A Prediction: Bitcoin Is Doomed to Fail

Re:A Prediction: Bitcoin Is Doomed to Fail by jpindar on Wednesday November 27, 2013 @05:42PM (#6811672)

I haven't heard of any, but AFAIK there's nothing preventing someone from writing a wallet that allows automated payments or the equivalent of direct-debit, with or without the involvement of a bank.

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Re:A Prediction: Bitcoin Is Doomed to Fail by eru on Thursday November 28, 2013 @05:27AM (#6813942)

Direct-debit is undoable. That's one of its key-features.

You can add direct-debit to bitcoint with a trusted third party. (And there might even be clever ways to do direct debit in bitcoin without that third party.)

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