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Author Topic: Money changer network (western union / money gram)  (Read 2729 times)
ericools
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May 14, 2011, 10:24:27 PM
 #1

What I would like to see is a network of money changers that could accept cash, send bitcoins between each other then dispense cash at the other end just as western union and money gram locations do now.

We would need to form some sort of organization to create a brand name for the service and over see that all the money changers play by the rules, but we could offer membership to any currently existing stores that currently user like services.  The advantage to them is that they could undercut existing services and still keep more of the profits than they are able to currently.

Perhaps someone a little more code savvy than myself could develop an online interface where the customer could just enter all the information for the transaction (recipient, sending and receiving locations, password, amount) and that information could stay private except for the amount would show up on the sending stores screen and they could confirm it was paid for before the transaction goes though.

Thoughts?

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Stephen Gornick
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May 14, 2011, 10:29:44 PM
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Related thread:
  - http://bitcointalk.org/index.php?topic=5766.0

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