Exactly. So where is it? I've been using the internet since 1997. Banks had the chance to make it. I read here all the time "a single database would be a better solution". So where is the single database? Where is the instant money transfer? Where is the free money transfer over country borders?

My wife lived in US for a while, she is now in EU. She still has some bank account there with a few thousand dollars on it. She can't transfer it to EU (some limitation of that account), she can only get cheques, or ask for some credit card. I told her to see how to purchase crypto with that card, and then transfer the money like that. It's fucking 2021, are you serious?????

So yeah, if you expect banks to come up with a system that can compete with current gen crypto, good luck to you.

> Where is the free money transfer over country borders?

I use a major US bank. They offer $0 wire transfers to EU accounts. Wire goes out same-day.

Would much rather do that than transfer to a crypto exchange, convert to crypto (with fee), send crypto (with fee), exchange crypto on the other end (with fee), and the transfer to other bank.

Alright, can you send some 0 fee, instant money to Cuba, Nepal, Burundi, Bolivia?

> Wire goes out same-day.

That it goes "out" the same day is pretty obvious. That it arrives 1 second later a bit less.