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Flexcoin - World's first Bitcoin Bank open to public

posted onAugust 10, 2011
by l33tdawg

The worlds first bitcoin bank has opened to the general public. The ewallet has been called one of the best services to the bitcoin community as it solves virtually all of the problems that hindered bitcoins from becoming more mainstream in commerce. It’s a game changer in the bitcoin community. 

It allows people to access their coins anywhere, hence now it’s not limited to the machine you installed the physical client on, as it can be accessed by your smartphone (turning your phone into your debit card). The biggest story however is the land rush. Many view that flexcoin id’s are helpful for future e-commerce with bitcoins. So people are grabbing the best ID’s possible, and the demand has been high for a free flexcoin id.

Before flexcoin people had to send bitcoins to addresses like “17KxFiNCwDXdxDxUMhWb7RLj7REnSJ1M8P” after flexcoin an id such as “coffeeshop” would do the transfer. This simplifies commerce greatly, it allow is an instant transfer as compared to the traditional “next block wait” which could be between 10 minutes and 3 days depending if it was a small transaction with no miner fee.

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