It seems that a lot of members do not even know the difference between a confirmation and a transaction. As soon as the network receives the transaction, i.e. the other end holds an unconfirmed amount, your TX has arrived. This process is near-instant for Bitcoin. Besides, if you include the adequate fee then your TX will confirm (on average) in 10 minutes.
Faster compared to what?
money transfers within the same bank => Yes
money transfers between two banks in the same country => yes
international money transfers => yes
FTFY. Money transfer within the same bank? Unless you are talking about changing a few numbers within their database, then this process takes time. As an example, look at Visa purchases. They take quite a lot of time to clear, even though it seems that they are instant to the user (e.g. while purchasing at a counter).
i dont think that the bitcoin is really fast paying method there are allot of other paying methods and they all go really fast i think it only are going slow if your internet connection is bad other things does nothing.
Your thinking is completely wrong.
I've never had a transaction take more than 3 seconds to transmit and be received, so yes reasonable transactions are still very fast.
-snip-
This. To add to this: I've never had a TX take longer than 10-20 minutes to confirm (excluding unusual block timing).