Post
Topic
Board Bitcoin Discussion
Re: UK banks' innovation render bitcoin pointless (?)
by
Hopalong
on 04/08/2015, 14:31:43 UTC
UK banks now enable, with most recent IOS apps:
- moving money from bank to bank effectively instantly (no fees).
- move money to a mobile number, using Paym, bank - > mobile number www.paym.co.uk  (I think no fees)
- enable Apple pay sync (no fees)

I find it very hard to see how bitcoin can become further adopted in the UK given these and other advances. Moloch has rumbled, Moloch has delivered. Anyone disagree?



Had this for years in some countries and it seems like young people use this more than cash when exchanging money. Still not compatible over borders but as soon as they fix that and make sure you dont pay fees it will take off.

So we have bank transfer without fees, credit/debit card without fees and mobil pay without fees. Only missing a way to trade currencys for free now.