I'm not arguing that BTC isn't better than Wells Fargo. I'm arguing that you can't build a "financial network" on it. BTC is a great alternative to Wells Fargo although almost ANY OTHER COIN is a better one.

Can you anchor a financial network on BTC stability? (If it achieves stability). IDK.. Total aside..I imagine this utopian energy-financial system future where we overbuild our renewable grid and instead of storing energy we discharge the (green energy) overproduction into crypto mining operations. There are some dudes already on it, it's a new angle to grid power flow modeling.

On your aside, I'm amazed that smaller energy producers have not already become crypto miners. It would be so easy and incredibly lucrative. They could simply flip a switch any time the sale price of their generated power is less than the price of the coins their mining facilities could produce. They would get an instant profit increase. Almost all the costs associated with mining are fixed.

You are on point there - No one's got to it yet is the best explanation: YC?!? It's happening at the Utility scale with commercial miners, esp. with merchant (uncontracted) energy. Small producers (residential , commercial solar) just need an easy button solution without having to learn the crypto details. I don't know what that threshold kWh price is, but demistify that and one can define target markets across the US in one broad stroke with EIA utility pricing data. The formula in a prepackaged product with an app seems to be the only trick. Then get it in the hands of residential installers and boom. It'd probably sell like (can I say it on HN) liquid crack.

Most banks don't charge their customers to process incoming wire transfers. You're saving $5 when you could be saving $15.

It might be international, I'm not sure but I blame myself for sticking with Wells after their fake account fiasco. I just love that stagecoach logo...