The future of sending money has just hit another milestone. It is now possible to simply send money (Bitcoin) via text message.
Coinbase has just launched the first SMS based Bitcoin exchange system. The beauty of this system is in the simplicity it brings to exchanging Bitcoin. No more QR codes or wallet applications required. Just a simple SMS text message and an email address.
Coinbase has just launched the first SMS based Bitcoin exchange system. The beauty of this system is in the simplicity it brings to exchanging Bitcoin. No more QR codes or wallet applications required. Just a simple SMS text message and an email address.
Moreover, it no longer matters if you have a smart phone or not. It doesn't matter if your phone is made by Apple, Google, Blackberry or any other manufacturer. You don't have to be on the same mobile provider or have your money in the same bank. It greatly simplifies a complex technology and will certainly expedite further adoption of Bitcoin for micro transactions and
The SMS text interface for Coinbase was made by Charlie Lee, who also created Litecoin (a Bitcoin derivative). It is one of many developments the company has made since it received a $5 million investment led by Union Square Ventures in May.
The SMS text interface for Coinbase was made by Charlie Lee, who also created Litecoin (a Bitcoin derivative). It is one of many developments the company has made since it received a $5 million investment led by Union Square Ventures in May.
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