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Why would you need bitpal? I thought the transfer of bitcoins is already part of the design. And a bitbank with interest won't work due to the (eventual) fixed
by dolphenstein 15y ago
Why would you need bitpal? I thought the transfer of bitcoins is already part of the design.
And a bitbank with interest won't work due to the (eventual) fixed money supply. A bank will go broke.
- carbonica 15y agoPayPal does more than just send money - it can hold a balance for you securely, which given all of the hacking incidents (MtGox, BetCoin), is a pretty important thing for the BitCoin community to get right. Sending someone money without having to worry about the security is a pretty important service. Who knows how you make money off it, though.