'Fed Up with Banks? Welcome to the Crypto Club.' by e_obukhova cryptocurrency cryptoadoption
Remote work, digital nomads, decentralized teams, zoom calls, cross-border business, it's all now part of our work life. How come international payments are still taking days when they should take seconds? **One of our clients, I will omit their name for the sake of confidentiality and call them Finty, was receiving a payment from their client. Finty runs a small agency and is fully dependent on such incoming payments to pay their employees.
Such delay in payments caused by Finty's bank wouldn't probably cause much trouble to a large company or corporation with a lot of liquidity on their accounts. However, it did cause Finty lots of inconvenience, extra commission, and additional inconvenience to their client that can also affect this business relationship.illegal activitiesAll those individuals and organizations that are trying to do illegal activities already know their way around the system.
Countries in Latin America, which I personally like to bring up as an example, have many stories on how banks were freezing accounts, taking away savings, and disabling US dollar accounts. Such centralized systems showed people that
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