Re: [2014-05-01] The World's First Bitcoin Bank Will Open This Summer
It will not a be a "bank", it will only be a machine to buy and sell bitcoin in local currency, a front for an exchange with a high fee. It will never be a bank until it does lending, off chain micro transactions, or bitcoin credit cards. It is only calling itself a "bank" to sound like we need it.
Yeah, I wish people would actually read that article, but I guess that headline is pretty sensationalist. Maybe Company Rebrands ATMs would be more apt
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