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Are you buying BitCoin at Wells Fargo and Chase? Or are you just making a deposit? This isn't as though these banks are carrying a balance of BitCoin as they wo
by trevoro 15y ago
Are you buying BitCoin at Wells Fargo and Chase? Or are you just making a deposit? This isn't as though these banks are carrying a balance of BitCoin as they would foreign currency.
- lukejduncan 15y agoThe title is link-bait. You're making a deposit
- NHQ 15y agoIt is really a currency exchange. This is a pretty clever 'hack', to use branch banking. They could conceivably offer other currency exchanges as well, and compete with the same banks on the exchange rate. You really have to trust the company tho, cuz you are depositing your cash into their bank account.