Matthew GreenFeb 14, 2023

I understand that people don’t like cryptocurrency. I understand why people want financial services to be safe and regulated. I really, really do.

What I don’t understand is why people think the existing financial services industry is perfect and should be sheltered from all technical innovation.

Show threadMatthew GreenFeb 15, 2023
In related news: the US ACH settlement system can’t process “same day payments” on weekends. It’s 2023. Why is everybody totally ok with this?
Show threadThe Richie Rich
@matthew_d_green I am in no way an expert in this field, so I’ll ask: isn't the ACH system what's used for Zelle, which is owned by a conglomerate of Banks? It makes sense that if they can do immediate payments using this platform that ACH should work in the same way, no?
Feb 15, 2023 at 3:55amWeb