> I literally just wired someone money today and it was <1 hour. I can't count how many times I've had to explain to people that domestic wire transfers are ac

> I literally just wired someone money today and it was <1 hour. I can't count how many times I've had to explain to people that domestic wire transfers are actually really, really fast. Even international wire transfers occur relatively quickly in my experience, though obviously I can't vouch for every country:country combination. I get the impression that a lot of Tether/crypto proponents have never actually dealt with normal banking at scale, they've only heard about it through exaggerated depictions designed to make crypto look like the better option. Don't get me wrong: There are a lot of areas where normal banking is imperfect and can improve! However, replacing it with an unregulated asset operated by a shady company that has been proven to have been lying about their reserves once already is not an improvement. Also, you don't need Tether specifically to transfer crypto around quickly. Most people would just transfer their crypto directly. It wouldn't make any sense to convert your Bitcoin to Tether to transfer to another exchange just to convert it back to Bitcoin and pay exchange fees on both ends.