Re: IF ONLY EVERYONE CAN EASILY ACCEPT CRYPTO

Quote from: lionheart78 on Today at 10:14:05 PM

But on a traditional bank international bank transfer, Bitcoin is way faster having only 10 minutes at least waiting time, while banks international transfers[1] needs 1 to 5 working days. Even PayPal to bank account takes 3 to 5 days[2] although paypal to paypal takes seconds. It is still faster with Bitcoin if we compute the time Bitcoin to bank and PayPal to bank time of arrival of the fund. On top of that faster transaction, we all know Bitcoin does not need any intermediaries and has cheaper transaction fees.

[1] https://gocardless.com/guides/posts/international-bank-transfer-times/
[2] https://support.2go.com/hc/en-us/articles/236226847-When-Will-My-PayPal-Transfer-Be-Available-in-My-Bank-Account-#:~:text=To%20transfer%20funds%20from%20your,when%20your%20money%20is%20deposited.

If you talk about the time it takes traditional banks or local banks now to send funds between banks or between accounts, I think it is still faster because it only takes me a few seconds to send money via mobile transfer or ATM.
Bitcoin may be quite slow with a delivery time of 10 minutes, because it uses the regular Bitcoin Network, if it uses the Bitcoin Lightning network it will be faster and cost less.
Bitcoin does have a few more advantages regarding privacy issues and lower costs if using the lightning network. there is no intermediary and it is fully controlled by us as asset owners.