247 sats \ 4 replies \ @freetx 19 Mar \ on: Bitcoin is Slow bitcoin
these people don't understand fiat. They don't understand final settlement. Its just magic.
Precisely. A pet-peeve of mine has always been the "visa analogy" (against mainchain). Visa does process millions of TPS, however they only batch settle a few times a day. If you are coffee shop, you might not see the money for 48 hrs after a sale.
Visa is more analogous to LN.
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192 sats \ 1 reply \ @SimpleStacker 19 Mar
Easy way to shut them up; ask how long it takes an ACH transaction to clear.
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0 sats \ 0 replies \ @kepford OP 19 Mar
Yup
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10 sats \ 0 replies \ @Bell_curve 19 Mar
Another pet peeve is people who only like lightning. Don’t get me wrong, lightning is great. But to hate the blockchain and say the future of bitcoin is determined by lightning is infuriating
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10 sats \ 0 replies \ @kepford OP 19 Mar
Yep, I feel ya. There's a lot of ignorance. Bitcoin exposes ignorance of the fiat system better than anything I've ever seen. It makes sense. Most people struggle to look at a system in a void and evaluate it. Having some frame of reference like bitcoin helps a lot.
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