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> not uncommon for companies to loose over 2% of revenue in banking fees and other enforced banking inefficiencies Do you have a source for that number? And e
by usrbinbash 3y ago
> not uncommon for companies to loose over 2% of revenue in banking fees and other enforced banking inefficiencies
Do you have a source for that number?
And even forgetting that "crypto" comes with both delays and transaction fees, it is also known to be able to lose most of it's value basically overnight. So unless companies want to wake up bankrupt, they'd have to constantly change real money into tokens and back again for their transactions. I wonder how efficient that would be.
- medo-bear 3y agonot more than my experience, which you can trust or not. if it means anything to you my experience relates to banks in the EU. i also deal alot in multiple currencies crypto delays are minutes to hours. banking delays are a matter of days. just this week i needed to do a significant transfer with my bank. because i did the transfer after 16:30 (in branch!) i needed to wait until 06:00 for the transfer to happen because it was outside transfer hours. if some crypto coin functioned like this it would be laughed at