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One of the exciting things about underground currencies like Bitcoin is a freedom to experiment with new banking techniques, impossible to implement with "real
by cookiecaper 16y ago
One of the exciting things about underground currencies like Bitcoin is a freedom to experiment with new banking techniques, impossible to implement with "real money" like dollars because of the regulations and paperwork. While technically bitcoin et al may fall under guidelines for foreign currencies, the likelihood of enforcement is very low, unless btc gets serious mainstream traction (i.e., in your dreams).
Our current banking platforms are horribly obsolete and disjointed. In the day of ecommerce everyone wants an online store and needs a merchant account. A good demo banking platform with btc can light the way.