Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is not serving its purpose ANYMORE transfer waiting 48hr even paid high
by
NeuroticFish
on 24/02/2021, 13:17:13 UTC
Nope, you're the one mistaking things,  that's the page from sending money via Western Union.  Wink
International transfer (EU>Lesotho), pick-up in minutes, cheaper than what the OP has paid for a lower sum!

OK, I stand corrected. I didn't know you can pay with VISA and then get transferred via WU.

Just as I was saying, from competing with Visa we dropped expectations to competing with MG and WU, then with national bank transfers, then with international bank transfers, and so on and on. While every one of those options is evolving and getting faster we're stuck at looking at the mempool and counting inputs.

It's not dropping expectations, is more like facing the truth.
When LN (or similar) will be available, we will lead the game. Until then we should be aware of the problems such a decentralized database implementation (blockchain) has.
LN is an evolution imho. Not 100% ready for the public audience? Pretty bad. Sooner or later a proper second layer will be available. It has to.