Author

Topic: InstantPay from The BC .. The WTF? (Read 1233 times)

legendary
Activity: 2506
Merit: 1010
November 27, 2010, 12:19:41 PM
#4
So, it is trying to be QQ coins II?

Wall Street Journal: March 30, 2007
  QQ: China's New Coin of the Realm?

http://online.wsj.com/public/article/SB117519670114653518-FR_svDHxRtxkvNmGwwpouq_hl2g_20080329.html
hero member
Activity: 683
Merit: 500
November 27, 2010, 08:24:03 AM
#3
Registered and took a look at it, seems like it is a facebook, paypall, ebay all in one.
legendary
Activity: 980
Merit: 1014
November 27, 2010, 01:00:58 AM
#2
So it's like hippich's ubitio.us except worse.
legendary
Activity: 2506
Merit: 1010
November 27, 2010, 01:00:02 AM
#1
"Pay and Get Paid Instantly"
"Trackable Transactions Without Sharing Your Financial Information"
"No bank, account, credit card or cheque required"

At first I thought the BC meant this was some Bitcoin-related endeavor.

http://www.thebc.com/instantpay

Trying to understand what it was (or will be, launches in January, per a Wikipedia comment), I started to think it was some type of myspace clone that requires you to pay to see images and listen to music ("collect royalty for every download", it says).  I guess without a bank or credit card, the "Send Money Instantly" part would be from what you earned for your content.  But then I see "Pay utility bills online at your convenience", ? ? ?

Anyways, ... hadn't seen this before, thought I'd share it.
Jump to: