4 ms·

Why crypto currencies can't replace card networks like Visa/Mastercard?

• Tomte 8y ago
  * only a few transactions per second, worldwide * no consumer safety, cryptocurrency fans don't even understand the most basic requirements for a consumer product
  • cremp 8y ago
    Transactions isn't the issue; you can push a lot per second. The problem is throughput, and wait time. Throughput, is the whole block size problem; and that whole can of worms. Most people don't want to wait an hour plus or minus, for a transaction to be classified as safe. Zero confirmation transactions, the seller takes all the risk.
    • Tomte 8y ago
      "Paying isn't a problem, only receiving payments" Right. Cryptocurrency make-believe.