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> "Fast and cheap payments" have been fixed using regular fiat and banking services. I daily transfer and pay for stuff without any charges. Could it be that b
by fsflover 1y ago
> "Fast and cheap payments" have been fixed using regular fiat and banking services. I daily transfer and pay for stuff without any charges.
Could it be that bitcoin forced banks to compete?
- xnorswap 1y agoNo, because the systems pre-date bitcoin. Chip & Pin launched in 2003 Contactless payments launched 2007. ( Yes, these pre-date Apple Pay, etc, by quite a long time ) Faster Payments System launched 2008 ( After a decade of planning ) Bitcoin launched 2009.