is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
Can transactions be seeded up to save customers time or any other way to use bitcoin at local stores.
Possible.. in BitPay payment gateway you don't need wait the confirmation. As evidence u can try buy 1 games from steam with Bitcoin.
Yeah, bitpay only need the process to start and then they approve your transaction, I think every system should have to work like that as the transactions of bitcoin once made are unable to reverse,so they should not have to remain in wait their customers until the bitcoin technology is made more advanced.
Yeah, the transaction of bitcoin is not reversible so in that case it is not need to wait for the confirmations, the sellers have to sell the product once they find that the payment has been released from the buyer's wallet, with that we will make the process of dealing with bitcoin more faster , then there will be no any issue of confirmation with any purchase.