Re:Senate Banking Committee Hearing on Bitcoin [video]
by drcode on Tuesday November 19, 2013 @07:07PM
(#6765499)
I agree on the liquidity discussion. However, all of the big five want to control the payment space (Amazon coin, google wallet, Facebook bucks etc) and will avoid bitcoin as long as possible.
And then you have the issue of the banks giving businesses who are willing to jump through the hoops the run around… At this point it would be awesome if the Google's and Apple's use their off shore banking licenses (and cash) and take accounts for bitcoin service companies from the US or globally, possibly circumventing their repatriation issues too… win/win, no?