It's an apples to oranges comparison, and that view ignores the perspective of the user.

To the user, settlement happens in seconds.

To the merchant, settlement happens in a few days when the credit card network (Visa, MC, etc) takes funds from the card issuing bank and credits it to the acquiring bank used by the merchant.

Settlement could be considered final later later, when the consumer may no longer dispute a charge, but that's not the same as settlement. If someone stoke your bitcoin private keys, and robbed you, you have no protection. If the same was true for credit cards they would be completely nonviable, because their security sucks, but you would have a recourse.

So yeah, apples to oranges and not an intellectually honest way to view the options. Views like this don't help. We need can't force the block size to be huge, but we can find the right balance so it's still possible to run a node as a non-industrial user, or we need to solve the problems another way like lightning networks.

And credit cards still have another huge advantage beyond their instant transactions and consumer protections. Incredibly superior marketing like cash-back schemes.

Why aren't we (coinbase and bitpay could certainly provide momentum, but shouldn't run it, it should be the community) approaching merchants to form a bitcoin merchant payment network that will support ideas like cash back on credit cards? Create a bitcoin discount merchant network. 2% discount on the merchant's prices 100% of the time if you pay with bitcoin. Make it easy to sign up. We also have a complete fail in the area of exchange rates as well as wallet technology and user experience. HD wallets will never be a mainstream tool. They sort of solve the privacy concern popular in the bitcoin community, but how do they create a publicly private transaction that can still be viewed by both counterparties without software?

Stealth wallets are a much better approach. The name was an incredibly FOOLISH choice.