3 ms·
Compare how liquid it is to real-estate. I'd say it is pretty liquid.
by hndamien 8y ago
Compare how liquid it is to real-estate. I'd say it is pretty liquid.
- mercutio2 8y agoWait, who considers real estate money? If the answer is no one, then this doesn’t seem like an interesting point of comparison for liquidity.
- hndamien 8y agoLiquidity comes in degree as does money stock. Sure, it isn't narrow money, but still relevant to your point which you so carefully misrepresent. Median confirmation time has never exceeded 29 minutes, and is around 15 minutes. Transactions are actually faster, but unconfirmed. But, go ahead, cherry pick for your point.