Re:Western Union: Bitcoin isn’t ready for international mone...
by kbaker on Sunday November 03, 2013 @10:42PM
(#6666668)
This is their biggest issue... They have no incentive to bootstrap and provide legitimacy to what would end up becoming their biggest competitor in the future.
They are stuck - they can see the short-term huge benefits and profits from being a trusted middleman, but once it takes off and becomes accepted in the mainstream they would be cut out of the picture (and forced to pivot again...)
They are stuck - they can see the short-term huge benefits and profits from being a trusted middleman, but once it takes off and becomes accepted in the mainstream they would be cut out of the picture (and forced to pivot again...)