29 Mar '14, 4pm

The Benefits of Bitcoin in International Travel

The Benefits of Bitcoin in International Travel

Nick Tomaino is on the business development team at Coinbase , and is also a first-year business school student at the Yale School of Management. Prior to that, he worked in venture capital, most recently for Softbank Capital. _________________________________________________________________ Bitcoin is an open payment network that anyone in the world with an Internet connection can use. The open, global nature of bitcoin has tremendous advantages over existing financial infrastructure for international travellers. These advantages became clear to me during a recent trip to South America. Below are some of the problems that international travellers currently deal with. Hassle of currency conversion When travelling to foreign countries, it can be a major hassle to convert to local currencies and carry around local cash. I traveled to Buenos Aires, Argentina, and Rio De Janei...

Full article: http://www.coindesk.com/benefits-bitcoin-international-tr...

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UBS: Banks Could ‘Absorb the Benefits’ of Bitcoin

UBS: Banks Could ‘Absorb the Benefits’ of Bitcoin

coindesk.com 28 Mar '14, 2pm

Global financial services firm UBS , a leading provider of retail and commercial banking services, released an extensive r...

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