My bank/brokerage doesn't take crypto. So Zelle is the next best thing given how slow and expensive wiretransfer/ACH is.
(Wasn't wire transfer supposed to be 'fast', it generally seems slower then ACH?). And yes, I do use crypto to send 'cash' to friends.
I do agree wholeheartedly with your statement crypto isn't ready 'for the masses' yet. For one thing, no coin can handle anywhere near the transactions Visa can. But I don't see that as a reason to vilify it, shut it down, or pretend that only criminals use it.
In HN vernacular, I see crypto's as 'startups' - some will pan out, the vast majority won't. Hopefully, each generation of coin will improve on the ones before it.
as for "just not for me" - I'm only putting beer money in. I think most of us that have been in it for a while are in that position. Certainly none of us are out mortgaging our houses. Being skeptical of the hype is a good thing. Maybe in a few years/generations crypto will be in a place that's more useful to you :-)
My bank/brokerage doesn't take crypto. So Zelle is the next best thing given how slow and expensive wiretransfer/ACH is. (Wasn't wire transfer supposed to be 'fast', it generally seems slower then ACH?). And yes, I do use crypto to send 'cash' to friends.
I do agree wholeheartedly with your statement crypto isn't ready 'for the masses' yet. For one thing, no coin can handle anywhere near the transactions Visa can. But I don't see that as a reason to vilify it, shut it down, or pretend that only criminals use it.
In HN vernacular, I see crypto's as 'startups' - some will pan out, the vast majority won't. Hopefully, each generation of coin will improve on the ones before it.
as for "just not for me" - I'm only putting beer money in. I think most of us that have been in it for a while are in that position. Certainly none of us are out mortgaging our houses. Being skeptical of the hype is a good thing. Maybe in a few years/generations crypto will be in a place that's more useful to you :-)
edit: formating s/any/and/