Concept

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The Bitcoin Cheque is a new concept that will simplify the usage of Bitcoins. It will remove many of the barriers Bitcoin is struggling against to achieve mass adaptions.

What is it?

Basically the Bitcoin Cheque is a file claiming that the its issuer will pay a certain amount to the holder.

The Bitcoin Cheque are typically issued by Bitcoin Banks. When a user wants to purchase some web content or physical goods for Bitcoins, he can request a Bitcoin Cheque from his bank and give it to the merchant as payment. The Merchant then later collect the money from the bank.


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