Quote from: Come-from-Beyond on March 01, 2015, 10:40:34 AM

Quote from: shorena on March 01, 2015, 09:39:24 AM

No. Creditcards take 6-12 months for their first confirmation, I dont see anyone complaining about that or any customers camping 6 months because they paid for a coffee with a CC.

Credit cards take 5 sec for their first confirmation.

Well, that's really not a 'confirmation' in the sense of 'becoming irriversible' of 'going from pending to permanent' (as is the case with Bitcoin).

I'd say this pretty much sums it up:

Quote from: Jace on March 01, 2015, 04:15:51 PM

Transaction time (the time it takes to process a payment)
Bitcoin: 1-2 sec
Credit card: 3-5 sec

Money arrival time (the time at which the merchant actually receives the money and can spend it)
Bitcoin: 1-2 sec
Credit card: several business days

Confirmation time (the time at which the merchant can be sure the payment won't be reversed)
Bitcoin: 10 minutes
Credit card: 6+ months

So, what was the problem with Bitcoin, again?