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this was a good read with lots of data i am curious if ppl in crypto see clear holes or errors in this or if the most normal pro-crypto response is just "yeah this is true however it's cool", which is tbc a take i am perfectly fine withhttps://twitter.com/vogon/status/1361056624316571648 …
fantastic article, and the part about how probabilistic transaction settlement is hardcoded into Bitcoin's design is an underrated part of why it's such a shit tool for paymentshttps://twitter.com/drewg__/status/1350093367514959876?s=20 …
Like I used to work in payments tech at GS and never in my entire time there did I hear a corporate treasurer complain about payments being "insufficiently confirmed" They all complain about settlement speed, where bitcoin famously performs very poorly
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