Post
Topic
Board Bitcoin Discussion
Re: [ANN] Australasian Bitcoin Bank/Credit Union /ADI & Ors.
by
securityguy
on 10/04/2014, 23:27:20 UTC
One flaw you maybe missing in this is that any Bank/Credit Union requires an upstream bank to provide clearing/settlement.  Only the main banks can provide that and if they refuse to provide you settlement services due to associations with bitcoin then your bank/credit union is rendered useless.