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Author Topic: Why we need bitcoin.  (Read 902 times)
BCB (OP)
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July 20, 2013, 02:43:58 PM
Last edit: July 20, 2013, 11:48:25 PM by BCB
 #1

Bitcoin is a push not pull technology. Things like this could not happen.
http://m.nypost.com/p/news/local/pedi_theft_app_1nPJXvFAES86ygLyxsb6cM
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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Stephen Gornick
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July 21, 2013, 11:18:21 AM
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Bitcoin is a push not pull technology. Things like this could not happen.
http://m.nypost.com/p/news/local/pedi_theft_app_1nPJXvFAES86ygLyxsb6cM

An entire article on Push-based bank technology and not a peep about Bitcoin:
 - http://paymentsviews.com/2013/03/13/faster-better-cheaper-like-it-or-not

Unichange.me

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July 21, 2013, 11:39:37 AM
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the UK's faster payment system is exactly this, it works well and the recipient see's the money in seconds, which has been one less benefit of bitcoin over here. hense why its a struggle to promote bitcoin in the Uk to mainstream.

if america starts offering it, then you will see americans see bitcoin as less of a benefit. i believe the american banks may be trying to think of ways to keep people interested in institutional banking, so of course they wont mention bitcoin. they dont want to advertise the alternative which they are trying to prevent users from switching too.

it's definetly something american bitcoiners need to keep an eye on

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July 21, 2013, 11:56:22 PM
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Interesting read, thanks for sharing!
BCB (OP)
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July 22, 2013, 12:26:22 AM
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Bitcoin is a push not pull technology. Things like this could not happen.
http://m.nypost.com/p/news/local/pedi_theft_app_1nPJXvFAES86ygLyxsb6cM

An entire article on Push-based bank technology and not a peep about Bitcoin:
 - http://paymentsviews.com/2013/03/13/faster-better-cheaper-like-it-or-not

Stephen,

Here is another article about bitcoin on Payment Views
http://paymentsviews.com/2013/07/17/bitcoin-merchant-risk-and-the-need-for-speed/

Payment Views is a marketing blog for Glenbrook Partners (http://glenbrook.com/)  a payments industry strategy consulting and research firm.
http://glenbrook.com/introduction/

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