Is Bitcoin Slow?
Porkopolis Economics: Episode 103
Show Sponsors: trezor.io
Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/
Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.
Today we continue our comparison between Fedwire and the Bitcoin network. Fedwire is the only dollar-based payment system (at the moment) that is comparable to anything that Bitcoin does, as it is "real-time gross settlement." You either have federal funds, or you don't, when using Fedwire and making payments. This is exactly how Bitcoin works.
Contents
00:58 TTM for Fedwire
02:30 Show Sponsor - Trezor
03:33 Bitcoin TTM
04:07 Gross Transactions Explained
05:03 Transactions Per Second
7:10 Closing Thoughts
Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
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