In the U.S., people wrote about 38 checks on average in 2015, compared to 18 in Canada, 8 in the U.K., and almost none in Germany.
“Pay securely. Here, there, anywhere.” That’s the slogan currently on PayPal’s website, and one of the central promises for digital payments of all kinds. But so far, the promise isn’t accessible “anywhere.” For instance: Nicaragua. On the country’s Pacific coast, in a remote beach town, there is a Spanish school called Pie de Gigante. It draws an […]
The Justice Department has indicted seven people involved with the online-payment system Liberty Reserve, accusing them of allegedly laundering $6 billion for the criminal underworld. What risk does the crackdown pose for Bitcoin?