Global money transfers are a solved problem, or am I missing something?
I keep seeing butters repeat the pro-Bitcoin argument of fast (lol) and “free” money transfers.
But… that’s basically a solved problem? Last week, I had to send $2k to my landlord in Vietnam (I’m from North America). Transfer through Wise (not trying to promote it, but that’s what I use) took literally 5 seconds to arrive in their Vietnamese bank account, on a Sunday evening. Fee was $14, which I feel is insignificant at 0.7%.
Am I missing something here? How is that still being used as an argument for Bitcoin?
u/Sensitive_Pickle_625 — 4 days ago