Re:Someone just made a $147,239,214 Bitcoin transfer
by drawkbox on Friday November 22, 2013 @06:52PM
(#6784523)
That is the side I think many in the financial world are realizing and what hits banks the most. It hits the fees. Daily transfer fees, rates, management etc.
It could be beneficial to banks to move money more rapidly and make some coin just like funds they have do with their holdings even though it strikes the core of the business model.
If used right it could be helpful like torrent is to distribution, cheaper, faster ways to move things. It would be nice one day when regular bank transfers don't take 3-5 business days or a fee for same day.
It could be beneficial to banks to move money more rapidly and make some coin just like funds they have do with their holdings even though it strikes the core of the business model.
If used right it could be helpful like torrent is to distribution, cheaper, faster ways to move things. It would be nice one day when regular bank transfers don't take 3-5 business days or a fee for same day.