07 Sep '13, 7pm

Bitcoin isn’t ready for prime time as a world wide remittance replacement.

Bitcoin isn’t ready for prime time as a world wide remittance replacement.

One of the key advantages of Bitcoin as a payments mechanism is that it is free. This is one of the reasons that international remittance is often brought up as a potential key early adopter use case for Bitcoin. According to the World Bank’s research, the worldwide average cost of remittance is about 8.85 percent of the $514 billion sent each year . Taking that price to zero, or close to zero, is a big savings for immigrants sending money home, and one of the opportunities that many have identified as an opportunity for Bitcoin startups. Bitcoin works great for moving money across borders because it is fast and free. Since most remittance starts in the U.S., Europe or other developed countries, it is reasonably easy to initiate a Bitcoin remittance. Although there is some initial friction in setting up an account with an exchange, it is relatively easy to buy bitcoins wit...

Full article: http://gigaom.com/2013/09/07/bitcoin-isnt-ready-for-prime...

Tweets

Why Weatherization Isn’t Enough

greenbuildingadvisor.com 16 Sep '13, 9am

Ask almost any building performance expert what you should do first to cut your utility bills and improve the energy effic...

Are you ready for World Green Building Week? #W...

ukgbc.org 10 Sep '13, 2pm

Are you ready for World Green Building Week? Date released: 10 Sep 2013 Next week is WGBW 2013 and there are a whole host ...

Second Screen Video Ad Viewing Peaks During Pri...

reelseo.com 08 Sep '13, 9pm

Between the hours of 8pm and 12am have always been prime time for TV viewing but now a brand new report from Tubemogul cla...

according to my Rolex its time for the album to...

twitter.com 11 Sep '13, 11pm

When you tweet with a location, Twitter stores that location. You can switch location on/off before each Tweet and always ...

Tiny Homes Prove That Size Isn’t As Important A...

greenbuildingelements.com 12 Sep '13, 12am

When you step into a building with a low ceiling or one which is divided by many walls, it may feel small to you. This has...

Post-Occupancy Evaluations: Ignorance Isn’t Bliss:

buildinggreen.com 10 Sep '13, 4am

POEs tell you everything you ever wanted to know about your buildings. Don’t be afraid to ask. This Department of Homeland...

They're fast, fit and under 23. Future World Champions in the making.

They're fast, fit and under 23. Future World Ch...

triathlon.org 09 Sep '13, 1am

Under 23 races ready to rip in London By Erin Greene on 09/09/13 at 1:09 am The Under23 men’s and women’s races are laced ...

World's largest Bitcoin exchange out £6 million

World's largest Bitcoin exchange out £6 million

wired.co.uk 17 Sep '13, 10am

$10 million is a significant chunk of the total revenues Mt. Gox is thought to have earned since it was founded in 2010. T...