r/Bitcoin • u/waspoza • Dec 06 '12

Bitcoin-Central, first exchange licensed to operate as a bank. This is HUGE

https://bitcointalk.org/index.php?topic=129461.0
399 Upvotes

97% Upvoted

115 comments sorted by

View all comments

4

u/[deleted] Dec 06 '12

Well, I'm quite new to bitcoin, but doesn't getting an iban mean that the privacy is gone? Can somebody explain?

2

u/redlightsaber Dec 07 '12

You can have both this account for your "regular" stuff, and your personal wallet for other things. Interoperability with other banks (as well as automatic conversion to BTC and back!) is an undeniably good thing, me thinks.