NeoRedPill21 on Nostr: The legacy banking world can’t die fast enough for me. I hate waiting for transfers ...
The legacy banking world can’t die fast enough for me. I hate waiting for transfers from my bank account to another. For example, the transfer of $ to my Fold card from AppleCash traditionally has taken 2 business days max, with the majority completing in the same day assuming I initiated it early in the day. I’m currently in an email thread with Fold support asking for help tracking down a missing transfer that was initiated early Friday morning. So far the response has been : “It can take 5 days. We can investigate if it has been more than 5 days”
CashApp sets a high standard that other companies should try to match. I could have zero $ in my CashApp account and tap “Buy $50 Bitcoin”. The buys happens instantly and CashApp collects the $ via my linked bank debit card in a couple days. Fold could do the same for deposits.
Rant over.
Thanks for coming to my Ted Talk
Published at
2023-03-21 15:37:09Event JSON
{
"id": "d3dbcb798920f69891894b30ec63132814fa5126e9697f44f52d2fe6601c76d2",
"pubkey": "4c73c8f90b01de7590188ec4e92de997e0814a5257a01f8573900474be405f5d",
"created_at": 1679413029,
"kind": 1,
"tags": [],
"content": "The legacy banking world can’t die fast enough for me. I hate waiting for transfers from my bank account to another. For example, the transfer of $ to my Fold card from AppleCash traditionally has taken 2 business days max, with the majority completing in the same day assuming I initiated it early in the day. I’m currently in an email thread with Fold support asking for help tracking down a missing transfer that was initiated early Friday morning. So far the response has been : “It can take 5 days. We can investigate if it has been more than 5 days”\n\nCashApp sets a high standard that other companies should try to match. I could have zero $ in my CashApp account and tap “Buy $50 Bitcoin”. The buys happens instantly and CashApp collects the $ via my linked bank debit card in a couple days. Fold could do the same for deposits. \n\nRant over. \nThanks for coming to my Ted Talk",
"sig": "c850727c9ea27d1d6dc2fc2d37713401ba88dbe630b1a99b72800fb18edcd7f6b82935199d14f756f6ce08a652529f57ae6f0a4f960c8839ca6dc46174d774c6"
}