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Topic: Western Union lost 2,000,000+ customers' money to Bitcoin in 2014 - page 2. (Read 2567 times)

hero member
Activity: 644
Merit: 500
2M+ customers is too many, if it's really happen, we'll see huge drop from WU income
maybe around thousand+ customers who switched to BTC
Only thing I agree with in the OP is the "of course Western Union isn't going to start accepting bitcoin" part.  I think they will hold off on doing so for as long as possible but will ultimately either be forced to adapt or die.  I suspect there are going to be alotta jobs going away in Western Union over the next 2-3 years.
since WU service is head to head with BTC, they must do that or their sevice will loose customers
legendary
Activity: 1610
Merit: 1000
Well hello there!
Only thing I agree with in the OP is the "of course Western Union isn't going to start accepting bitcoin" part.  I think they will hold off on doing so for as long as possible but will ultimately either be forced to adapt or die.  I suspect there are going to be alotta jobs going away in Western Union over the next 2-3 years.
sr. member
Activity: 476
Merit: 250
Once the family member receives the bit coins for low fees, how do they buy a loaf of bread?

You missed this discussion thread:
Need volunteers to get big chain Grocery stores to accept bitcoin
https://bitcointalksearch.org/topic/m.7102929
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
WU = Bitcoin
I mean, i read some people trying to make tchem use BTC. What for?
BTC is what exactly competes with WU.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
You need a citation for a claim like that. Otherwise I'm assuming it's BS.

Assuming bull while I did agree in the other thread that Western Union is falling behind
Didn't say they were dead yet Bitcoin still has a way to make itself user friendly to the average person
newbie
Activity: 4
Merit: 0
Once the family member receives the bit coins for low fees, how do they buy a loaf of bread?
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
It is bullshit.

Bitcoin is good, but you still have the time and fees of converting to USD

There will always be some sort of fee when it comes to the handling of money.   No service will continue going on being completely free.

Minimizing the fees is about the best that can be done, and BTC has done a phenomenal job at that...
member
Activity: 72
Merit: 10
Unreal! I figured they lost a ton but never imagined 2m+. Yeah, they better start accepting Bitcoin LOL
hero member
Activity: 810
Merit: 1000
Might have no proof but it is good propaganda  Smiley
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Make a claim with no proof. Lol
legendary
Activity: 1320
Merit: 1007
It is bullshit.

Bitcoin is good, but you still have the time and fees of converting to USD
full member
Activity: 196
Merit: 100
You need a citation for a claim like that. Otherwise I'm assuming it's BS.
sr. member
Activity: 476
Merit: 250
Western Union lost 2,000,000+ customers' money to Bitcoin in 2014.


Most of western union customers now turning to Bitcoin for their low transaction fee. People can send Bitcoin to their family and friends all over the world instantly for extremely low transaction fee.

Of course: Western Union Is Not Going To Embrace Bitcoin
http://cryptocrimson.com/2014/06/spoiler-alert-western-union-going-embrace-bitcoin/
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