Cemilbasaran.eth//.bnb retweetledi
Traditional payment apps like Zelle will die soon.
Banks will be forced to replace them with stablecoin transfers, or they'll die too.
Yesterday I wanted to pay a friend $3,500 for something.
Because I don't have an established history with him, I'm limited to $500 maximum payments per day. I called my bank - and waited 10 minutes for a representative to answer. When they finally did, they asked for my information to verify my identity.
After several minutes of doing that and explaining my request, I was then told they were unable to help and needed to transfer me to another department.
Waited another few minutes.
New representative answers. Spend another couple of minutes explaining my request to up my Zelle limits. They spent several more minutes looking into it.
After all of that, the second representative told me there was nothing they could do - and that hopefully with enough payments to that individual the limit should eventually go higher.
The issue is by the time I establish that history - I'll no longer need to send them any more payments. What should take me a few seconds is going to take me about a week.
Bullish on crypto. Bearish on banks.
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