Re:The cryptocurrency sell-off has exposed those swimming naked
by pavlov on Friday May 20, 2022 @05:11AM
(#31445006)
Cash settles immediately. "Sometime in the next 24 hours" is not digital cash.
Not to mention that Bitcoin is so volatile that the transaction's value in real-world currency may be 10% higher or lower within that 24-hour window, and of course you still need to pay someone to convert it into money if you're not planning on being a crypto holder.
Not to mention that Bitcoin is so volatile that the transaction's value in real-world currency may be 10% higher or lower within that 24-hour window, and of course you still need to pay someone to convert it into money if you're not planning on being a crypto holder.