New Year's Day fell on a Friday in 2016 creating a worldwide 3 day banking holiday adding 3 days to every financial transaction. If you wanted to execute a banking transaction during this time that you would otherwise be lucky enough to complete in 4 days then your total transaction time would be, you guessed it, a week. Doesn't it seem mind boggling that we can send an information message to anyone anywhere in the world 24 hours a day instantaneously with no cost? When we send money using the traditional banking system we could go on vacation for a week and come back home before the transaction is complete.

Are you beginning to see the silliness of our centuries old banking model. I saw it right away as soon as I discovered bitcoin and found the soul searching reason I had been looking for all these years as to why I had such a disdain for banks. (Hey banker friends don't take it personally, even David Andolfatto, Vice-President of the St. Louis Federal Reserve Bank said,...