teldon on Nostr: Most #bitcoin enthusiasts forget that any traditional transactions outside of cash ...
Most #bitcoin enthusiasts forget that any traditional transactions outside of cash are not as instant as they believe! They take hours and sometimes days to actually settle! When you write a check or use your credit card the entity you are paying isn't getting their money instantly. Why is Bitcoin treated differently? Why is it considered slow when it only takes as little as 10 minutes for payments to be settled?
Published at
2024-05-06 14:11:24Event JSON
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"content": "Most #bitcoin enthusiasts forget that any traditional transactions outside of cash are not as instant as they believe! They take hours and sometimes days to actually settle! When you write a check or use your credit card the entity you are paying isn't getting their money instantly. Why is Bitcoin treated differently? Why is it considered slow when it only takes as little as 10 minutes for payments to be settled?",
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