Can you see the white flag of surrendering waving? I can. When you see Western Union, founded in 1851, joining forces with one of the largest Crypto currency exchanges (Coinbase), you now the hand writing is on the wall. The global banking system is about as up to date and efficient as drum brakes on a car. The antiquated banking system is dying. For over 166 years Western Union has been used to wire money. They used the "new" technology of wire telegraph (October of 1832, Baron Schilling) to launch their services. 166 years ago they were on the cutting edge of technology. Back then a wire transfer was much faster than the pony express. Today, the block chain technology and the public ledger, combined with the internet, is the modern day telegraph.
The old way of banking and transferring money is dying. Western Union is smart enough to see this and hitch their wagon to crypto currencies. They are forming a strategic alliance with Coinbase to utilize Ethereum smart contracts and move into the 21st century. Trust me, if Western Union did not realize crypto currency and the block chain are not here to stay, they would not have partnered up.
With Fortune 100 companies daily coming on board and using block chain technology, should not you also be getting on board? To really gain large profits and make life changing money, you must participate in crypto's. Study the most stable crypto coin/token out there and find your favorites. Study all of the new Initial Coin Offerings (ICO's) and find which ones offer features that humanity will need. Invest in the ones you like and that have the greatest potential and get ready to reach the MOON!
I think it's a great thing. The future is here. Good post.
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Thanks, Your welcome
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Wow! This is significant news that went under the radar!
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I know. I try to write about important facts. Hope someday to get more followers so I can reach more people with vital news. My main goal is to help everyone navigate through today's unique times that we are living in.
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I just recorded a video about this ill link you in the video info box
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Oh, OK. Yes, I would like to see it. Thanks.
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Good to know.
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Your welcome. Hope you are getting involved in the crypto currency market a little bit.
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Yep Since september 2016
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"They are forming a strategic alliance with Coinbase to utilize Ethereum smart contracts"
I'm not sure where you got that from. I only found this where it sounds much less spectacular:
http://www.coindesk.com/western-union-reveals-pilot-coinbase-integration/
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That is amazing. I wish more open minded and smart corporations join into the cryptocurrency world. We will have much better world.
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Thank you for this info! I am always looking for well written articles to share with my skeptical friends & family. This one shows what I have been saying since I read Satoshi's white paper in June of 2010... :)
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Your welcome. I write everyday on these subjects. Keep in touch!
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Great post amigo...
You may like this one I did a week or so ago.
Thanks
https://steemit.com/steemit/@cheekybuggy/will-steemit-be-part-of-the-worlds-new-sdr-currency
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How about 1st of August event going to effect Bitcoin
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BTC (Bitcoin) should be just fine. Just make sure all of your BTC is off the exchanges and on a hard wallet before August 1st
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