teldon on Nostr: I think most #bitcoin people forget that most traditional forms of payment outside ...
I think most #bitcoin people forget that most traditional forms of payment outside cash have massive lag times between when a transaction is "authorized" and the money actually being payed out by the relevant institution. Hours and sometimes even days. Bitcoin on the other hand is lightning fast in comparison at as little as 10 minutes between a transaction being sent to the mempool (authorized) and that transaction being in a mined block (payed out).
Published at
2024-08-28 16:44:15Event JSON
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"content": "I think most #bitcoin people forget that most traditional forms of payment outside cash have massive lag times between when a transaction is \"authorized\" and the money actually being payed out by the relevant institution. Hours and sometimes even days. Bitcoin on the other hand is lightning fast in comparison at as little as 10 minutes between a transaction being sent to the mempool (authorized) and that transaction being in a mined block (payed out).",
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