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Re:How ACH works: A developer perspective by dedward on Wednesday April 23, 2014 @08:27PM (#7637848)
Bitcoin doesn't let me withdraw US $ from one US bank account and deposit it in another US bank account in bulk.

Bitcoin lets me transfer bitcoin around - which is fantastic and wonderful - but it doesn't address the problem at hand.

Re:How ACH works: A developer perspective by scotty321 on Thursday April 24, 2014 @10:42AM (#7640548)
You don't understand. Once you're in the Bitcoin ecosystem, you don't necessarily need to backtrack out into US $ anymore. I buy almost everything with Bitcoin, and shop at Bitcoin-friendly stores. Except for grocery stores. I don't know of any grocery stores yet that accept Bitcoin in my area, but they will surely arrive someday.