Millions of dollars worth of crypto can be transferred instantly and without justification... and I think that's truly amazing

If we look at some of the largest transaction happening in crypto, we can often see transactions in the 10s of millions of dollars being made, send from one wallet to another.

What I find truly amazing about crypto is actually being able to do something like this. In the classical banking system, to transfer 10s of million of dollars would be a lengthy process, where you need to justify the transaction, prove that the money is clean, and probably report the transaction to the government. And even then, the bank still has the ability to stop the transaction altogether.

Meanwhile in crypto, you can send crypto, and no matter how high the value is, the transaction will not be stopped. You can send billions of dollars, to whoever you want, whenever you want, almost instantly with no need to justify the transaction or prove the origin of your funds.

I think that this is very powerful, and will continue to drive crypto forward and lead to more adoption

​

As always, good luck and happy trading