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A comment on Robinhood, in Need of Cash, Raises $1B from Its Investors. Parent comment

Re:Robinhood, in Need of Cash, Raises $1B from Its Investors by cameldrv on Friday January 29, 2021 @10:52PM (#25965861)
A Fed Wire is a settled transaction, and it is settled in seconds. The only reason they're not used more is that they cost about $10. OTOH a Bitcoin transaction has been more than that recently, and it doesn't settle in seconds.
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