http://personal.natwest.com/personal/ways-to-bank-with-us1/mobile-banking/mobile-payments.htmlI agree with some of the stuff about problems with the banks. However I'm not a fan of the mega wealthy being able to hide their wealth away - see piketty's rationale for greater wealth transparency.
Separate to the above is the practical use cases for Bitcoin which we have to try to analyse objectively. I doubt this internally in the UK now. Add on the ~5% fiat->BTC fees and it gets worse. Moving money abroad will become easier if there is a sufficient demand for it.
You can now use the app to make daily payments of up to £250 securely.
A quick inspection has already made me aware of the catch n.1 which is a daily limit.
The current systems have enabled the richest people to become even richer and easily launder money with art and whatnot. There is demand for moving money abroad else companies like WU would never exist.
People who do not care about privacy, nor rights (usually classified as 'sheep) should not come to this very forum. The bankers are the ones who are pulling the strings in this world, and because of which we are in the current situation.
-snip-
not to mention charge back of 180 days, bitcoin is instant too but at least transaction are irreversible, yet for some this may be considered a bad thing but for many other it isn't
For anyone who is smart, that should not be a problem.
Bitcoin is not just a means of payments, nor just a currency.
Bitcoin is a revolution.