> Modern settlement and clearing is efficient I am no fan of bitcoin, but here's some anecdata for you: It takes five full business days for an ACH transfer t

> Modern settlement and clearing is efficient I am no fan of bitcoin, but here's some anecdata for you: It takes five full business days for an ACH transfer to clear and become available between my bank and my brokerage. BTC, for all its faults, can give you sufficient confirmation in about an hour. Many other cryptocurrencies, much faster than even this.