teldon on Nostr: Also, I think there is too much emphasis on the "number of transactions per second" ...

Also, I think there is too much emphasis on the "number of transactions per second" #bitcoin can do. Every form of payment has a period of time in a transaction in which a party is missing funds until said transaction settles. The reason credit cards seem to be able to handle a high number of transactions per second is because a third party aka the credit card company, is the one missing funds in the transaction and not either of the transacting parties. If we are putting enough trust in other forms of payments that these vacuums of funds can exist, why can't we put that same level of trust into Bitcoin and transact without confirmation? Well, at least when it comes to transacting for goods and services.