Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
Well you answered your own question 
My bank with all its shortcomings has had my account for the last 15 years or whatever and hasn't missed a single payment so far. Actually for bill pay I can trust it more than I trust myself as I tend to forget and otherwise mess things up. That's one of those solutions looking for a problem. It might become a viable service if we "cut the cord" completely and stop using fiat and conventional banks. Not likely in my lifetime at least (yes, please embarrass me with that statement 20 years from now).
My bank with all its shortcomings has had my account for the last 15 years or whatever and hasn't missed a single payment so far. Actually for bill pay I can trust it more than I trust myself as I tend to forget and otherwise mess things up. That's one of those solutions looking for a problem. It might become a viable service if we "cut the cord" completely and stop using fiat and conventional banks. Not likely in my lifetime at least (yes, please embarrass me with that statement 20 years from now).
I really did, didn't I?
So with the potential GAW issues with payment, we DO gain the following (assuming no changes in account info with GAW)
We have a method to "bill pay" from an "account" that doesn't require the traditional personal information that is needed with fiat. For instance, My Zen Cloud account does not have my address, phone number, or SSN associated with it. No chance for this to happen with a traditional bank account.
Personally, I don't care about this, but for the bitcoin (crypto) purists, this may be a major step in the right direction from fiat based accounts.
I propose this question to the less drunk smart people: What's the difference between paying in BTC to a retailer compared to using this plugin that links to a Pay Base wallet assuming you don't have to provide personal information in your pay base wallet?
I should clarify that I have not used the "bill pay" feature from my bank before. I always use the "auto pay" features from my utility where I provide my bank account/routing number and they auto withdraw the necessary amount. I don't know if this is better or worse, but I wanted to clarify since I clearly said "bill pay" above.