Western Union is getting destroyed by Bitcoin in Switzerland

[Herbet Fry]

You are lucky to live in such a great country. Thst is so sweet !! You csn just draw money like that with such ease. The fee is s bit high bit its ok I guess. So what else can you pay for with bitcoin there ?

[Creepings]

You are lucky to live in such a great country. Thst is so sweet !! You csn just draw money like that with such ease. The fee is s bit high bit its ok I guess. So what else can you pay for with bitcoin there ?

And I am really being envious to the bitcoin users there, that is really efficient in that case i can draw money everytime whenever i needed without any delays.

If there will be one machine like that here in our country that will be very very helpful.

[Vaskiy]

Western Union is getting destroyed in Switzerland is a simple thing as most were digitalized and knows how to handle it. In the rest of the world the Machine usage is decreased and exchange services were getting priority, because Machines levy high fee. I think in a city in Korea where 20 Machines in use has got reduced to the 3 or 5.

[Xester]

Western Union is getting destroyed in Switzerland is a simple thing as most were digitalized and knows how to handle it. In the rest of the world the Machine usage is decreased and exchange services were getting priority, because Machines levy high fee. I think in a city in Korea where 20 Machines in use has got reduced to the 3 or 5.

With bitcoins ability to be transferred to almost any part of the world with just small fees Western Union will sooner or later lost their market and get bankrupt. The only way for western union to overcome this losses they should convert their business into an escrow or an exchange. Their new business should be to exchange local currency to bitcoins and vice versa and of course they will add service fee to every transactions.

[squatz1]

This doesn't really look to show any sort of domination by Bitcoin on Western Union in the least, it seems like more of a one time instance then full proof of domination by bitcoin.

This event will be followed in other countries, I'm sure when everyone knows the bitcoin then they never use Western Union services again. I think sending money by Western Union is troublesome and depending with hours of work when taking submissions.

As much as I'd love for bitcoin to become accepted worldwide and to gain traction mainstream, I personally doubt that it will ever fully happen. I believe that some developing / developed nations will use it and it will gain traction their but it won't gain world wide usage instead of FIAT. I'll without a doubt agree with you on WU sucking but people are still able to use FIAT without an issue so theirs that.

People don't like change, it bothers them.