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681 points Anon84 | 2 comments | | HN request time: 0.001s | source
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hvb2 ◴[] No.46189153[source]
> your bank account would just hold USDC or Bitcoin, and you could send a billion dollars to anyone in the world in a few seconds. That belief is powerful and I still ascribe to it.

These statements still surprise me to this day. If you're a good person engineer, why does sending money in seconds need blockchain? There's parts of the world where this is commonplace and free as well.

I don't believe cross border was there in 2010 or so but why not implement that feature in an existing system instead of building out a parallel universe

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1. nrhrjrjrjtntbt ◴[] No.46189177[source]
It is not an engineering problem, it is a geopolitical and legacy banking problem. Yes sending an encrypted message somewhere in the world in under a second is solved.
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2. kikimora ◴[] No.46198741[source]
How about sending money in seconds? Do you realizes capital requirements and cross border implications?