29 Sep '16, 3pm

The Disaster that is Bitcoin

The Disaster that is Bitcoin

This is my short story on why it’s easier and cheaper to use old fashioned bank wires when you have to transfer money. I recently decided to open a new day trading account at TradeZero and fund it with a small $5-$6k. Filling out their application and the eventual account approval was a breeze. To fund the account, I was given two options 1) an old fashioned bank wire that involved an intermediary bank or 2) use WB21.com and bitcoin. Since international wires sometimes can be confusing with intermediary banks and occasionally require me getting on the phone to confirm wire details (and read out loud routing numbers, account numbers, bank names, addresses), I thought I would bypass all of that and simply buy, transfer and fund my account with Bitcoin. I already have a verified Coinbase account so what can go wrong? This is the future! Go over to Coinbase and buy 9.5 bitcoin...

Full article: https://medium.com/@rogomonz/the-disaster-that-is-bitcoin...

Tweets

[email protected] to provide first responder di...

army.mil 30 Sep '16, 7pm

GEORGETOWN, Delaware (September 26, 2016) -- During devastating national disasters such as Hurricane Katrina and 9/11, the...

Would a Deutsche Bank Collapse Impact Bitcoin Prices?

Would a Deutsche Bank Collapse Impact Bitcoin P...

coindesk.com 30 Sep '16, 5pm

The pressure is building for Deutsche Bank. Germany's largest and most financially leveraged bank continues to see its sto...

@icao

foe.co.uk 28 Sep '16, 4pm

Raising global temperatures by just 1 degree Celsius has been enough to melt half the ice in the Arctic. It’s killed off h...

The Economist: Donald Trump’s victory is a disaster for Republicans and for America https://t.co/rGuMF8Wb0d

The Economist: Donald Trump’s victory is a disa...

dinmerican.wordpress.com 30 Sep '16, 4am

The Republican Party, always fractious, may actually fracture. Even if he loses, Mr Trump will have shown that there is a ...

Why Bitcoin is Failing to Take Over the World

Why Bitcoin is Failing to Take Over the World

cointelegraph.com 29 Sep '16, 12pm

As far as leading the digital currency revolution, Bitcoin just isn’t getting it done. Ryan Taylor of Dash sees why Bitcoi...

#bitcoin

#bitcoin

bitcoinmagazine.com 27 Sep '16, 3pm

Since the beginning of the development of Segregated Witness, an increasing number of alternative Bitcoin hard fork suppor...

Bitcoin on Amazon! Sort of...

Bitcoin on Amazon! Sort of...

linuxjournal.com 28 Sep '16, 4pm

I was a Bitcoin fan before it was popular. That means I had thousands of Bitcoins. It also means I sold my thousands of Bi...

DNB, Norway's Largest Bank Shuns Bitcoin, Boots...

cryptocoinsnews.com 28 Sep '16, 5pm

Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Read a great ...

5 Species Most Likely to Survive a Climate Chan...

care2.com 28 Sep '16, 12am

KNOCK IT OFF!!! It's NOT good that we aren't on the list, because there are innocent people we need to acknowledge!!! WHAT...

Architecture of our Bitcoin Full Node in C#

reddit.com 01 Oct '16, 9am

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no...

Bitcoin Takes on Eastern Europe as Blockchain & Bitcoin Conference Lands in Kiev

Bitcoin Takes on Eastern Europe as Blockchain &...

bitcoinmagazine.com 27 Sep '16, 12pm

Ukraine is one of these countries where people require no explanation about the value of hard money. As war in the east of...

Mike Cernovich created his first bitcoin wallet!

reddit.com 28 Sep '16, 2am

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no...

#bitcoin

#bitcoin

bitcoinmagazine.com 26 Sep '16, 8pm

Compliance efforts are a tall task for many financial services and other organizations worldwide. New regulatory requireme...