In europe i can send any amount (like up to 100k ) in just a few days since 20 years, to anyone with a bank account in europe, from my computer or phone.

Also, since 2025 every bank allows me to send istant money to any other bank account. For free.

It's not a statement out of ignorance and it's not a lie. Most people don't try to move huge money around so I'll illustrate what I had to go through - I had a huge sum of money I had in an online investing company. I had a very time critical situation I needed the money for, so I cashed out my investments - the company only cashed out via check sent via registered mail (maybe they did transfers for smaller amounts, but for the sum I had it was check only). It took almost two weeks for me to get that check. When I deposited that check with my bank, the bank had a mandatory 5-7 business day wait to clear (once again, smaller checks they deposit immediately and then do the clearing process - BIG checks they don't do that, so I had to wait another week). Once cleared, I had to move the money to another bank, and guess what - I couldn't take that much cash out, daily transfers are capped at like $1500 or whatever they were, so I had to get a check from the bank. The other bank made me wait another 5-7 business day as well, because the check was just too damn big.

4 weeks it took me to move huge money around, and of course I missed the time critical thing I really needed the money for.

I'm just a random person, not a business, no business accounts, etc. The system just isn't designed for small folk to move big money

It depends on the bank and the amount you are trying to move.There are banks that might take a week (five business days) or so though very rare and there are banks that might do it instantly. I once used a bank in the US to move money and they sent a physical check and this was domestic not international.

Edit: I thought he meant a week not weeks. Normally a max of five working days.

Same in NL most (all?) banks here have an app that lets you transfer money near instantly, create payment requests, execute payments for online orders by scanning a code, etc. It's great I think.

Helpfully, because bitcoin gets all the traderbro attention, monero has actually ended up being (relatively) stable because it has more of a purpose.