Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoin would have averted this painful loss, shame on fiat
by
Call_Me_Guru
on 16/09/2024, 14:53:38 UTC


Bitcoin is boss, not by mouth only, you see what fiat cost that innocent guy trying to do a legitimate trading business. His money was useless for him by fiat bank arrangement, no one knows where the actual fault came from due to too many parties involvement and the banks will do it authoritatively, they set the price as they like. This can't happen with Bitcoin, all transactions are transparent, you can easily know where the fault comes from and less than $0.3 will complete the transaction in minutes.

The bank transfer must have delayed his transaction for at least two days only to realize that almost €100 was charged for transferring €1,000 to the beneficiary account. Fiat is just silly, banks are crook and feeding fat on people's money.