Comparing my experience yesterday doing an eleven thousand dollar, emergency transfer with bitcoin with my experience doing international wire transfers (done many of these over these years living in south east asia as an American:

#bitcoin

-copy/pasted one address

-paid $2.38 in #fees

-total time from my wallet to father-in-law's bank account was ninety minutes (could have been sixty seconds if my Vietnamese brother-in-law had a lightning address)

-address is saved so I can send from a bookmark if I need to send again

#bank wire transfer

-cannot initiate on evenings, weekends, or holidays (yesterday was President's Day and this is a life or death situation)

-need name of bank

-need a SWIFT/BIC Code (which verifies the correct bank is being sent to, but in my experience some weird holding companies usually shows up so I need to google around to verify)

-Need account number

-need full name of account holder

-need full address of account holder

-there are zero updates even if you call the banks. they can sometimes see that a wire is in process, but beyond that you get no status updates

-bank calls me to verify before beginning the wiring process on new recipients

-from my account to the other account takes from 24 to 96 hours depending on which time of day, what day of the week, and if it’s a holiday

- I have to go through the whole thing again in full except maybe the bank call to verify when it's a repeat transfer.

But Bitcoin still doesn't have a #usecase. Hopefully someone will figure something out besides speculation of this pet rock 🤡