Hilarious.

How many "Two small deposits" does a man need to endure before he adopts Bitcoin?

I never wait. I broadcast and chill.

Been waiting a month for a wire transfer.

Hey Jeff, Can you explain the difference in how you think about global m2 versus US net liquidity or global net liquidity? I understand the calculation of net liquidity in terms of fed bs less tga less rrp. But this measure has been flat or down for a few months while global m2 is way up.

Right!?! - Yesterday, I sent a business transaction of a substantial BTC amount and it took 15 minutes for a fee of 78 cents on the base layer!

And how much Swift costs?

Yes 🤣 https://m.primal.net/LNql.jpg

The old system is indeed boring and outdated. Adopt #bitcoin for a more peaceful banking life

indeed I have… https://i.nostr.build/tNDpNs7La28T101U.jpg

The worst part about this process is the lack of transparency. At least if a bitcoin transaction gets stuck, I can still see it as a valid transaction in the mempool. I’ve had ach payments delayed for over a week with no idea what was going on.

💯💯💯Let alone foreign transfers via SWIFT, lol….

Omg. The fkn worst! 5 days on some transfers.

I do domestic ACH and international wires all the time for business and it’s a nightmare. If there’s an intermediary bank I literally have to drive to a branch and make an appointment with a banker. It’s insane!

And of course the fees…our banks in Canada don’t even tell us that they take a haircut when you receive…I had to go ask why there was less money than I expected to receive. And that’s in addition to what our customers already pay to initiate the wire

My wife worked for a bank. She said it's ridiculous how long it takes for a check to truly clear. The bank fronts you the money like it cleared but it really takes weeks to a month to actually complete. It's why they can come back later and rip it from your account. On-chain is less stressful.