July 22, 2011

Large number of invites sent out today for flexcoin the bitcoin bank

by TheFounder

There will be a large number of invites handed out today for the bitcoin bank. Several new pages were posted on the site this morning hinting at it’s strengths compared to the standard bitcoin currency. Also added were a TOS, Privacy Page, and a few others.

Flexcoin has peaked interest within the bitcoin community due to the fact that the bank pays interest to it’s account holders, Solves the “coffee shop” problem and gives vendors an easy to use ID suitable for printed material and marketing rather than a long sting while at the same time fundamentally allowing anyone to access their bitcoins from anywhere. Basically revamping the system to something that can actually be used for general commerce.

It has the potential to fix all the bitcoin problems and allow the currency to go more mainstream.

Currently flexcoin has several hundred users, with the only limiting factor being the highly sought out invites.

We were told to “watch our inbox” over the next 24-72 hours.

Related Posts:

• Venture Capital Firms expressing interest in bitcoin companies
• Flexcoin announces Cold Storage for the bitcoin currency
• First Bitcoin Bank open to general public – demand is high for ID’s
• Flexcoin the bitcoin bank announces Cold Storage
• First Bitcoin Bank now taking Invites | Flexcoin

5 comments on “Large number of invites sent out today for flexcoin the bitcoin bank”

1. Anonymous on July 22, 2011 at 6:23 pm said:

   Erm, I’m not going to be an early adopter for a bitcoin bank, but I wish them luck.

   I believe that bitcoins are going to change the world. I recommend
   that everyone read up about them. If you are interested in
   buying/selling bitcoins, I personally use and recommend http://www.tradehill.com – they have lower fees than the main exchange (mtgox), and their website seems more professional IMHO.

   Also, I have a code that will get you 10% off trading fees there for life: TH-R1168

   Enjoy!
2. Anony Mouse on July 22, 2011 at 7:27 pm said:

   > Flexcoin has peaked interest 

   piqued?
3. Joe Bloggs on July 23, 2011 at 10:45 am said:

   With no explanation as to how the interest is earned, I’m skeptical…
4. Media on July 25, 2011 at 12:33 am said:

   It’s clear on their FAQ that in some cases there are transaction fees hence how they can pay you interest ….  no fee to transfer bitcoins to flexcoins ,  no fee from flexcoin to flexcoin transfers,  minor fees on flexcoin to bitcoin transfers.
5. Media on July 25, 2011 at 12:33 am said:

   It’s clear on their FAQ that in some cases there are transaction fees hence how they can pay you interest ….  no fee to transfer bitcoins to flexcoins ,  no fee from flexcoin to flexcoin transfers,  minor fees on flexcoin to bitcoin transfers.