I am talking about corporate settlement among businesses worth like a few millions dollars or more, as they transfer money to each other. Much of it is even international wire transfer, horribly slow and unreliable. And yet, the money movers (paypal, wise, banks) make a killing out of it, milking the swift system. And then, not to mention the political risk (as Chinese and Russian companies find out).

Is it volatility? Is it lack of liquidity? Is it competition from Tether (which recently blocked a $26 million wallet for no reason)? Or is there any other reason Bitcoin finds this market so hard-to-crack?

I deliver some coding lessons and consulting online, to get paid in Sats (although lightning).

Given my previous experience with some international transfer, any freaking day I would trust the Blockchain to move my funds more reliably than the banks (which always find an excuse to hold the amount, conduct one more round of KYC, ask for one more piece of paper blah blah) before they release my money for my use.

And I have noted multiple posts on LinkedIn even. E.g. a British guy was sending some money to start kind of venture in Namibia. His money was held up by Barclays that he could not unlock even after a month of emailing and yelling on phone. Barclays would hold the money (low six figure, in pound), neither send it, nor release it back to his whole account. I do not know the end result, but this is where he took to LinkedIn to vent his frustration. No, he is no Bitcoiner, was not talking about the solution, he was just blowing steam!

But that, among other things, got me thinking of Bitcoin as the perfect solution to this, yet apparently ignored by every business! Or does it just mean we are still early when some people (not ignorant slum dwellers, but glob trotting corporate jet setters) who could benefit the most are yet to figure this out?

Or are there already signs that Bitcoin is invading this market of money-transfer-business among corporations?