Bitcoin disrupting Remittances...Disruption creates friction, Uber in the Taxi world....Blockchain in the Payments world
Western Union has reportedly taken action against a bitcoin spoof of one of its ads, triggering a backlash from proponents of the digital currency. The parody in question was an image posted on the 'Bitcoin' Facebook page by bitcoin enthusiast Dave Aiello, who also placed it on Reddit. The spoof, which makes a humorous comparison between the price of sending money via Western Union and bitcoin, proved popular among Redditors, who were quick to share the image. It remains unclear where the parody originated, with Aiello indicating to Ars Technica that he is not the author of the image. Western Union didn't find the image so amusing, it seems. The money sender filed a Digital Millennium Copyright Act (DMCA) claim with Facebook alleging the image infringed its copyright, forcing the social networking giant to take down the contentious content.