Tag: Bitcoin

  • Bitcoin and Crypto Payments Now Available

    Durability is one of the pillars of the Held brand. Cryptocurrencies are a new frontier that people can use toward a more durable future. Coinbase is an American publicly traded company that provides the most trustworthy solution for a range of crypto payments.

    As of now, none of the online retailers that we have stores with offer a cryptocurrency payment solution.

    Held Gear dot com is hosted by a small Oregon-based company with longstanding values in security and privacy. This website is powered by open source and free software including WooCommerce and Coinbase Commerce. These systems provide all the solutions Held needs for the scaled growth of the brand, without compromising the privacy and security of its customers.

    Bitcoin, Litecoin, Ethereum, Shiba Inu, and many more units are accepted at checkout. Just shop and before using fiat, select the crypto payment box and use your CoinBase account to complete the order. Please contact if you have any questions.

  • Crypto payments postponed

    Once again, the flaw of centralized systems reveals itself. That is discontinuity. This website utilizes free and open source software called WordPress, which has a standard commerce plugin called WooCommerce. Both of these systems are very secure, durable, and in some respects decentralized.

    There was a third system involved called CoinPayments, and they are discontinuing services in the United States. Through them as the fiat payment processor via another centralized exchange, I was able to offer payments in a variety of cryptocurrencies. I had selected Bitcoin and Litecoin, of course, and to give Ethereum a bone, Shiba Inu.

    Given that my whole system here is dependent on these outfits continuing to get up in the morning, I have to suspend CoinPayments and seek a new solution.

    The reason provided by CoinPayments has everything to do with the market in the U.S. and its regulatory environment. For instance, the value of one Litecoin is roughly the same as one Mammoth belt. If I receive dollars, I am taxed on the profit of that sale. If I convert crypto to dollars, then I am taxed on capital gains, but all I did was make a sale. This environment was created by centralized banking and secured by federal taxation.

    Held Gear believes in the power of cryptocurrencies toward a people powered economy and that these currencies will be essential when Held open up to international sales.

    Short of returning to a pre-networked, pre-telegraphed world, the likelihood of a non-digital currency dominating our system in the future is almost zero. Whatever it is, it should be networked by the people.

    Looking forward to reaching a solution and reintroducing crypto in a more directly managed way. It might not be possible in the WooCommerce checkout system. I might offer cash mail order and crypto transactions using a form module. We shall see.

  • On the Use of Cryptocurrency

    Some might believe that the use of cryptocurrency is a burden on the environment and our energy system and that contradicts the intention behind Held Gear.

    The truth of the energy system and environmental consequence from industrial activity is more complicated than a unit of energy in and a unit of carbon out.

    Bitcoin mining especially requires massive energy, this fact has monetized an area of waste that the people have long ignored: The Grid. In addition to energy loss over distance, there is waste at the production facilities.

    Energy production is dissipated for no purpose as capacity overruns market demand. Bitcoin is one solution to this problem, utilizing excess energy to create a universally accessible banking system.

    The American Dollar is oil. It is not separable, in terms of its power, or carbon footprint. That era is changing and Held Gear is committed to a decentralized future, healthy ecosystems, and American manufacturing at once.

    Held is producing something in America with materials from American manufacturers. The material itself is low-impact and can be sourced as waste product in pieces too small to sell in the standard market.

    Bitcoin and Litecoin are the longest surviving proof-of-work networks that are truly decentralized and operated by the public, and it utilizes a waste product: surplus energy. This is what Held is all about and this company is proud to accept these units immediately.

    Additionally, Shiba Inu is accepted at checkout. Although it is a meme coin, it has value being supply-capped with low transaction fees on the Ethereum blockchain.

    All payment solutions for this web shop are facilitated by WooCommerce, with cryptocurrency features provided by CoinPayments tied to a CoinBase wallet.

    If you believe another unit should be accepted, or no crypto should be, please contact us with a strong argument why.

  • The Store is Open

    Yesterday, the shop page opened, offering a wide range of payment options, including Bitcoin, Litecoin, and Shiba Inu. Held is going to HODL a portion of every crypto payment and will work toward establishing trade with our partners settled in Bitcoin and Litecoin.

    All of these services are secure and facilitated through WooCommerce and CoinPayments. We do not store your payment information, that is managed by the above mentioned services.

    Please be patient as details are improved in the shopping experience. Direct mail order by cash, gold and silver bullion, as well as wallet-to-wallet crypto transfers will become available within 2022.

    Product is not ready to ship. If you order something today, it will not ship until May. Held is not yet back in operation. Relaunch mode.

    Please make a pre-order today and help build the future for Held now.