03 Feb '14, 2pm

Can Bitcoin Save the Post Office? via @BloombergTV

Feb. 3 (Bloomberg) -- Bloomberg News’ Megan Hughes reports on the possibility of a Bitcoin exchange joining the financial services offered by the United States Postal Service on Bloomberg Television’s “In The Loop.” Please enable JavaScript to view the comments powered by Disqus. Might get into bitcoin? Class it sounds really strange. You do not think of those two in the same sentence. They are really looking at it. An online forum last week. The researchers, they will work on a white paper and we will start that in the next few months. All of it -- money orders, money transfers, prepaid debit cards, and things like that. This will be the next frontier. Their position to do this, they have got a brand they trust. 36,000 brick-and-mortar -- get bitcoins loaded on their phones and potentially withdraw the bitcoins. They also have a money transfer license. Those are coveted. ...

Full article: http://www.bloomberg.com/video/can-bitcoin-save-the-post-...

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