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Yet another unlicensed money transmitter handling Bitcoin transactions (through another unlicensed money transmitter). What could go wrong?

• erichurkman 13y ago
  Are you posting on the right thread? Balanced Payments handles credit card and ACH payments, not Bitcoin.
  • simonk 13y ago
    Balanced did start accepting Bitcoin through Coinbase http://techcrunch.com/2014/02/20/balanced-coinbase-bitcoin/ http://techcrunch.com/2014/02/20/balanced-coinbase-bitcoin/
    • erichurkman 13y ago
      Interesting, missed that, thanks! Interesting model, although I wonder who is shouldering the risk of BTC in that relationship.
    • steveklabnik 13y ago
      I expounded more on the technical details of that integration here: http://blog.balancedpayments.com/more-details-about-bitcoin/ http://blog.balancedpayments.com/more-details-about-bitcoin/
      • thinkcomp 13y ago
        Expound on the details of your legal status. You're an "open company," right?
        • icelancer 13y ago
          Ah yes, the scheduled trolling of payment companies by Aaron. Wouldn't miss it for the world.