It is now possibly to link any US bank account to Coinbase[1], buy bitcoin instantly[2], and donate to an educational institution in another country. This is with no fees and goes directly to the source.
EDIT: Well technically Coinbase takes a 1% fee in the process of converting USD to BTC, but that's it. Which makes this attractive transfer money across countries. This technology could also be especially useful for remittances.
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It is now possibly to link any US bank account to Coinbase[1], buy bitcoin instantly[2], and donate to an educational institution in another country. This is with no fees and goes directly to the source.
[1] http://blog.coinbase.com/post/34357253898/you-can-now-buy-an...
[2] http://blog.coinbase.com/post/55203204550/instant-bitcoin-pu...
EDIT: Well technically Coinbase takes a 1% fee in the process of converting USD to BTC, but that's it. Which makes this attractive transfer money across countries. This technology could also be especially useful for remittances.