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Author Topic: Dwolla to unveil something big on december 15...  (Read 1934 times)
dunand
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December 14, 2011, 01:03:16 AM
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Big announcement for Dwolla on Thursday. What will it be? Anything that can impact Bitcoin (positively or negatively)? For myself I don't have a clue.

http://blog.dwolla.com/on-december-15th-dwolla-will-change-as-we-know-it/
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finway
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December 14, 2011, 01:09:39 AM
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May be this ?

Quote
Dwolla Will Unveil Paradigm Shift in Business on December 15th

Kit Dotson
2011-12-12


http://siliconangle.com/blog/2011/12/12/dwolla-will-unveil-paradigm-shift-in-business-on-december-15th/

For some time now, Dwolla has been hinting at an instant-transaction mechanics within their finance network. In March 2011, many thought that the service would be brining that with instant ACH bank-to-bank transfers with FiSync.

If the payment network company does come out with instant-transfer finance mechanisms it will bring about a revolution of rapid-liquidity for Bitcoin transactions.

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December 14, 2011, 01:36:46 AM
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May be this ?

Quote
Dwolla Will Unveil Paradigm Shift in Business on December 15th

Kit Dotson
2011-12-12


http://siliconangle.com/blog/2011/12/12/dwolla-will-unveil-paradigm-shift-in-business-on-december-15th/

For some time now, Dwolla has been hinting at an instant-transaction mechanics within their finance network. In March 2011, many thought that the service would be brining that with instant ACH bank-to-bank transfers with FiSync.

If the payment network company does come out with instant-transfer finance mechanisms it will bring about a revolution of rapid-liquidity for Bitcoin transactions.

This blog is dated a month later than the OP. So yeah, that's it.

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damnek
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December 14, 2011, 08:57:59 AM
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It's interesting that Paypal suddenly seems to be collaborating with Bitinstant. Could it have anything to do with Dwolla's announcement?

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December 14, 2011, 12:09:09 PM
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bitsyncom also has an annoucent on the 15th about hardware.  two announcements on the same day.
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December 15, 2011, 03:55:17 PM
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i would be very surprised if it's anything Bitcoin related.
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December 15, 2011, 03:57:53 PM
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http://www.siliconprairienews.com/2011/12/it-s-dwolla-s-day-on-thursday-what-s-next-for-the-hot-startup

http://www.readwriteweb.com/archives/like_dwolla_scvngr_is_building_local_mobile_paymen.php

If Dwolla and SCVNGR have come up with a mobile near instant ACH network, using scanned QR codes and smartphones for payments at merchants, will it be good or bad for Bitcoin?

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December 15, 2011, 04:10:26 PM
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Nothing wrong with competition, competition fuels innovation. 

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December 15, 2011, 04:16:05 PM
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Is anyone else worried about Dwolla's future with the vote on SOPA later today? I would assume they might be one of the financial websites targeted by such a bill.
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December 15, 2011, 05:29:26 PM
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Is anyone else worried about Dwolla's future with the vote on SOPA later today? I would assume they might be one of the financial websites targeted by such a bill.

Are you concerned DC will shut down Dwolla or just prevent them from working with the exchanges?  I have a different scenario. Dwolla, seeing Bitcoin as a competitor, lobbies DC to use SOPA to prevent any financial institution in the US from working with Bitcoin exchanges.  Why provide a better product when it's cheaper and easier to have the government outlaw your competition.  I would hope it happens the other way, Dwolla views the exchanges as partners that provide paying customers.  I wonder how many of their users are bitcoin users.

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December 15, 2011, 09:19:44 PM
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While Dwolla's instant ACH can be nice for some (and might hurt others), it is not a big deal.  This is not a new innovation nor is it even an unexpected or cool feature.  Simply put, it is not big. 

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December 16, 2011, 03:44:26 PM
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I like the idea of instant transfers but I don't do enough to justify $3 a month. What about adding a per-transfer option for say $0.50? I would probably pay that.
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December 16, 2011, 03:48:11 PM
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I'm not charged fees to pay with a credit card. The merchant pays fees to accept them. Why not have the merchant pay the $3 fee?

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December 16, 2011, 06:25:03 PM
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I'm not charged fees to pay with a credit card. The merchant pays fees to accept them. Why not have the merchant pay the $3 fee?

The $3 is once a month.

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December 17, 2011, 12:14:25 AM
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I'm not charged fees to pay with a credit card. The merchant pays fees to accept them. Why not have the merchant pay the $3 fee?

The $3 is once a month.
Once a month is a lot more often then never.  The point is, just use a credit card if you do not have the money and pay it off at the end of the month.  That would be just as useful as what Dwolla is offering. 

I agree, the fee is not too high, but I still have no idea why I would need to use that service. 

Jered Kenna (TradeHill)
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December 17, 2011, 12:16:38 AM
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I'm not charged fees to pay with a credit card. The merchant pays fees to accept them. Why not have the merchant pay the $3 fee?

The $3 is once a month.
Once a month is a lot more often then never.  The point is, just use a credit card if you do not have the money and pay it off at the end of the month.  That would be just as useful as what Dwolla is offering. 

I agree, the fee is not too high, but I still have no idea why I would need to use that service. 

I'm guessing it's easier to get. Also you can use it with Dwolla so a lot of Bitcoiners will jump on it probably.
I do like that it's simple but simple (vague / non existent) Dwolla policies haven't been kind in the past

Jered

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StewartJ
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December 18, 2011, 07:33:35 PM
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Rumor has it that Dwolla will be the exclusive digital currency administrator for Facebook using the bitcoin model.

Yawn...
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