Crypto vs fiat

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In a age when communications take milliseconds, and anything more than a few minutes before someone gets a reply is considered bad, why do we still tollerate the banking cartel?

I takes 3 days, and that is business ones, to clear a cheque.
Sure the bank has to check funds are available in payers account, but 3 days?
Aren't banks using computers yet?

https://cryptodaily.co.uk/2018/12/how-investing-is-changing-with-blockchain

Crypto vs fiat | Ecency