling over a new nanny camera, longing for a GPS tracker, or wishing for that spy watch, but you're strapped for cash and can't afford to do credit, do what Jennie Kheen did. She bought her iPod docking station (hidden camera w/motion-activated DVR) online using our convenient lay-away plan.

Our online layaway plan works like the old-fashioned service stores used to offer. But, in Kheen's case, she went to DPL-Surveillance-Equipment.com, found the iPod docking station (hidden camera w/motion-activated DVR), then set up a payment plan.

"It's automatically drawn from my account," she said. "I have a budget, $208.00 a month.

In three months, Kheen had paid off the $650.00 iPod docking station. She paid another 3.9 percent service fee, which amounted to about $25.35 (plus $12.00 for shipping) for a total of $687.35.

"You pay a little bit each month," Kheen said. "It's paid off when you get it and you don't have it lingering over your head. It's great."

Flexible payment terms and automated payments make our layaway plan an affordable and fiscally responsible alternative to credit cards.

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Select the items or service you want and choose "e-layaway" as your payment option. Our payment calculator makes it easy for you to set up your payment terms.

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Payments are made on the schedule YOU set. Check your order status or adjust your payments online in a secure environment.

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Receive the product shortly after your last payment. The best part, it's paid in full... NO DEBT.

More Buying Power:

* Our lay-away plan offers a safe and affordable payment alternative without tying up your credit or subjecting the purchase to high-interest credit card fees.

No Credit Checks or Special Qualifications:

* Anyone 18 years old or older can join. All you need is an active bank account.

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* If you are near or beyond your credit limit or simply want to avoid high interest credit card fees, our e-layaway is the smart choice for you.

Flexible Payment Schedules:

* Similar to traditional layaway, e-layaway lets you make regular payments towards merchandise, with delivery upon payment in full. Payments are automatically deducted from your bank account or made in cash using MoneyGram® ExpressPayment®

A Tool for Planning Ahead:

* Our e-layaway makes it easy for smart shoppers like you to plan ahead and buy items such as bug detectors, nanny cameras, audio bugs, gps trackers, and more!

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DPL-Surveillance-Equipment has partnered with trusted experts like McAfee and IDology to ensure the security and integrity of every transaction. Identity verification measures are integrated into our e-layaway system to prevent fraudulent purchases.

Note: Simply Choose e-Lay-Away as a "Payment Option" in The Shopping Cart



DPL-Surveillance-Equipment.com is a world leader in providing surveillance and security products and services to Government, Law Enforcement, Private Investigators, small and large companies worldwide. We have one of the largest varieties of state-of-the-art surveillance and counter-surveillance equipment including Personal Protection and Bug Detection Products.



Buy, rent or lease the same state-of-the-art surveillance and security equipment Detectives, PI's, the CIA and FBI use. Take back control!



DPL-Surveillance-Equipment.com

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Local: (818) 344-3742
Fax (775) 249-9320

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