>Bank wire transfer $50 takes 1-2 days >send USDT to another wallet 25 cents takes 3 minutes Why do we need banks again?
>>62280060Banks are old tech not needed, my eth wwllets are my bank.
>>62280060most people will NEVER use crypto, it's too complicated for them. They can't be trusted with a seed phrase or getting mugged by some random criminals that threaten your life just to steal your crypto. Thats the biggest reason why you'll likely see little adoption in the future
>>62280084>They can't be trusted with a seed phraseMicrochip implants>getting mugged by some random criminalsDeath penalty for petty crimes
>>62280109>just be a good goycattle slave and insert a microcrhip in your hand so you can pay for everything!not today Satan
>>62280060>go to buy coffee>offer to pay with USDT>the cashier just looks at you with this face
>>62280060because boomers get a phone call from some indian guy saying he's their grandson and needs $5000 to get bailed out of jail and they immediately go to the bank and start signing paperwork
>>62280060I can do a bank wire through fidelity for free, have customer service screen share with me to verify I've put everything in correctly, then have a different fidelity employee verify the transaction is valid, and it settles in less than a day. Why do I need a crypto middleman stealing 25 cents from me while offering none of the customer service or security as tradfi?
>>62280129There are plenty of debit cards that can pay with USDC, I bought an overpriced Starbucks coffee with it yesterday
>>62280060i don't know where you live but now bank transfers are instant.Sucks to suck i guess.
>>62280364So instant settlement between banks from Brazil and Estonia? Crazy times we live in.
It's actually free to just hand cash to someone else. Zero exchange cost.
>>62280060Suppose you get scammed, and there are no banks or third parties involved. That's it. You kiss your money goodbye. There is no ceo of blockchain to save your ass. Suppose you forget your 12 words. You're fucked forever. Meanwhile, banks will ask for some credentials, an email, a phone number, a selfie of you holding your dick between your hands and they'll give you a new password to access your account. I hate to say it but we still need (((banks))). Most of us are retarded, normalfags are way too retarded to handle their own money.
>>62280129>can't buy le heckin coffee it's why we need more banks and ban crypto This stupid coffee argument is so retarded lol.
>>62280400What about crypto banks that would deal with block chain only?
>>62280364I just wanted to transfer $50 to my credit Union from BoA and they charge $50 maybe $30 I don't remember and it takes until tomorrow at fastest. Now I'll just fucking drive there to use my debit card to put money on that account.
>>62280400the whole point is that you dont need a 3rd party. It was never about adoption but offering another way. Jesus you guys are so fucking retarded
>>62280364Huh? Are you smoking crack? ACH is the slowest thing in the world and wire transfers cost way too much.
>>62280571I've literally never paid a dime to do a wire transfer.
>>62280575I don't believe you. Which bank?
>>62280579Fidelity.
>>62280588Damn, I guess you're right. I guess a lot of banks are scamming people. Apparently their staff has to do AML checks and there is a fed fee so it does make sense to charge for it, though.
