Post
Topic
Board Beginners & Help
Re: Confirmation Time
by
inBitweTrust
on 01/03/2015, 21:11:51 UTC
I don't assume that. I just point to the fact that bitcoiners compare Bitcoin to low-end bank tech trying to look cool.

It is a fair comparison for most bitcoiners as many are from the US and low end tech is normal there. Either way, the central point remains the same for debit cards and credit cards as chargebacks do occur with either and therefore the funds aren't technically confirmed for months. When you are able to spend the cash you are just given a conditional loan from your bank with the understanding it can be reversed.