What if we could send cryptocurrency to normal bank account…

Twetch · December 14, 2019

What if we could send cryptocurrency to normal bank account numbers? Not sure I would want to but going to experiment with that workflow on paper.

I keep thinking the future is:

@username@paymentchannel

Maybe that's:

$username@channel

Replies

Twetch · December 14, 2019

I think Zelle is stupid. CashApp is intelligent.

Venmo was a protective move by PayPal but can't last. Will lose marketshare to CashApp.

Coinbase gets eaten by DEX's. That's why they'll push for more regulation. Goldmoney, smart.

Twetch · December 14, 2019

I think this will happen eventually down the line, sending directly to a national bank account number. It just needs a protocol run onchain or by a trusted bank/facility regulated by law. Everything is traced and this also makes it safer for some people.