We donโt โalready use digital moneyโ.
We use a spaghetti mess of antiquated systems duct-taped together of each other protected by monopolies and regulatory capture.
Bank drafts in Canada provide zero advantage to a personal cheque and are subject to the same hold time (5
business days)
Domestic wires take about 2-3 business days.
There is no way for an individual to transfer large amounts of funds (~$20,000+) without two days settlement.
In twenty twenty fucking fiveโฆโฆ
This is what weโre competing against ๐
