[rglover]

It removes the bank from the equation. The point here being that you keep some of your funds in Bitcoin so that, in the event you have to deal with something like this, you can still find a means to get people paid.

Long-term, if everyone does larger transactions in Bitcoin (e.g., payroll, invoice payments, etc), then problems like this never occur.

[bootlooped]

Then we're not just talking about a settlement layer, right? We're talking about holding crypto instead of cash, and self custody.