RE: Coinbase is crazy

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Coinbase is crazy

in bitcoin •  4 years ago 

Ya, but my account was debited right away, I thought this "blockchain" tech has going to revolutionize transactions. This is crazy, I could use the mailing system to be faster.

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Ya it is the dumb hold on the the money

Agreed, the legacy banking system is brontasaurus slow. But again, it's not bitcoin or blockchain that's slow. It's the archaic ancient slow AF ACH and SWIFT banking system from the 1970s.

After the 8 days, when you transfer it off Coinbase to Bittrex or wherever it goes, it'll be lightning quick.