@italiansatoshi @excellion @btc One other aspect of this metric that a lot of people try to use as a criticism of bitcoin: they compare the confirmation time to credit cards and conclude that the latter is superior because they "handle tens of thousands of transactions per second."
It's not true though. The consumer thinks the transaction settles instantly.
The merchant knows that it actually takes days.
BTC at three confirmations in approx 30 minutes travels at lightspeed by comparison.
Bitcoin Maston Instance