How Bitcoin’s Banking Crunch is Holding Back US Startups

http://ift.tt/XDFmIR

Following its May launch, QuickCoin captured attention with its novel integration of Facebook’s ubiquitous social media platform and simple bitcoin wallet technology – and the wider tech world took notice.

Soon, the self-funded company began to capitalize on its momentum, and on 11th August, QuickCoin had the first of its seed round capital wired to its corporate bank account at Wells Fargo. The celebration, however, was short-lived.

Continue reading at CoinDesk

via CoinDesk http://ift.tt/1u8Avto