[wiremonger]

We regularly wire our overseas suppliers > $100k. Costs $40 per transaction. Zero paperwork. Takes several hours for them to receive.

[kevinak]

With Bitcoin: Costs $0.4 per transaction. Zero paperwork. Takes several minutes.

[wiremonger]

For our purposes (and most businesses), those are marginal improvements. And there's absolutely no way the very significant risks involved with handling cryptocurrency are worth it to us.

[polygamous_bat]

And you lose the right to effect any chargebacks if any errors happen anywhere in the process, including mistyping the receiver address. I would happily pay 0.04% for such a powerful insurance.

[kevinak]

Are you sure you can charge back that bank transfer? In theory sure, but in practice?