2013-07-16 Mobility Matters: Bitcoin Basics for Credit Union Executives

[wasthatawolf]

http://www.cutimes.com/2013/07/16/mobility-matters-bitcoin-basics-for-credit-union-e

Surprisingly, this is somewhat positive about the future of bitcoin

[btceic]

I love this:

The question for credit union executives is blunt: are there advantages to offering Bitcoin- denominated accounts, and know that at least some experts believe that doing so “would be a terrific PR stunt,” said Stephen Fraga, CEO of a San Francisco computer training company who personally holds Bitcoin.

Another reason to get familiar with Bitcoin: “This currency may become a serious disrupter that could destabilize credit unions and banks,” said Ari Zoldan, a Bitcoin expert and CEO of Quantum Media Holdings in New York.

Zoldan admits that is a long shot – “whether Bitcoin comes to fruition is yet to be seen” – but, he said, it’s a risk financial institutions need to look into.

[kjlimo]

I fired this link off to two local credit unions offering my consulting services.

We'll see if I get any responses!

[btceic]

Here is my take on it, if this is the kind of sentiment that is being written publicly about bitcoin to credit unions, I would love to hear what is being said behind closed doors.

We really need to put some traction down and use our collective to our advantage. For instance, we should on a monthly basis choose an industry or business in general and have as many of us contact that business to start accepting bitcoin.