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Old 02-16-2016, 08:51 AM  
Barry-xlovecam
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Join Date: Jun 2010
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Posts: 18,083
I think reliable pay-outs and internal tax accounting are the main issues for us.

Would you waive claim of non-receipt of funds in cases of "Bitcoin Exchange" fraud? Banks are regulated, Bitcoin is quasi regulated.

Payment is not complete until you can prove payment. Bitcoin is designed for a more obfuscated anonymous payment. Our accounting staff has experience tracing payments we make when there is a dispute. So, now they would have to learn and experience Bitcoin blockchain tracing of transactions -- at what price?

That having been said, the ECB and the USFED need to consolidate SEPA and ACH to move into the 21st century and facilitate global commerce. There are a lot of reasons they will not do this.

When there is a future in a well regulated cryptocurrency these issues will have been addressed;
Tax evasion and money laundering are the real concerns that world governments have with cryptocurrency.

Solve those issues and it will happen
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