Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
A lot of people are talking about bitcoin being only the transport protocol for transactions. Just like visa and mastercard use a network to complete a transaction, bitcoin could be used to transfer money. It would work something like this: Give 1$USD -> x Bitcoins -> Receive 1$USD. The whole transfer would be instantaneous (and with less fees). Ultimately both the sender and receiver could select their preferred currency for all possible combinations.