Have you tried doing an ACH to a friend or paid rent that way recently? Banks force you to Zelle (there are daily/weekly limits) they’re not enough to cover modern rents so you breakup payments. Meanwhile any stable coin transfer can be done in minutes and works better than any payment rail ever.
Edit: I got my landlord to open a Coinbase account because stablecoin payments are way easier (also got a signup bonus for referring a new account)
Yes and no. I can eTransfer in Canada... to a limit of $2,000 CAD daily. Rent is $2,100, so parent's point stands.
I could upgrade my cellphone and use Google Play Services, allowing up to $10,000 CAD daily, but I have no intention of doing so. I think it's messed up to tie my financial and digital sovereignty to a foreign corporation, I don't appreciate the hit to battery life, privacy, and the pre-requisite bump in hardware to run GApps, and I simply don't want to end up on the spending treadmill for new cellphones.
Canada "solved" this, but the limits haven't kept up with inflation or life in general
They kind of are, I'll immediately cop to that. I don't think it's that odd to say the constant upgrade treadmill is expensive though. I also don't appreciate gating features of our society behind smartphone ownership.
My specific concerns are odd. Not appreciating smartphone requirements for life feels more mainstream (if only marginally)
Europe just nixed the general €100K limit on SEPA instant transfers. Before that, you had to split it up or wait 1-2 days for the regular transfer to go through.
Edit: I got my landlord to open a Coinbase account because stablecoin payments are way easier (also got a signup bonus for referring a new account)