Re: Bitcoin would have averted this painful loss, shame on fiat
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 and charges as they like on your own money. 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.
I see truly bitcoin is the ultimate because lot of people has experience this issues and would always want to use Bitcoin. Whom would see this and be happy to further use fiat again?
Nobody, and is been a while I used third party payment system than bitcoin, just mostly except from local payment such as buying things around neighborhood then pay with fiat otherwise, for international payment methods or online I do use bitcoin to push off my payment and clear it up. Banks are criminal and sometimes people needs to go for account auditions to see where and how their money are being taken from their accounts, because there are incessantly and insignificant charges that has been carried out from people's account without their approval or knowledge.