Re:Bitcoin is not a Battery – it is a Sink
by literallycancer on Sunday March 28, 2021 @02:06PM
(#26612613)
Credit cards are not permissionless and the settlement is delayed by days.
[ Parent
| on HN ]
Instant settlement doesn't necessarily provide 'value'.
I can arrive at a store entrance, and in 30 seconds be leaving with a new macbook, paid for on my VISA card. I can then pay it off 56 days later without paying any charges or interest.
If i couldn't do this the store would almost certainly make fewer sales.