Can we still say that bitcoin transactions are faster?
I have send some of my bitcoins to an address and about one hour has been passed but still there is not even a single confirmation.
what do you say about the transaction timing?
I have send some of my bitcoins to an address and about one hour has been passed but still there is not even a single confirmation.
what do you say about the transaction timing?
Faster compared to what?
money transfers within the same bank => probably not
money transfers between two banks in the same country => don't know
international money transfers => yes
You forgot to mention cash transactions. Zero fee. Instant.
Cash cannot compete with Bitcoin as a digital payment method for eCommerce. Try paying someone with cash in another country, and see how long you will wait for the postal service to send that money
To be honest, none of the places I shop online accept BTC either. So sorta moot.
And most of my "transacting" happens in the meatspace, in brick&mortar stores, offline. I'm old.