Birdwatch Note Rating
2023-04-08 14:07:19 UTC - HELPFUL
Rated by Participant: C9CED00FF13D4E0C0F5AEE6DEB5F1F46B988C7B1B120469D4A2C9F8661B7B80F
Participant Details
Original Note:
Obviously refers to fiat currency, not cash. Days long settlement times for many forms of payment are normal and accepted. Note not needed, proposed note is irrelevant and likely made in bad faith https://www.newyorkfed.org/medialibrary/microsites/prc/files/Best_Practices_for_Payments_Clearing_and_Settlement_Activities.pdf. Bitcoin transactions are settled in minutes. https://coinmarketcap.com/alexandria/article/how-long-does-a-bitcoin-transaction-take
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