But why would you need WU when you can send BTC anywhere?
Is in the second paragraph...
Quote
customers could use their services to send and receive money transfers denominated in bitcoins
I still don't understand. If i want to send you some BTC i could just send it through the blockchain without paying extra fees to WU. Is it for people without internet then?
*shrug*
Yes, just like centove said, you walk into a WU office and make a bitcoin transfer of desired value. Hope they will implement it like this otherwise I don't see usefulness either.
Then it will work more like an exchange than payment system. I actually think it's a good idea. For all the people that don't want the hassle of registering, becoming verified and wiring money to an exchange which takes days. This way you enter a WU office and have BTC on a desired adress by the time you exit.
