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If Bitcoin becomes big and stable, there's no reason large companies couldn't open BTC accounts at Chase or Wells Fargo and accept them directly. Amazon doesn't
by aianus 12y ago
If Bitcoin becomes big and stable, there's no reason large companies couldn't open BTC accounts at Chase or Wells Fargo and accept them directly. Amazon doesn't convert your CAD into USD immediately when you shop on Amazon.ca.
At least with Bitcoin, anyone can compete as a payment processor because there's no central authority with onerous licensing requirements like Visa/Mastercard.
- kaonashi 12y ago>there's no reason large companies couldn't open BTC accounts at Chase or Wells Fargo and accept them directly That strikes me as a rather extraordinary claim.