ST Alpha - "The long transaction times are becoming a problem with a lot of organizations. -- nm" (Reading a Post)

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In response to "Stripe is ending support for bitcoin payments on April 23 -- (link)" by decline

The long transaction times are becoming a problem with a lot of organizations. -- nm

Posted by David (aka David) Jan 23 '18, 11:59

(No message)

Responses:

Is this simply a processing capacity issue, or something more fundamental with the technology? -- nm - znufrii Jan 23, 13:32 2
- Fundamental. The size of the block is the problem. - spamlet Jan 23, 14:02
- iirc, it takes six confirms by the servers/farmers who get a small fee based on the original purchase price, so confirms earning mere fractions - zeitgeist Jan 23, 13:55
[deleted]
Which is funny because one of the touted benefits is quicker transaction times. -- nm - pmb Jan 23, 12:06 1
- It's the reason why other cryptos have increased in value also why Bitcoin split. -- nm - David Jan 23, 12:07
key point "the truth is that BTC has evolved to become an asset rather than a currency" -- nm - decline Jan 23, 12:01 3
- Yeah, he's wrong. It happens. -- nm - David Jan 23, 12:05 2
  - Asset sounds closer than currency right now. Would you take out a loan in bitcoin? -- nm - Roger More Jan 23, 13:36 1
    - Maybe? Inflation is good for borrowers. -- nm - Reagen Jan 23, 13:57

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