“‘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.”
Shakil Khan: Bitcoin can be “money over IP”, but services must get more intuitive
- Post author:The Freedom Watch Staff
- Post published:August 1, 2013
- Post category:Network Archives
Tags: Alternative News, Bankocracy, Bitcoin, CLibertyC, constitutional liberty coalition, economic Trends, Entrepreneurship, for life and liberty, money, Resistance, sound money, technology, The Freedom Watch
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