rosy makes perfect sense.... let me explain: compare the fees and see which are lower you'll need to debank if you want to spend your money the way you want sanctions can be used to fugg you and control your every move by big gov It's called financial repression. Anything else I can help you with?
not only that. I remember as an intern in the 90s using SWIFT. It was terminal and old back then. I don't think it has changed today; ancient. And institutions or countries can get kicked off it. Also, credit card companies' fees. When I pay cash it's cheaper in some stores. Crypto is easy and let's the good times roll (but still wild west).
Let me show you something thing. If I wanna send money 1000$ from us to uk I have to pay 5:90$ in charges if I am using ach transfer and if swift I will go up and the time is another issue this transaction will take longer then 2 hours also us is about to add a new rule if you wanna send money out of usa you have to pay 5% in tax lol keep this in mind as well. Now take an example of crypto let's see i wanna send 1000$ from us to uk I have 1000usdt in crypto I can send directly through binance to another user account using just a usdt address with no charges no time this arrives in seconds what a technology.
I wrote Imitation aka copying. Copying is the best form of flattery, if you never heard the phrase. So crypto fans should be proud that the banks are copying their invention. Of course it starts compettion, what crypto fans HATE.