> ”A couple a weeks ago I did a wire half way across the globe. It took almost 7 days for the money to arrive. With bitcoin? 60 minutes.” And how long does it

> ”A couple a weeks ago I did a wire half way across the globe. It took almost 7 days for the money to arrive. With bitcoin? 60 minutes.” And how long does it take to convert the Bitcoin to money in the destination country? SWIFT wires normally clear the same day. If it took seven days, your transaction was being held for legal reasons. It’s foolish to think that Bitcoin somehow solves this problem — it just moves the responsibility for inspecting transactions to the “off-ramp” exchange you’d be using in the destination country.