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Main => General Discussion => Topic started by: clayop on January 22, 2015, 10:08:18 pm

Title: [FYI] Bill Gates "Bitcoin Alone Won't Solve Global Payments Challenges"
Post by: clayop on January 22, 2015, 10:08:18 pm
http://www.coindesk.com/bill-gates-bitcoin-alone-wont-solve-global-payments-challenges/

Let's introduce bitUSD to Bill Gates  :D
Title: Re: [FYI] Bill Gates "Bitcoin Alone Won't Solve Global Payments Challenges"
Post by: julian1 on January 22, 2015, 10:23:44 pm
Quote
he believes problems like the fluctuation of value and a lack of transaction reversibility within the network are significant barriers to broader adoption.

Bitshares has half of that covered. We should write an introductory proposal to the foundation drawing attention to the strengths of BitUSD and BitAssets.
Title: Re: [FYI] Bill Gates "Bitcoin Alone Won't Solve Global Payments Challenges"
Post by: clayop on January 22, 2015, 10:29:02 pm
Quote from: julian1 on January 22, 2015, 10:23:44 pm
Quote
he believes problems like the fluctuation of value and a lack of transaction reversibility within the network are significant barriers to broader adoption.

Bitshares has half of that covered. We should write an introductory proposal to the foundation drawing attention to the strengths of BitUSD and BitAssets.

Can escrow function cover another half?
Title: Re: [FYI] Bill Gates "Bitcoin Alone Won't Solve Global Payments Challenges"
Post by: carpet ride on January 22, 2015, 10:43:28 pm
When are we gonna make official reach outs to Gates and others like we did Kevin Harrington


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Title: Re: [FYI] Bill Gates "Bitcoin Alone Won't Solve Global Payments Challenges"
Post by: bobmaloney on January 22, 2015, 10:53:13 pm
I'm not sure how this fits into the grand scheme (I believe it is an umbrella to coordinate current Banking, Visa/MasterCard and M-Pesa transactions with upcoming infrastructure for microtransactions, cryptocurrencies and other payment systems), but being that the Bill & Melinda Gates Foundation is involved, this may be some of what he is referring to:

http://betterthancash.org

Comes with some nifty initials as well ;-)

*Edit: Related - http://www.theverge.com/2015/1/22/7872391/bill-gates-interview-how-the-world-will-change-by-2030