Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B

Potential?

I am trying to buy a property, and I've been moving money around to prepare for a down payment. It's July 4th weekend. I initiated some moves in the afternoon of July 3. But an ACH transaction in the U.S. takes "1-3 business days." First of all, why "1-3" and not "1" or "3" or "2"? Secondly, why business days? I get paged at night and on the weekend if something breaks at work, but the banking laws or customs say that computers only move my money 9-5 during holidays? Computers are taking non-human-holidays?

I don't get it. If bitcoin won't disrupt this, something else should.

I have been trading it weekly/monthly really simply, and it's a few K a month of profit. So I think it's useless at the moment other than as a scheme to gamble. I think there's a bit of a trust issue.

This is a US issue. In the EU you can do an instant bank transfer below a certain amount at any time, for free (after they mandated the fees away recently), and many other countries have systems that allow instant bank transfers. You don’t need a completely different way of dealing with money to get improvements to the current system.

Fair point. I don't know how many years we were behind the rest of the civilized world in terms of having chips on our credit/debit cards. And we still have the magnetic strip.

Well, we also use "feet" and "cups" instead of base 10 measurement system.