3 ms·
Considering the transaction time and cost, crypto never made sense. As fast as I can tell, it's been pure speculation since its inception.
by cosmotic 10mo ago
Considering the transaction time and cost, crypto never made sense. As fast as I can tell, it's been pure speculation since its inception.
- deleted 10mo ago[deleted]
- Jamustico 10mo agoWhat? Most of networks nowadays are faster or as fast and cheaper than normal credit card and banking systems.
- wmf 10mo agoIt's pretty obvious when people are using cached information from ten years ago.
- nrhrjrjrjtntbt 10mo agoNot really. Credit cards are immediate. Bank transfers can be quick but also can be slow so fair point there. I dont experience much friction paying for things though so I dont feel I need crypto for that.
- lawn 10mo agoCredit card payments may seem immediate for you, the customer. But for the business owner it's not always so since the customer than issue a recall and many people abuse this to great cost for the businesses. See "chargeback fraud".
- nrhrjrjrjtntbt 10mo agoYes. By design because it is credit and under jurisdiction of consumer law.