If you took away everyone's student loan payment and just added it to their taxes, no one would notice, you'd get "free college", and Bernie Sanders would cry tears of gratitude. 🤡
🔥 ¡Nuevo episodio de #LEP2P! Esta vez, con un invitado de lujo: Jeremy, de The Bitcoin Cash Podcast, que nos va a contar acerca de la nueva billetera de #BCH, Selene Wallet.
Added support for new Amazon stores on https://www.bitgree.com: Belgium 🇧🇪, Netherlands 🇳🇱 and Sweden 🇸🇪 (along with SEK currency).
#BitcoinCash #BCH #SpendBCH #EarnBCH
Satoshi in 2009: "There isn't an off-line mode where double-spenders are caught and shamed after the fact, because that would require participants to have identities. To protect privacy, key pairs are used only once."
LTC has RBF! You must wait 2 mins to confirm on LTC which is unacceptable for most tx's. Not needed for 0-conf which is fine for anything CC's are used for like travel.
Credit cards sit as pending for 24 hours and can be reversed after 30 days. BCH is instant unlike Litecoin. Have fun waiting 2 mins in the checkout line!
0-conf is fine for coffee tea and a pizza or rent.
Booking time critical payments for things like air tickets, hotels, etc
is a nerve-wrecking affair with BCH.
LTC works well.
LTC has RBF! You must wait 2 mins to confirm on LTC which is unacceptable for most tx's. Not needed for 0-conf which is fine for anything CC's are used for like travel.
But in that case the service provider may wait for a confirmation to release the service. If it detects the double expense, the airline ticket or hotel reservation would be cancelled.
This solution is so easy and obvious that your example cannot even be considered a “problem.”
0-conf is fine for coffee tea and a pizza or rent.
Booking time critical payments for things like air tickets, hotels, etc
is a nerve-wrecking affair with BCH.
LTC works well.
But in that case the service provider may wait for a confirmation to release the service. If it detects the double expense, the airline ticket or hotel reservation would be cancelled.
I don't think it matters to ordinary users. They will have 0-conf instant transactions with Bitcoin Cash. The block can take hours to be mined but the transaction will not be in risk
This is true. The user experience is not going to be affected by unpredictable inter-block times. We have the ability to offer secure transactions with 0-conf.
This is why LTC is an order of magnitude more usable as ordinary currency than BCH or BTC.
Ordinary users have little tolerance for agonizing transaction confirmation delays.
I don't think it matters to ordinary users. They will have 0-conf instant transactions with Bitcoin Cash. The block can take hours to be mined but the transaction will not be in risk
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