Post
Topic
Board Bitcoin Discussion
Re: Video Coinkite interview on Newfination
by
nvK
on 12/11/2013, 05:02:27 UTC
It seems a lot of users could benefit from a legit cryptobank/online wallet service these days. The recent Inputs.io hack/scam was certainly a wake up call.

It's hard to trust anonymous people. Their services lack checks and balances, and they will rob you an alarmingly high percentage of the time. Inputs.io may or may not have been a con job, but the fact remains that people entrusted their money to an insecure anonymous service, again Roll Eyes [insert Picard dafuq]

This community needs to stick to the services built by our community's legitimate entrepreneurs.

Anyways, very nice job on the interview. I like what you were saying about looking ahead 5+ years. Things are changing, you gotta stay nimble.
+1 , actually i don't trust any banks at all including BTC banks since inputs.io vanished . Why we need a BTC bank ?

Honestly, I really find keeping spending money ("Checking Account") on a desktop wallet a pain in the ass. I want to be able to go spend my cash with not even having to put a password on my phone — In Canada we are huge fans of debit. On top of that put yourself in the place of more harsh environments or poorer places. Carrying a smart phone might not be possible/available, and texting might be the only way to transact, making a card even more enticing. One of the reasons Fiat made it over gold throughout history is portability and low cost maintenance. The world is not black and white, and there will be room for many simultaneous solutions.