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bidandanswer | 2 years ago

In my experience, that's not true.

I've accepted hundreds of thousands of USDC in revenue in other ventures.

I've also wired and accepted wires for similar amounts. Each time I get a call from the bank and it takes a half a day at the very least. Sometimes it takes weeks to unfreeze my money in various payment processors.

On chain, it's faster. It's cheaper.

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vertis|2 years ago

Would love to see some stats on the number of companies that are prepared to use USDC vs bank transfers. I'm going to suspect it's low until proven otherwise.

bidandanswer|2 years ago

And the number of companies that made use of computers was low when they first came out, despite the fact that the fledgling technology was genuinely valuable to them.

What's your point?