Re:Bitcoin falls from $266
by nhaehnle on Wednesday April 10, 2013 @05:22PM
(#5528284)
> If real markets could get 1 hour behind in transaction processing because of a spike in volume it would be the end of capitalism as we know it.
That's (probably unintentionally) sad commentary on the state of our world today. After all, this trading is just finance. Truly forging the materials or implementing the algorithms that improve our standards of living happens in on a completely timescale, where a one hour delay of some financing operation (such as getting a loan approved) makes no difference at all.
That's (probably unintentionally) sad commentary on the state of our world today. After all, this trading is just finance. Truly forging the materials or implementing the algorithms that improve our standards of living happens in on a completely timescale, where a one hour delay of some financing operation (such as getting a loan approved) makes no difference at all.