Just used a visa.
Is VISA down everywhere in the US?
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Re: Is VISA down everywhere in the US?
#12Quoted post unavailable.
If you want to pay ~$30 a transaction.
https://jochen-hoenicke.de/queue/#BTC,24h,weight
Where did you get this number? Transactions for as low as 1 satoshi per vbyte have been included for a while, with the average around 10 sats/vbyte. That’s like 3 cents for one transaction.
Re: Is VISA down everywhere in the US?
#13Re: Is VISA down everywhere in the US?
#14Earlier quoted context omitted.
If you want to pay ~$30 a transaction.
https://jochen-hoenicke.de/queue/#BTC,24h,weight Where did you get this number? Transactions for as low as 1 satoshi per vbyte have been included for a while, with the average around 10 sats/vbyte. That’s like 3 cents for one transaction.
3 cents sounds like a good deal. But how do we buy a piece of bread with bitcoin at grocery store?
Re: Is VISA down everywhere in the US?
#15Re: Is VISA down everywhere in the US?
#16Re: Is VISA down everywhere in the US?
#17Earlier quoted context omitted.
Yeah, let's just wait an hour or two for a transaction to finalize and pay a $50 merchant fee per transaction.
have you heard of lightning network?
lightning is a reimplementation of a part of visa, caching for response time and still recording on a blockchain, no?
reminds me of https://en.wikipedia.org/wiki/Greenspun%27s_tenth_rule
Re: Is VISA down everywhere in the US?
#18Quoted post unavailable.
Sure, if you never need to dispute a charge, are fine with the volatility, and have an internet connection wherever you need to pay.
Re: Is VISA down everywhere in the US?
#19Earlier quoted context omitted.
have you heard of lightning network?
Where do you actually use lightning? Does it work for you most of the time?
Well I've actually paid for street food using lightning, and also use it regularly it to send money to my family using Strike. It's instant and practically free.
Re: Is VISA down everywhere in the US?
#20Funny we were just at the supermarket and this was going on. I used my Amex and it went through fine. Lines everywhere, people rushing to the single ATM in the area. What's in your wallet? ;-)