Despite all the obvious benefits of mollywopping the middlemen with P2P money, the thing people can't seem to handle is the 10 block lock (~20 min delay). I like to tell people it takes a minute to launder Monero so it comes out scrubbed. How do you explain the 10 block lock as a benefit not a bug?

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[–] jet@hackertalks.com 9 points 3 days ago* (last edited 3 days ago) (1 children)

It is NOT a benefit. It's a huge impediment to adaptation as digital cash.

Oh you paid a bill? Now you have to wait 20 minutes to pay the next bill....

Going to the market to buy multiple things? Better have a coffee between each store. Forget something and need to add one more item? Sucks to be you

The trade-off is reasonable, but it is not a strict benefit,

[–] darkfigod@monero.town 1 points 3 days ago

Personally consider it a small price to pay for direct payment no middle men