Hacker News new | ask | show | jobs
by javert 4829 days ago
I'm not trying to diss Western Union here, I'm just explaining why the other guy said that.

But OK, I'll take the bait :).

Yes, Western Union can provide a lot of relevant services, but so can _anybody_, and there are already a number of Bitcoin exchanges.

To assume that Western Union ought to provide Bitcoin services is like assuming that a horse-and-buggy company ought to start making cars. I mean, sure, it might be a really good idea, but cars are a _revolution_ of the horse-and-buggy, not an _evolution_. Likewise, Bitcoin is a revolution compared to traditional money transfer, not an evolution.