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A comment on SEC has not approved Bitcoin ETFs [fixed]. Parent comment

Re:SEC has not approved Bitcoin ETFs [fixed] by askonomm on Tuesday January 09, 2024 @06:57PM (#38934141)
Wise (previously Transferwise) can do international transfer within seconds. If you're in Europe then payments between any bank in Europe take seconds (SEPA payments).
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Re:SEC has not approved Bitcoin ETFs [fixed] by mrb on Tuesday January 09, 2024 @08:53PM (#38935146)
Wise wouldn't have worked as my friend was among the 10M American adults who are unbanked. Also I doubt him and I would have been able to do account setup on a Sunday, within 1 hour, which is the time it took us to do the transfer, despite this situation being his first time ever using Bitcoin.
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Re:SEC has not approved Bitcoin ETFs [fixed] by askonomm on Wednesday January 10, 2024 @08:24AM (#38939137)
I opened my Wise account in 20 minutes. The ID verification is all automated so it's really quick. I haven't heard of anyone who is unbanked before though, what would be a reason for that?
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