Quote
“That’s the issue with bitcoin. We are a very regulated industry. If bitcoin is regulated and the customer wants that, I mean, why not? [...]
I am not sure bitcoin is a currency. Bitcoin is a system. It is not used as a currency, it is defined as an asset. When the reserve bank issues bitcoin and when it is regulated we would be more than happy.”
I am not sure bitcoin is a currency. Bitcoin is a system. It is not used as a currency, it is defined as an asset. When the reserve bank issues bitcoin and when it is regulated we would be more than happy.”
So basically...Western Union is whining because they have to follow regulations and want their competition, Bitcoin, regulated too.
Guess what Western Union? You are old news.
A Bitcoin ATM next to every Western Union in the world would make them obsolete.