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Exactly. This is one of the advantages that cryptocurrency has over banks. The Etsy snafu will be repeated until people and businesses start to require crypto

• ceejayoz 8y ago
  > Exactly. This is one of the advantages that cryptocurrency has over banks. If it were any sort of meaningful advantage you'd likely see banks adapting pretty rapidly. There's nothing inherently impossible about faster bank transfers - Europe already has 24/7 nearly-instant transfers via SEPA. > The Etsy snafu will be repeated until people and businesses start to require crypto for business transactions. I suspect for every one Etsy snafu there's a bunch of "thank goodness I could issue a chargeback" situations.