my problem with swift is, that all European Int. transactions are mirrored to US servers.
I've heard that the problem with SWIFT is that it enforces a Western financial hegemony. But my problem with SWIFT is that it BLOWS CHUNKS!!
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I wouldn't mind it if SWIFT were quick & simple. Where's the convenience we were promised when we gave up our privacy?!
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But somehow it's not so bad that it is being replaced by a competitor :(
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I suspect that it's bad enough but somehow the market for this shit is not so free that it can be replaced by a competitor.
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