I just received a bank transfer that was faster than a Lightning payment – AMA
Discussion
Do they now use API calls instead of daily ftp uploads?
By bank transfer do you mean ecash mint to mint transfer?
Define bank
Argentinean currency is a disaster but bank transfers are instant 😂.. sometimes as fast as LN :)
Bitcoin dead?
Even if the bank transfer itself might be faster - typing in (or copying) the receipent's IBAN surely takes more time than just scanning a QR-Code or using a custom LN-address.
Even opening the App takes more time on TradFi banks vs. LN wallets. LN wallet = Just open and scan fingerprint / enter pin; Bank = Open and enter PIN, go to identify banking app, enter PIN, click allow access, go back to normal banking app, transfer money, go to identify app again and approve transaction...
It's just a fcking mess!
someone hacked calles account
Sorry I forgot to answer the questions because I WAS BUSY CELEBRATING LIFE xD