My Bank App is Better Than Bitcoin for Payments (And That’s Fine)18

The cryptocurrencies are faster and cheaper narrative has fizzled out as banks have embraced digital payments in recent years, improving customer experience and usability. Sure, buying a beer with a QR-code may give you a warm and fuzzy feeling, but it isn’t the problem Bitcoin solves. It is much more than that.

An all-too-common narrative a few years back was that Bitcoin (and other cryptocurrencies) would outcompete the likes of Visa and Mastercard with speed and cheaper transactions.

Original source
https://bitcoinist.com/my-bank-app-is-better-than-bitcoin-for-payments-and-thats-fine/

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