2015-06-07 WSJ - Money Isn’t Free, but Moving It Is Now Cheaper

cr1776

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Quote from: Ruckspin on June 08, 2015, 05:30:13 AM

He probably could have sent the money for free. Might have taken a bit longer but the fee is always worth it to support the miners. I also think charities are missing out not accepting bitcoin but I'm sure more will get involved over time.

Quote from: Kprawn on June 08, 2015, 01:49:25 AM

Where is the link? I want to read the rest of it. Grin

You could just google for it: [Suspicious link removed]j.com/articles/here-comes-almost-free-money-1433715790

edit: damnit it's not showing up. Just google it then lol.

http://www.wsj.com/articles/here-comes-almost-free-money-1433715790

good article!

Yeah, it was good. I posted it above, but if the link above only takes you to the pay-walled version, search with "Money Isn’t Free, but Moving It Is Now Cheaper" in Google and follow that WSJ link, it should give you the full article.

Ruckspin

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He probably could have sent the money for free. Might have taken a bit longer but the fee is always worth it to support the miners. I also think charities are missing out not accepting bitcoin but I'm sure more will get involved over time.

Quote from: Kprawn on June 08, 2015, 01:49:25 AM

Where is the link? I want to read the rest of it. Grin

You could just google for it: [Suspicious link removed]j.com/articles/here-comes-almost-free-money-1433715790

edit: damnit it's not showing up. Just google it then lol.

Kprawn

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Where is the link? I want to read the rest of it. Grin

This could also be used for charities. Most people watch natural disasters and they become emotional and want to donate. If a reporter could wear a T-shirt with a QR code linking the event with the helpline or official charity, whilst he/she is covering it, it would gather funding quicker.

Bitcoin has made that possible.... You sit in front of the TV... see a QR Code and donate with your phone immediatly. {In most cases, people need to write down something... go to their computer and sign into online banking and transfer funds... } We are side tracked by so many things on TV, and if we get side tracked, and we go through too many hassles, we will either forget to donate or we will not want to go through all these hassles.

Bitcoin open up a NEW way of doing this fast and cheap. Grin

Kaneki

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I am not surprised by this,many groups in the world to use bitcoin to collect donations quickly and easily at very little cost.

cr1776

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Merit: 1313

Quote

One day last year, at the height of the Ukrainian revolution, Mark Howard spotted something interesting on television. In the background, a protester was holding up a poster with an instantly recognizable logo: A “B” with two vertical bars, the symbol for the digital currency bitcoin.

Mr. Howard is an American IT specialist and a self-described bitcoin enthusiast. He surmised that the poster’s QR code, which is a kind of square bar code, must contain the address of a bitcoin wallet belonging to the protesters. On a whim, he froze the frame, scanned the code with an app on his phone, and sent $10 worth of bitcoin to a country whose banks were paralyzed but whose protesters needed money to continue their fight.

It happened instantly, and the total cost of the transaction was $0.02.

If using unregulated cryptocurrency to crowd-fund foreign revolutions sounds...

Link:
http://www.wsj.com/articles/here-comes-almost-free-money-1433715790

But it is pay-walled. Search with "Money Isn’t Free, but Moving It Is Now Cheaper" in Google and follow that link.

Topic: 2015-06-07 WSJ - Money Isn’t Free, but Moving It Is Now Cheaper (Read 722 times)