RT @excellion
moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. It's all about value transacted per second and a new financial paradigm.

not . Nothing comes close to @btc. 👑

@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.

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