it lives up to exactly what it stated - 10 mins per batch of...

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    it lives up to exactly what it stated - 10 mins per batch of transactions written to the blockchain. l2 solutions are only to expediate the time element or lessen the cost element or a scam. neither of these are a problem for those that do not care how long it takes to process the transaction. i agree, btc cannot scale to meet visa like transaction vol per unit of time. look at el salvador, people are still using fiat paper for daily transactions in the main. the btc they hold is too volatile for pricing daily needed items but people at least have a choice. at this point in time, most that have held btc against fiat can see they will gain on the swap back into fiat. time will tell if that remains the case. into the future more countries will accept btc as a unit of payment - this will ensure govs can increase their btc holdings.
    what remains to be seen is the effect of the next asset price crash on various crypto. with hnw individuals holding btc via co's, etf's etc, will be interesting to see when some of them have to sell positions. next few years will be interesting.
 
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