ähm, ade Bargeld
Part of this mind shift can be attributed to a lack of efficiency when dealing with a cash transaction. Cash is not convenient, and it feels clumsy at times to deal with both bills and coins. Electronic payments let users pay the exact amount they need, by just carrying a plastic card or mobile device.
Physical wallets are becoming a thing of the past. WTF Adelung durch Zentral Bank Hollands
Dutch Central Bank Keeps Tabs on Bitcoin and Digital Currency
Hardly anyone will be surprised by the news of the Dutch Central Bank keeping a close eye on the evolution of Bitcoin and digital currencies throughout 2015 and beyond. There is only so much traditional finance can do to make payments more appealing, as all transactions have to go through the outdated legacy system.
New and innovative payment methods – such as Bitcoin and other digital currencies – completely bypass the financial infrastructure and provide global payment solutions. Regarding robustness and faster payment processing, there is no match for Bitcoin in the financial world today. Especially not when taking into account how the sender pays minimal transaction fees with Bitcoin, whereas the recipient pays no fees at all [
unless they convert the funds to fiat currency].
- Soll das heißen lasst den mist? Haltet Bitcoin!?
New and innovative payment methods – such as Bitcoin and other digital currencies – completely bypass the financial infrastructure and provide global payment solutions. Regarding robustness and faster payment processing, there is no match for Bitcoin in the financial world today. Especially not when taking into account how the sender pays minimal transaction fees with Bitcoin, whereas the recipient pays no fees at all [unless they convert the funds to fiat currency].
Furthermore, there is no such thing as fraud in the Bitcoin ecosystem. Not only will the blockchain technology be valuable to the Dutch Central bank, but the entire concept of issuing digital money deserves a second and third look. Bitcoin should not be discounted as a contender to eventually put banks out of business, though, as the popular digital currency keeps gaining momentum all over the world.
http://www.newsbtc.com/2016/01/21/dutch-central-bank-report-acknowledges-bitcoin-and-blockchain/ECB Board Member: Blockchain Could Disrupt Payments
Yves Mersch, member of the executive board of the European Central Bank (ECB), has said innovative new payments technologies like the blockchain have the potential to disrupt card-based payments.
http://www.coindesk.com/ecb-board-member-blockchain-could-disrupt-paymentsBitcoin and Bulk Transactions Take Center Stage in International Transfer
Exactly what this means for bitcoin is unclear, but on a macro level, it has implications. As part of the announcement, the banks referenced the rise of the financial technology sector and the drive to reduce transaction fees. Bitcoin and the blockchain are viable answers to this problem, and Japan’s latest action shows that large organizations are willing to join forces to find a solution.
Which brings us to the second development, CoinPip. CoinPip is a Singapore based startup that is trying to apply the blockchain to the problem Japanese banks are trying to solve. The company has developed a system through which businesses can transact with one another, quickly, and for a low, fixed fee. It uses bitcoin as its root currency, and through blockchain based transactions, allows businesses to avoid the high cost of sending money across borders – both from a banking fee perspective and from a foreign exchange viewpoint.http://www.newsbtc.com/2016/01/21/bitcoin-and-bulk-transactions-take-center-stage-in-international-transfer/