Western Union May Offer Digital Currency Services Similar to Bitcoin

#1

Post by metaverse » Tue, Apr 02, 2013, 2:18 PM UTC

Western Union May Offer Digital Currency Services Similar to Bitcoin
mobile.blogs.wsj.com

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#2

Post by VMG » Tue, Apr 02, 2013, 2:25 PM UTC

It is unclear if this is an April's Fools joke. It's not far-fetched enough to be funny.

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#3

Post by metaverse » Tue, Apr 02, 2013, 2:25 PM UTC

VMG wrote: post #2

It is unclear if this is an April's Fools joke. It's not far-fetched enough to be funny.

It's not. I emailed the author and she confirmed it's real.

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#4

Post by jpdoctor » Tue, Apr 02, 2013, 2:34 PM UTC

metaverse wrote: post #3

VMG wrote: post #2

It is unclear if this is an April's Fools joke. It's not far-fetched enough to be funny.

It's not. I emailed the author and she confirmed it's real.

To which I think the only response to Western Union can be: Whoosh.

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#5

Post by [deleted] » Tue, Apr 02, 2013, 2:37 PM UTC

jpdoctor wrote: post #4

metaverse wrote: post #3

Earlier quoted context omitted.

It's not. I emailed the author and she confirmed it's real.

To which I think the only response to Western Union can be: Whoosh.

[deleted]

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#6

Post by kzrdude » Tue, Apr 02, 2013, 2:40 PM UTC

jpdoctor wrote: post #4

metaverse wrote: post #3

Earlier quoted context omitted.

It's not. I emailed the author and she confirmed it's real.

To which I think the only response to Western Union can be: Whoosh.

Why?

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#7

Post by thawt » Tue, Apr 02, 2013, 2:46 PM UTC

kzrdude wrote: post #6

jpdoctor wrote: post #4

Earlier quoted context omitted.

To which I think the only response to Western Union can be: Whoosh.

Why?

Perhaps he meant sploosh: http://25.media.tumblr.com/tumblr_lls5fsESx61qi7deco1_250.gi...

Edit: Lol.. not sure why I was downvoted. It is obvious the previous poster meant that bitcoin is over-the-heads of employees of Western Union... this was a play on that.

HN is a hideous bitch goddess.

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#8

Post by acd » Tue, Apr 02, 2013, 2:48 PM UTC

Hopefully hackers can bring us sound money again. Sound money as in money not debt money created out of thin air.

The FED is privately owned by the big banks, see "The creature from Jekyll Island". The senator Aldrichs daughter who was on the island was married to one of the bankers. The by bank created new debt money out of thin air blows up assets bubbles that the central bankers later ride in and try and save, by saving the debt bubbles losses are socialized ie its burden is put to the people through inflation instead of the bank owners/bond holders taking the losses. Central banks centrally plan the price of new money by controlling the interest rate.

It would be good if more viewed the documentary film "The four horsemen".

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#9

Post by edgesrazor » Tue, Apr 02, 2013, 2:54 PM UTC

With the coverage the Bitcoin exchange rate has been getting, this was just a matter of time.

Re: Western Union May Offer Digital Currency Services Similar to Bitcoin

#10

Post by joezydeco » Tue, Apr 02, 2013, 2:57 PM UTC

edgesrazor wrote: post #9

With the coverage the Bitcoin exchange rate has been getting, this was just a matter of time.

I see WU looking at things like Bitcoin more to minimize transmission time and interbank exchange fees on the foreign exchange market. WU can then control the float time and the margins on exchange rates.