Bitcoin $BTC fixes this: Dutch CB spent weeks on $15 billion transfer, required military and police support Bitcoin w/ VandelayBTC
Local business media outlet NOS reported that the Central Bank of The Netherlands spend about one full month to transfer the assets from Haarlem to Zeist.
The operation was organized without much fanfare, but military units and police were responsible for the security of this massive transaction. Almost $15 billion in equialent were moved; 200 tons of bars and coins were moved to a new cash storage center. The Bitcoiner recalled that in the largest cryptocurrency, such a transfer would only take 10 minutes to be finalized. Net transactional fees would barely surpass $3. He mocked governments and central banks for spending so many public resources:The Bitcoiner's audience agreed and added that, besides cost-efficiency and speed, transfer via the Bitcoin network would be much safer and more confidential.
As covered by U.Today previously, Bitcoin skeptics repreatedly accused the orange coin of being too inefficient in terms of the environment and electricity consumption.
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