I'm going to ignore the bank bureaucracy that isn't involved in transactions, currency flow, liquidity, fraud prevention, etc. Bank transactions (in the US at

I'm going to ignore the bank bureaucracy that isn't involved in transactions, currency flow, liquidity, fraud prevention, etc. Bank transactions (in the US at least) take 2-5 days to clear because of insufficient bureaucracy. The banks are understaffed and slow to develop new, more efficient tech. They close on weekends and holidays. Increasing bank bureaucracy would fix a lot of the current problems. Bitcoin has more bureaucracy than banks in the form of miners (1M+). They never go to sleep and the transactions never slow down. Reducing "bureaucratic overhead" is a non-goal.