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Author Topic: USA Banking Giants announce new bitcoin like money transfer service clearXchange  (Read 7607 times)
Stephen Gornick
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May 27, 2012, 06:34:34 PM
 #41

necrothead, sorry, but this probably isn't worth of a new post.


ClearXChange has launched:

 - http://www.marketwatch.com/story/wells-fargo-launches-simplified-person-to-person-money-transfer-service-nationwide-2012-05-24
 - http://www.youtube.com/watch?v=1yc1XC98mbc

"Can Dwolla compete?"

 - http://blog.unibulmerchantservices.com/clearxchange-vs-dwolla-revisited



Unichange.me

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malaimult
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May 27, 2012, 09:47:59 PM
 #42

i have a chase bank account and wellsfargo bank account but i don't see any clearxchange services in my online banking menu

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May 28, 2012, 05:17:13 AM
 #43


Quote
Shockingly, 36 hours later the transaction was still shown as suspended. I yet again called and was informed that the transaction had been cancelled! Wait for it......because the transaction had taken too long to complete.

Great article and, IMHO, bodes well for Bitcoin.

~Bruno~
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May 28, 2012, 05:33:39 AM
 #44

There has been a similar service in Canada since 2003. http://en.wikipedia.org/wiki/Interac_e-Transfer All this shows is how far behind the US banks are when compared to their counterparts in other countries. This has little to do with Bitcoin.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
istar
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May 28, 2012, 07:16:18 AM
 #45

Its great that the banks do improve, still, no privacy.

clearXchange, where have I seen a name that looks familiar...
cryptoXchange.






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wksantiago
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September 25, 2012, 02:07:27 AM
 #46

I think the banks are afraid of bitcoin.  This only means better service and power for consumers.

If my posts has been helpful, thank me here:
BTC: 33qRoY5n2LeVn6kw6ad8NgonuxJXeKirdE
Bitrated user: wksantiago.
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franky1
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September 25, 2012, 02:28:55 AM
 #47

simply put, its a wire transfer between banks... just alot faster

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Yolocoin
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September 25, 2012, 04:22:36 PM
 #48

I think the banks are afraid of bitcoin. 

No, not really. This isn't the first attempt at alternative money transfer systems.  Paypal used to have competitors before eBay basically locked in their vertical monopoly.
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