Post
Topic
Board Bitcoin Discussion
Re: The Holy Grail! I wish I could kiss the author of Bitmessage on his face.
by
cypherdoc
on 22/05/2013, 01:49:39 UTC

Combining the above Bitmessage capabilities--which we already proved out experimentally--with Open-Transactions, makes possible fully-decentralized p2p markets, as well as p2p escrow across OT federated servers, easy p2p and server-to-server wiring of funds and conversion of currencies, both within OT and also between OT and the conventional banking system.


How does this enable wiring of funds and conversion of currencies between OT and the conventional banking system?

i am wondering about this too.

perhaps fellowtraveler could take us thru an example of how to convert BTC to USD and the exact steps involved.