- I can send someone 1 million USDC for 0.000001 US cent with confirmation in <1 second.
- I can send any twitter user address money by tweeting (eg. Send 100 USDC to @randomuser)
Couple examples that have come up recently for me personally. I can agree that there is something comparable (i.e. international wire) but the cost and speed is in a different ballpark and international wires are not available to some parts of the world.
> I can send someone 1 million USDC for 0.000001 US cent with confirmation in <1 second
This is clearly a very big problem for the majority of the world population!
It's like saying tesla solved the problem of going from 0 to 60 in 3 second in a 2t+ car, it's neato but virtually nobody had that problem, if you're not into illegal activities you will most likely never need or want to transfer 1m usd outside of a safe environment anyways
Couple examples that have come up recently for me personally. I can agree that there is something comparable (i.e. international wire) but the cost and speed is in a different ballpark and international wires are not available to some parts of the world.