ZDoxed on Nostr: Part of the issue is terminology. Settle being a banking term that doesn’t really ...
Part of the issue is terminology. Settle being a banking term that doesn’t really translate to bitcoin. Main chain kinda “settles” instantly when apps allow 0 conf, its not the same. Bitcoin finalises when it reaches the blockchain which is something banks never truely achieve. Bank words and banking mindset holds us back.
Published at
2023-09-09 04:48:06Event JSON
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"content": "Part of the issue is terminology. Settle being a banking term that doesn’t really translate to bitcoin. Main chain kinda “settles” instantly when apps allow 0 conf, its not the same. Bitcoin finalises when it reaches the blockchain which is something banks never truely achieve. Bank words and banking mindset holds us back.",
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