...Hurray, we just reinvented the SWIFT or ACH systems.
SWIFT doesn't work like this at all...
I think what he meant was that it would be like SWIFT in that it would mostly be for large international transfers. A fork like this will have to happen sooner or later.
sooner please. lets do the major changes in these days and the rest on top of bitcoin in other layers. there will be no more changes (hopefully) if we reach a market cap of 100 or 500 billions.