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by tripzilch
4816 days ago
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> Bitcoin: a currency for regular, everyday exchange. Heh. But now I wonder how our banks do it. Over here, and this is different than the credit cards you use in the US, you can log on to your bank account, and transfer money to anyone (within the EU, afaik) with no transaction costs (at least within the country, afaik). The same mechanism goes for online shopping. It's safe because it uses 2-factor authentication (you log on with a password, but need to get an SMS text with a special code to make transactions) and somehow people manage to not fuck this up and get hacked out of $8000--oh I'm sure it happened, but nobody's dumb enough to blame the currency/exchange system, there. |
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