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This is laughable. I transferred btc today in about 30 mins.

For what fee?

For a fee that’s barely a rounding error for a ‘multimillion dollar payment’

Don’t be so specific

I tried to transfer $20 out of coinbase and it was going to cost $32 to do so.

Seems like if you're not doing multimillion dollar payments it's not worth it. Then again, even if you are it's not worth it.

And 30 minutes is acceptable...?

Yes? Confirmations in bitcoin were never instant...

Don't ACH and wire transfers take at least a day? And as a disclaimer I'm not for or against either coin.

In the EU, since November 2017, wire transfers take 15 seconds (Disclaimer: some banks are still rolling it out).

Welcome to the world of the Single European Payments Area Instant Credit Transfer Scheme.

Ah. I didn't know this. Even in different currencies?

Until 2018, SEPA transactions only clear in EUR, I think from 2018 on there will also be support for other EU currencies.

Very nice.

I spent a lot of money and time before diacovering Transferwise.

Fedwire is AT MOST a day...usually immediate.