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0 pointspaulpauper6y ago0 comments

how long do you think it takes to turn fiat into bitcoin and bitcoin back into fiat for the recipient? Hint: its longer than clearing a check

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That's not bitcoin's fault, it's the traditional financial system's fault. The transaction can only happen at the rate of the slowest party.

How long does it take in European countries, where the traditional system is (depending on the country) approximately instantaneous?

j / k navigate · click thread line to collapse

That's not bitcoin's fault, it's the traditional financial system's fault. The transaction can only happen at the rate of the slowest party.

How long does it take in European countries, where the traditional system is (depending on the country) approximately instantaneous?

j / k navigate · click thread line to collapse