Why crypto wins

So the other day I was helping a friend learn about bitcoin because he wanted to play online poker.I explained he needed to open a gemini account and link his bank. He was exited. Went through the steps. Then got a notice that the bank account number was wrong. He goes down to the bank and they tell him they don’t put account numbers on outgoing wire transfers. So now he’s out the $100 for 3-5 days while his money sits in banking limbo. Oh and they charged him $30 on top of the $100 so that he has the luxury to have his money frozen for a while. He still can’t get registered with gemini and all he wanted to do was deposit $50 into an online poker site for a little fun.So finally he gives me $100 cash. I give him the bitcoin on his phone standing next to him. Done and done in under 10 seconds. A few minutes later the $100 worth of BTC was worth $102.Frictionless. Easy. Fast. No hassle. No forms to fill out. Etc.Banks and traditional systems are simply archaic by comparison when it comes to simply moving money electronically.I can’t imagine any kids growing up today will look fondly at the slow, inefficient, and intrusive banking system and then compare that to cryptocurrnecies and feel that traditional banking systems are anything but old fashioned dinosaurs like rotary phones and paying for long distance compared to smartphones w/ Skype.Banks simply cost more and do less with greater hassle. via /r/Bitcoin http://bit.ly/2LNpvSm