Quote from: DiMarxist on December 02, 2024, 03:33:43 PM

~snip~
Op if I were you I would have changed the subject to another one because bitcoin is not a new coin and it will not be new forever. As it is said cryptocurrency has been exiting but they had not be able to break through the imaginary line but bitcoin did and as it is bitcoin has come to stay and nobody can reverse it.
And the reason why bitcoin supersedes other Cryptocurrencies in the crypto market is because bitcoin first came into the market and gather population and the best aspect of it all is it is a store of value so everyone like to invest in it. And the transaction fee is very low for people to send and receive. But others are not like that.

I think that a concept that might be new with Bitcoin is that the ~10 minutes block time is basically for dealing with large amounts of value.

It's not supposed to be for small amounts that require instant clearance.

I mean, even visa and mastercard do the same. They take days to clear their transactions, while showing you an instant coffee transaction.

Check on your bank statement, it will say something like Pending for a couple of days. Bitcoin is way faster than that, say an hour on average.