I just deposited a personal check from my dad for $3,500. He has over a million dollars sitting in his account, but my bank still slapped a 9-day hold on it.
They told me they “need to make sure the other account has the money” before I can touch a single dollar.
Nine. Days. In 2025.
Meanwhile, if my dad had sent me Bitcoin, it would’ve been final in about an hour, irreversible, and sitting in my wallet with no middleman making me wait.
This is why people say Bitcoin will run everything in the future. The legacy banking system is painfully outdated, and it’s wild that we’re still forced to deal with this kind of nonsense.
Anyone else have similar stories where Bitcoin just made the old system look like a dinosaur?
EDIT:: TIL only the USA still uses checks…
Also everyone has been saying “use Zelle” or “should have used cash app” “Venmo is fast” but I’m banned from all of those ????
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