Okay sure, but the point is that the solution is that is "Expand SEPA / faster p... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		eterm on Jan 15, 2022 \| parent \| context \| favorite \| on: It’s not still the early days of blockchain Okay sure, but the point is that the solution is that is "Expand SEPA / faster payments system" not, "We need new technology". It's a political problem not a technological one.

neiman on Jan 15, 2022 [–]

It's a technological problem. The SEPA system relies on MANY providers giving a many services. Replaces it with a technology that doesn't rely on any providers but instead allowing direct transfer of money from one person to another, and by almost by definition it'll be faster.

Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact