[powera]

"Cryptocurrency is slower than card networks." - not really, on a per-transaction basis. If you buy something at a store with a credit card, it takes weeks to get the money. With Bitcoin, you can spend the money in an hour. For small transactions, there's generally no need to wait past the point that the transaction is broadcast; and for online transactions it's not inconvenient to wait an hour before providing the product.

(of course, overall throughput is still atrocious)

[icehawk219]

Waiting that long before the merchant gets their money is a feature, not a bug. It forces the merchant to float a balance that can be used to issue refunds and charge backs back to the consumer without the bank, card network, or consumer taking the hit.