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I know, its nice. Until you send it to the wrong place.

Yes, but it may happen in a bank too.

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But with a bank it is insured and usually they can pull it back. Also, if they error usually they own up to it.

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When wire transfers go wrong, they can't always be fixed.

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Usually if the bank makes an error, then they will fix it. If you make the error, then it is up to the bank.

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I recall this being fairly nerve-wracking when we were buying our house. Pretty similar to making a similar sized bitcoin transfer.

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It's called personal responsibility. The price of freedom.

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