Title: Killer feature needed in Bitcoin Banks - Bill Pay Post by: PrintCoins on January 03, 2012, 03:21:53 PM Bill Pay!
How easy would it be for a Bitcoin bank to cut a check out to your electric company, cable company, etc? In essence it would layer on top of an exchange, and when a check needs to be sent out, it converts bitcoins to dollars, and sends a check. You would never need to touch dollars, and you can set up automated payments out to whoever you had to pay. Title: Re: Killer feature needed in Bitcoin Banks - Bill Pay Post by: PrintCoins on January 03, 2012, 03:38:57 PM Actually, it may be better to skip the whole bank aspect.
I send bitcoins to a check printer for them to send out a check to someone who has billed me. No need for a bank. Title: Re: Killer feature needed in Bitcoin Banks - Bill Pay Post by: Stephen Gornick on January 03, 2012, 10:37:07 PM Here's one way to build a customer base with nearly no risk:
- http://techcrunch.com/2011/08/30/paynearme-now-lets-you-pay-your-utility-bill-at-your-local-7-eleven-store |