sigmaafreud on Nostr: We don’t “already use digital money”. We use a spaghetti mess of antiquated ...
We don’t “already use digital money”.
We use a spaghetti mess of antiquated systems duct-taped together of each other protected by monopolies and regulatory capture.
Bank drafts in Canada provide zero advantage to a personal cheque and are subject to the same hold time (5
business days)
Domestic wires take about 2-3 business days.
There is no way for an individual to transfer large amounts of funds (~$20,000+) without two days settlement.
In twenty twenty fucking five……
This is what we’re competing against 😂
Published at
2025-01-22 20:38:01Event JSON
{
"id": "5717424daeae4dd30d9a69b9d4c50ced1b3f738faa78560997a5435b74f76a2f",
"pubkey": "de7623f81c44e52697dd7b9ffa6183b333c3ea9111306213db147a0f0d9b7c4e",
"created_at": 1737578281,
"kind": 1,
"tags": [],
"content": "We don’t “already use digital money”. \n\nWe use a spaghetti mess of antiquated systems duct-taped together of each other protected by monopolies and regulatory capture.\n\nBank drafts in Canada provide zero advantage to a personal cheque and are subject to the same hold time (5\nbusiness days)\n\nDomestic wires take about 2-3 business days.\n\nThere is no way for an individual to transfer large amounts of funds (~$20,000+) without two days settlement. \n\nIn twenty twenty fucking five……\n\nThis is what we’re competing against 😂",
"sig": "c83a81e2051e1cc51016e2cec58d8085e4251f8e7ec6c50e5353bf19f6154f230ffce1d490b4133671ec9afb25b17da8d05358e2d813850d059dafff006a28a4"
}