When price action is poor I often find myself doubting the real world value of BTC and cryptocurrencies
Then I remind myself of the real issues I personally see almost daily with the current system:
- When I spend money from my current account it can take days to show the correct balance on my account due to ‘pending payments’. It makes no sense in a digital age
- When I get paid for my work in the UK from a US employer it takes 2-3 days to receive the money and costs my employer ~3% to make the payment. It takes less than second for an HTTP request to get across the Atlantic, again this is madness
I’m not saying crypto has all the answers in its current form but the fact remains, the above is broken and needs fixing.
I’m unwilling to accept that this is “just the way it is”
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