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Not going to say that no one lies about it but I had to transfer a sizable amount of money between two banks at about the same time I did a transaction from my
by xutopia 5y ago
Not going to say that no one lies about it but I had to transfer a sizable amount of money between two banks at about the same time I did a transaction from my home with BTC that took all but 20 minutes without the need for fax machines.
There are advantages to cryptocurrencies and one can very much want a future where currencies they would use isn't hampered by government.
- elzbardico 5y agoTransferring huge amounts of money between accounts, specially when you own both is not a problem unless you live in the US. For most of Europe, Asia and even latin america this problem has been solved almost two decades ago. Around the same time the banks on those countries retired their fax machines.
- xutopia 5y agoI live in Canada and had bank accounts in France as well where anything above 5 figures is hard to do across institutions. I was able to move 50k in 10 minutes in BTC when 25k CAD was tough to send and required days of wait time despite a certified cheque I paid extra for.