3min chapter

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#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates

Lex Fridman Podcast

CHAPTER

Bitcoin Transactions

Most of the time you're not getting final settlement when you do a transaction. That's one reason merchants like accepting Bitcoin because once you receive an inbound Bitcoin payment and you deliver some good or service, that pays payment can't be reversed. Most online banking transactions, P2P, digital wallet transactions in the dollar system are not really final at all.

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