If you saw an ad for a bank like this, wouldn't you want to open an account?
Open an account with The Bitcoin Bank today, and take advantage of the following features:
Consumers:
- Send any amount of money worldwide, to anyone, instantly for 1.5 cents;
- Shop online at any website without having to share your personal information;
- No monthly maintenance fees;
- Access your money from anywhere, anytime;
- No accidental overdrafts;
- No cash advance fees;
- Instantly updated transaction records;
- Send money to any organization without restrictions.
Merchants:
- No transaction fees;
- No chargebacks;
- Your money will never be held from you for any reason;
- No setup fees;
- Transactions will never be blocked.
The Bitcoin Bank is managed by the laws of mathematics, and will never be subject to government or corporate regulation. The Bitcoin Bank will not invest in risky assets or derivatives. It will always be 100% capitalized and does not operate under the principles of a fractional reserve system.
To get started, read our Simple Bitcoin Guide.
There is one mistake in this post: All transactions are getting "blocked". ;)
ReplyDeleteI would never hold my money in such a bank account. Why? FDIC (or international equivalent). If this crapy brank goes under or hacked, what happens to my money? With bitcoin it is GONE.
ReplyDeleteI don't think the author had any bitcoin based "bank" or e-wallet in mind, but the bitcoin directly.
ReplyDeleteYes, - it's the blockchain that is the bank. It cannot be hacked and it cannot go under. It's maintained by a decentralised peer to peer network. There is no central entity that can fail.
ReplyDeleteThis post is retarded.
ReplyDeleteThe ad should mention that transactions are secured by the largest distributed supercomputer in the world.
ReplyDeleteI agree with bc. I think that would be an excellent selling point.
ReplyDelete