This is just deliberately "well-technically" misinformation. Here, let me buy a steam game:
Store Page.
Yes, buy for myself.
Yes, accept.
Yes, PayPal Oneclick, accept.
Yes, thanks.
Conformation via email on phone, game starts downloading.
Not even 20 seconds. Yeah, maybe the mills of the old COBOL databases of my local bank who is probably already calling it a day this time on a friday might grind a few days before there is an 'actual' transaction or whatever. Point is, me representing the average day-to-day money user, this system, backed by reciproc trust is completely sufficient for the VAST majority of transaction the VAST majority of people will ever do. I'm not saying cryptocurrency is useless. Au contraire, I think it has great potential.
But claiming that it's easier, safer, faster, cheaper or less likely to fuck you over at this very point in time for the Otto-Normal customer is just plain wrong.
Store Page.
Yes, buy for myself.
Yes, accept.
Yes, PayPal Oneclick, accept.
Yes, thanks.
Conformation via email on phone, game starts downloading.
Not even 20 seconds. Yeah, maybe the mills of the old COBOL databases of my local bank who is probably already calling it a day this time on a friday might grind a few days before there is an 'actual' transaction or whatever. Point is, me representing the average day-to-day money user, this system, backed by reciproc trust is completely sufficient for the VAST majority of transaction the VAST majority of people will ever do. I'm not saying cryptocurrency is useless. Au contraire, I think it has great potential.
But claiming that it's easier, safer, faster, cheaper or less likely to fuck you over at this very point in time for the Otto-Normal customer is just plain wrong.