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NeoRedPill21 / Bitcoin Only
npub1f3e…tdz6
2023-03-21 15:37:09

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
Author Public Key
npub1f3eu37gtq808tyqc3mzwjt0fjlsgzjjj27splptnjqz8f0jqtaws5etdz6