[criddell]

Satoshi Nakamoto did say this:

> The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost.

He clearly expected Bitcoin to cheaper and faster than credit cards and I've often wondered how he could have been so wrong about that.

[magnamerc]

That's likely because he expected the block size to increase in addition to second layer scaling solutions.