Coinimal and Giropay: German Bitcoin Buyers Get a Boost!

Coinimal and Giropay: German Bitcoin Buyers Get a Boost!

So the news that Austrian digital currency start-up Coinimal had added a new bank transfer service to its platform hit press today via a Reddit post from the company. The company has added GIROPAY to its instant payment offerings - a German-based Internet payment system. The system is the most popular method of transacting online in Germany, and is a step forward for both bitcoin space as a whole and the digital currency environment in Austria. From the post: Hey guys, We, https://coinimal.com, have added GIROPAY, the German instant bank transfer service to our platform. Austria has been....


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Quotes

The single most dangerous facilitator of crime in the world is cash. There are far more illegal transactions for cash every day than there are for Bitcoin. Any government bleating that we have to stop this Bitcoin thing because it will be used by criminals to buy drugs and guns, whatever, had better think sharply about getting rid of cash first. Bitcoin is much more traceable than cash.If I go and knock over an old lady in the street and steal her cash from her wallet and give it to various people there is no trail of those transactions.

Paul Davis, Managing director of Counting House (I0M) Ltd