haha Snapcash, was the guy serious, lol
http://www.bbc.co.uk/news/business-30091550"Snapcash is a partnership with payment-processing firm Square, which offers its own stand-alone friend-to-friend payment app called Square Cash."
so it's just a messaging app implementing an already existing payment app, so nothing new or groundbreaking.
"The service will only be available to Snapchat users in the United States who are over 18 years old."
yeah quick everyone dump Bitcoin for Snapcash, unless of course you are one of the millions of people who don't live in America.
"Almost immediately, the news of the money-sending feature was met with some raised eyebrows, as Snapchat has struggled with several high profile security breaches."
take my money now !!! sounds amazing
"earlier in the year, in January, at least 4.6m user accounts were compromised by hackers, who posted usernames and phone numbers on the web."
fantastic where do i sign up?
well m-pesa is working in some countries, but maybe it is just too young. Greed will put everything in their right place. Just a few years of life and the owners or the government greed will make people choose a more fair system.
I guess we bitcoiners rely on total decentralization. if that is not needed, any system with hyperledger could work