3 ms·
Credit cards are not permissionless and the settlement is delayed by days.
by literallycancer 6y ago
Credit cards are not permissionless and the settlement is delayed by days.
- nly 6y agoInstant settlement doesn't necessarily provide 'value'. I can arrive at a store entrance, and in 30 seconds be leaving with a new macbook, paid for on my VISA card. I can then pay it off 56 days later without paying any charges or interest. If i couldn't do this the store would almost certainly make fewer sales.