Bitcoin and other cryptocurrencies are useless

Re:Bitcoin and other cryptocurrencies are useless by TheSpiceIsLife on Sunday September 02, 2018 @05:35PM (#17898801)

Here in Australia we already have cardless cash from own-bank ATMs.

If you still have your phone, or access to a computer to log in to internet banking, you can get a couple of codes to withdraw a preset amount from an ATM.

Banks, globally, are going to offer these services well before they let their lunch get eaten.

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Re:Bitcoin and other cryptocurrencies are useless by cesarb on Sunday September 02, 2018 @06:07PM (#17898941)

I've never tried, but here in Brazil, some banks already allow withdrawing cash from ATMs without the card, using just the fingerprint authentication. No need for internet banking or even the phone. The daily limit is low, but it can be useful in an emergency.

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Re:Bitcoin and other cryptocurrencies are useless by lowry on Sunday September 02, 2018 @06:13PM (#17898970)

Same for Belgium.

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Re:Bitcoin and other cryptocurrencies are useless by PunchTornado on Monday September 03, 2018 @08:27AM (#17902181)

fingerprint? neah. I'd rather them not know my fingerprint.

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Re:Bitcoin and other cryptocurrencies are useless by cesarb on Monday September 03, 2018 @08:38AM (#17902240)

They already do. To open an account, you need to present your identity card, which they photocopy (both sides) for their files. Visible on the back of the identity card is your fingerprint.

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Re:Bitcoin and other cryptocurrencies are useless by tomp on Monday September 03, 2018 @10:23AM (#17902712)

I'm more concerned about my fingerprint ever being used as a key... I'd rather have my wallet stolen than my thumb!

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Re:Bitcoin and other cryptocurrencies are useless by mrbombastic on Sunday September 02, 2018 @08:44PM (#17899486)

Some banks are piloting them in the US as well.

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