1/ I follow Bitcoin like some people follow Nascar crashes. Some quick thoughts in tweetstorm format:
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3/ Western Union spends roughly 1/2 of revenue on local offices by both ends of the transactions. Bitcoin remittances don't solve this.
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4/ Bitcoin presently costs on the order of $6.5k per megabyte of data added to the block chain.
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@patio11 this is the one that gets me
. "if only there was a way to get paid online…" WHAT ARE YOU DOING THAT YOU CAN'T TAKE CREDIT CARDS?!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 transaction volume will come with the next speculative bubble. Patience.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 It's also an open secret that you are extremely short sighted. Do you think Bitcoin adoption is at its highest right now? Progress.Thanks. Twitter will use this to make your timeline better. UndoUndo
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