Satoshi Nakamoto on Bitcoin at $0.07, exactly 13 years ago.
sourceDo not rely on those fake sources. It was not about the Bitcoin price.
It was on Scalability and transaction rate thread, and he was talking to bytemaster
Besides, 10 minutes is too long to verify that payment is good. It needs to be as fast as swiping a credit card is today.
See the snack machine thread, I outline how a payment processor could verify payments well enough, actually really well (much lower fraud rate than credit cards), in something like 10 seconds or less.
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.