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I wasted years of my life in crypto

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681 points Anon84 | 2 comments | 07 Dec 25 12:57 UTC | HN request time: 0s | source
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cosmotic ◴[07 Dec 25 13:35 UTC] No.46181569[source]▶
Considering the transaction time and cost, crypto never made sense. As fast as I can tell, it's been pure speculation since its inception.
replies(2): >>46183052 #>>46188523 #
Jamustico ◴[08 Dec 25 04:56 UTC] No.46188523[source]▶
What? Most of networks nowadays are faster or as fast and cheaper than normal credit card and banking systems.
replies(2): >>46188763 #>>46189215 #
nrhrjrjrjtntbt ◴[08 Dec 25 06:52 UTC] No.46189215[source]▶
Not really. Credit cards are immediate.

Bank transfers can be quick but also can be slow so fair point there.

I dont experience much friction paying for things though so I dont feel I need crypto for that.

replies(1): >>46189755 #
1. lawn ◴[08 Dec 25 08:25 UTC] No.46189755[source]▶
Credit card payments may seem immediate for you, the customer. But for the business owner it's not always so since the customer than issue a recall and many people abuse this to great cost for the businesses. See "chargeback fraud".
replies(1): >>46189819 #
2. nrhrjrjrjtntbt ◴[08 Dec 25 08:33 UTC] No.46189819[source]▶
Yes. By design because it is credit and under jurisdiction of consumer law.