Potential Advantages of Cypto-Currencies

Posted by dbhalling 10 years, 2 months ago to Business
10 comments | Share | Flag

This guy makes some very good points about the advantages and things that could be done with cypto-currencies like Bitcoin. For instance, wire transfer and eliminating debit card fees for businesses.
SOURCE URL: http://www.moneynews.com/Ed-Moy/cryptography-bank-credit-card-payment/2014/02/07/id/551418?ns_mail_uid=44393862&ns_mail_job=1555332_02082014&promo_code=1666F-1


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by CircuitGuy 10 years, 2 months ago
    I also like it for those who hate the job US Fed Reserve is doing. They can use other currencies. If the USD is so bad, people will vote with their feet and start using other currencies. I think USD does a great job, but we should be open to competition.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by mminnick 10 years, 2 months ago
    Crypto-currencies would be a real boon to all concerned. I buddies at NSA are already working on ways to crack the asymmetric cryptography cryptograms using quantoum computers.
    Reply | Mark as read | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo