Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ibian
on 03/03/2016, 18:44:31 UTC
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No. Instant means instant. I pay my VPN in bitcoin and I don't have to wait an hour, or a minute, or more than two seconds for the purchase to punch through.
That's because it costs nothing for your VPN to trust you. That's what 0-confirm transactions are, trust.
Like an honor snack bars -- you take some cake & a cup of coffee, you drop some money in a can.  Or don't & cover it later. Hurrah, new trustless currency, the IOU!
Usually works, too, but not what BTC is trying to be.
We wanna pretend this is like grownup money; verifiable.

>With the standard 0.0001 fee.
There is no "standard" fee. There is a suggested per-KB fee, which today's wallets claim to guesstimate for you. My guess is you're making shit up on the fly.
Okay so you have decided that anything I say that goes against your world view is a lie. Good to know.