Science

I don't intend to ever own bitcoin, but "the government called 1000 australians and asked whether they use a soon-to-be-taxed, questionably-illegal currency, and most people said no" is some pretty poor science. Why is this the top post in the "Science" community of the science-focused Lemmy instance?

... said every nocoiner ever.

I tried to pay something with Bitcoin instead of debit card a couple of years ago. The transaction took ~4 hours to clear and that's with fees totalling about 40% of the amount. Granted the original amount was like $10 but still way too slow and way too expensive. I understand that technically credit cards are not instant too, but there's an intermediary that guarantees that the amount has been reserved until the bank clears your payment. I wasn't expecting Bitcoin to be instant but 4+ hours is excessive.

That's 2-3 years ago so my experience might be outdated.