BitInstant's Trip to Brazil - Global Payments Forum

[evoorhees]

As some of you know, Charlie and I were in Rio this week for NACHA's Global Payments Forum. NACHA is the organization that sets rules for the US ACH system. Our presentation went very well, and we made some great connections with those in the "traditional banking" world.

I prepared a (fairly long) blog post about the trip, enjoy!

http://blog.bitinstant.com/blog/2012/9/15/brazil-and-the-global-payments-forum.html

If anyone would like a copy of our powerpoint presentation (feel free to use it in your own endeavors - please credit us if appropriate): https://www.dropbox.com/s/lm3oojd7aalbnvl/BitInstant_NACHA_Presentation.ppt

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[knight22]

Wow very interesting story, you guys are doing a great job!

[Severian]

In other words, BitInstant was processing 1/5th of the monthly payments of Chile’s internal payment.

Brain exploded.

[dissipate]

Great story! I have a bad feeling that once these bankers and regulators find out more about Bitcoin, they may become a lot less friendly. Keep up the good work! 

[dancingnancy]

This was really cool, thanks for sharing.  If you don't mind I may use some of this information for my presentation for class (see here .. https://bitcointalk.org/index.php?topic=109315.0)

If you have anything that you think may be interesting to add, please let me know.

Thanks-

[evoorhees]

Great story! I have a bad feeling that once these bankers and regulators find out more about Bitcoin, they may become a lot less friendly. Keep up the good work! 

It will take a long time before they ever take Bitcoin seriously. During that time, we need to work, build, and develop.

[evoorhees]

This was really cool, thanks for sharing.  If you don't mind I may use some of this information for my presentation for class (see here .. https://bitcointalk.org/index.php?topic=109315.0)

If you have anything that you think may be interesting to add, please let me know.

Thanks-

Use whatever you'd like!

[Severian]

“well, then it’s likely the regulators will go after the infrastructure – they’ll go after the server farms.”  To this, Charlie held up his laptop, and said, “but this is the farm!” Clearly the speaker didn’t yet comprehend the awesome power of Bitcoin. He didn’t realize there are no farms to seize, and this is one of the top legal counsels to The Federal Reserve.

This is why bitcoin will crush them. They don't even understand what they're up against. They won't understand it until it's running over them. I'm envious as hell that you two got to do that. Is there video?

[dancingnancy]

This was really cool, thanks for sharing.  If you don't mind I may use some of this information for my presentation for class (see here .. https://bitcointalk.org/index.php?topic=109315.0)

If you have anything that you think may be interesting to add, please let me know.

Thanks-

Use whatever you'd like!

Can you elaborate more on what you did to transfer those coins to people that sent you an E-Mail?

I wanted to do something like that for the class, but was going to pass out USB sticks with individual wallets on each.  Then send them coins in real time after the presentation is finishing up.

Thanks

[evoorhees]

This was really cool, thanks for sharing.  If you don't mind I may use some of this information for my presentation for class (see here .. https://bitcointalk.org/index.php?topic=109315.0)

If you have anything that you think may be interesting to add, please let me know.

Thanks-

Use whatever you'd like!

Can you elaborate more on what you did to transfer those coins to people that sent you an E-Mail?

I wanted to do something like that for the class, but was going to pass out USB sticks with individual wallets on each.  Then send them coins in real time after the presentation is finishing up.

Thanks

To every attendee who sent us an email, we emailed back 0.1 BTC via Coinapult.com

[dancingnancy]

This was really cool, thanks for sharing.  If you don't mind I may use some of this information for my presentation for class (see here .. https://bitcointalk.org/index.php?topic=109315.0)

If you have anything that you think may be interesting to add, please let me know.

Thanks-

Use whatever you'd like!

Can you elaborate more on what you did to transfer those coins to people that sent you an E-Mail?

I wanted to do something like that for the class, but was going to pass out USB sticks with individual wallets on each.  Then send them coins in real time after the presentation is finishing up.

Thanks

To every attendee who sent us an email, we emailed back 0.1 BTC via Coinapult.com

OK.  I checked out that website - when you performed this action, I am assuming you had to fill out this form individually every time?  Or a unique one for each E-Mail address given?  Is there a way that you know of to put let's say 20 unique addresses, separated by commas or something, and then instantly send them out that way?

This coinapult is pretty nice though, I must say.  I'll have to play around with it a little more.

[evoorhees]

This was really cool, thanks for sharing.  If you don't mind I may use some of this information for my presentation for class (see here .. https://bitcointalk.org/index.php?topic=109315.0)

If you have anything that you think may be interesting to add, please let me know.

Thanks-

Use whatever you'd like!

Can you elaborate more on what you did to transfer those coins to people that sent you an E-Mail?

I wanted to do something like that for the class, but was going to pass out USB sticks with individual wallets on each.  Then send them coins in real time after the presentation is finishing up.

Thanks

To every attendee who sent us an email, we emailed back 0.1 BTC via Coinapult.com

OK.  I checked out that website - when you performed this action, I am assuming you had to fill out this form individually every time?  Or a unique one for each E-Mail address given?  Is there a way that you know of to put let's say 20 unique addresses, separated by commas or something, and then instantly send them out that way?

This coinapult is pretty nice though, I must say.  I'll have to play around with it a little more.

You can set something up with Coinapult's API:  http://coinapult.com/api

[Yankee (BitInstant)]

This was a super fun trip.

[BkkCoins]

"The absurd puritan tyranny of America is made all too clear when travelling abroad."

Having been in Thailand for more than a decade now I can't help roll my eyes when I hear an American acting like they invented freedom.

Very interesting writeup on your trip. Thx.

[evoorhees]

"The absurd puritan tyranny of America is made all too clear when travelling abroad."

Having been in Thailand for more than a decade now I can't help roll my eyes when I hear an American acting like they invented freedom.

Very interesting writeup on your trip. Thx.

Astoundingly, only 25% of Americans even have a passport, meaning the majority have never left the country... not once. Yet, without observing for themselves, they assume they live in a bastion of freedom when a trip in almost any direction would show them the absurdity of that notion.

[Herodes]

You're brave, good at writing and just awesome. I'm now officially a fan of yours!

This was refreshing.

[evoorhees]

You're brave, good at writing and just awesome. I'm now officially a fan of yours!

This was refreshing.

Thanks, I write good whenever I can

[dissipate]

You're brave, good at writing and just awesome. I'm now officially a fan of yours!

This was refreshing.

Thanks, I write well whenever I can

Fixed.

[Piper67]

You're brave, good at writing and just awesome. I'm now officially a fan of yours!

This was refreshing.

Thanks, I write well whenever I can

Fixed.

That whoosh you hear is the sound of something going over your head 

[Domrada]

Now you've kicked the hornets nest. Awakened the sleeping giant. Yanked the tail of the tiger.

Keep up the good work!