Yes same, you bump, you put iPhones on to op each other, you enable "findable by other". And still you may be messing around for minutes. Then a larger transfer starts... But fails half way for 6 times.
It's the best way (if it works!) to transfer full quality live images quickly, but otherwise I'd be happier just using Signal.
It's within range because it works, but requires some twisting and arm waving to get it to work from one room to the next, no Faraday shields in the home.
Then again, I transferred 4 iPhone photos to the imac 2 feet away and it failed. Worked on the next try. It's flakey as hell, and this is a 3rd generation iPhone SE and M2 mac mini. Not exactly old. I really hate bluetooth.
I got an old Time Capsule at the thrift store, that checked out but I haven't made use of it. It might be time. FWIW, I got PhotoSync app (not free) long ago so as to share photos with "everything" and it runs in the background on the mac, but I stupidly hold to the notion that whatever comes with the operating system otta work.
It's the best way (if it works!) to transfer full quality live images quickly, but otherwise I'd be happier just using Signal.