„There is currently no way, using national money, to move a billion dollars from one person to another instantly.“
„The only way to do what they did would be the use of a technology invented in 2009 but is still in extremely limited use, for now: cryptocurrency like Bitcoin operating on a distributed ledger.“
„PayPal is a mixed bag. If you have a balance or have it directly linked to your bank account, there are no fees, though there is a transaction limit of $10,000. If you are using a credit or debit card, the fees can be 3%. And the clearing time can be 3-4 business days, though if you have a balance in your account, the transfer is instant. This doesn’t really mean anything, though, because it takes 3-4 days to make the PayPal balance achieve liquidity outside of PayPal. If you are using it internationally, the fees go through the roof, regardless.“