“‘Why is it in 2013 I can send you an email, a voicemail, or text message, but if someone says ‘you owe me $10 for my pizza last week’ and I try to send it, the bank wants to charge me $27?’ he asked. ‘You might get it next week but it isn’t guaranteed. We have a banking system that’s slower than it’s ever been.’ Bitcoin has the potential to be ‘an IP address for money,’ he said, but bitcoin services must become more intuitive if mainstream adoption is to occur. ‘Try to buy $10 in bitcoins. It’s easier to get on a plane and fly to Mt. Gox,’ he joked.”
Related posts:
Israeli banks block money transfers connected to Bitcoin pending Israeli central bank regs
Argentina’s Net Party Is Ready For The Revolution
CyanogenMod Android firmware gains built-in SMS encryption
Billionaire: Part-Timers Will Near 50% of Workforce Due to ObamaCare
America's Secret War in North Africa Behind Benghazi Attack
"What is the Fed's Future?" with Roger Garrison
Teens say they were beaten by cops in Bronx park
Blockchain.info: the World’s Most Popular Bitcoin Website and Wallet
Common Core Exams Put on Hold
Israeli airstrikes hit Damascus military site, city's airport - reports
Night of Clarity 2013 in Nashville
FBI begins installation of $1 billion face recognition system across America
Federal Appeals Court Busts Police For Contempt Of Cop Arrest
Mark Thornton: Government's War on Bitcoin
Paralyzed man sips beer -- using robot arm he controls with his mind