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I’ve transferred a few million dollars with CurrencyFair by now, the transfer across continents has always been less than 24hrs, the notification from my bank a
by eastbound 3y ago
I’ve transferred a few million dollars with CurrencyFair by now, the transfer across continents has always been less than 24hrs, the notification from my bank arriving before the emitter tells me it’s sent; only 4$ per transaction (so 0.003%) and the rate always within 0.5% of the stock exchange (less than the 2-3% it costs with Bitcoins).
Therefore the point of faster settlement and less burocracy doesn’t stand unless you are selling weapons, which proves that Bitcoin is only useful for criminal schemes.
- baby 3y agoState of the art crypto is instant payment, not “less than 24h”. For example, I get paid in crypto sometimes for work, I just get the money directly. The last gig I did in USD was like 2 weeks ago and I still haven’t seen the money in the bank account (altho bill.com has confirmed that it was sent)
- eastbound 3y agoBut when does it matter?