[status200]

Having sent $100k via traditional banks as well as crypto, I can add my anecdote that the latter was far easier. Some would argue that it shouldn't be that easy, and I agree to some extent.

Setting up our tax system to be transparent and auditable by any citizen would be the greatest benefit to a distributed ledger, but something tells me that the current institutions would heavily resist that transition, so you are correct that it has little current value.

[base]

With online payments I had a different experience. Tried to pay in a store that had coinbase payments with a binance account. So many issues:

- The QR code to pay didn't work with the binance app

- Had to find a way to copy the hash tag of the account from desktop to mobile to pay (luckily if you have a macbook pro and iphone this is easy)

- Initially chose the incorrect network for payments on binance so the transfer didn't go through. Had to read online which network to select.

With a card payment is normally just putting the cards details and in a few cases do an additional authentication.