Internet and e-mail policy and practice
including Notes on Internet E-mail
Click the comments link on any
story to see comments or add your own.
Subscribe to this blog
11 May 2013
When I was a small boy and needed clothes, my mother would take me
to the Best's department store, where we'd pick something out, and then
go to pay for it.
The clerk would take the money and the slips, put them in a cylindrical
container, and send them off with a whoosh through a pneumatic tube to
After a delay of what seemed to me to be about a week and a half, our
change and receipt would whoosh back, and we could go.
Buying things with Bitcoin is a lot like that.
It's really, really slow to use, like ten minutes
to several hours per transaction.
While there are workarounds to speed it up, they all break some
of the aspects of Bitcoin that make it different from normal money.
See more ...
Trackback link is https://jl.ly/Money/bcslow.trackback
My other sites
Who is this guy?
Airline ticket info
Canadian regulators use CASL to take down a botnet
178 days ago
A keen grasp of the obvious
A little musical history
3 days ago
Coalition Against Unsolicited Commercial E-mail
Network Abuse Clearinghouse
© 2005-2015 John R. Levine.
CAN SPAM address harvesting notice: the operator of this website will
not give, sell, or otherwise transfer addresses maintained by this
website to any other party for the purposes of initiating, or enabling
others to initiate, electronic mail messages.