[delusional]

How is any of that not possible with regular money and a regular bank?

It's already how MobilePay works in Denmark. You give the website your phone number, and a prompt pops up on your phone screen to approve the transfer, with an amount, in a native (trusted) app.

Crypto doesn't add anything here.

[captn3m0]

As another example, Taler supports this exact requirement, without bringing crypto into the mix.

So does UPI in India. Banking transactions ask for my credentials on the bank website (after a redirect).

None of this needs cryptocoins.

[BlueTemplar]

Sending money worldwide is still often problematic (YMMV).

[oriesdan]

Good for Denmark, it doesn't exist here. Plus, there is no way I will install a proprietary banking app. For this to be acceptable, it needs to be a standard and have multiple implementations. At which point, using cryptocurrencies is the easiest way.

[boomlinde]

> Plus, there is no way I will install a proprietary banking app.

I'm glad that you found a problem for your solution.

[oriesdan]

I'm glad you enjoy our dystopian world.

[martimarkov]

But your point about not trusting an app is the same. At some point you’d need to trust some app.

If your problem is the bank’s app something like PSD2 will solve this by allowing you to connect to the bank directly and having your own app, right?