Post
Topic
Board Bitcoin Discussion
Re: Daily use of bitcoin?
by
Deep BTC
on 15/04/2017, 08:19:19 UTC
Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

Bitcoin may not make sense for short purchases. But I think it would be more suitable for long term shopping.
For example, we can make payments for a product that we receive as installment with bitcoin. In fact, we can use bitcoin in the payment of products like coffee. When we enter an appropriate fee value, our transactions are confirmed within 10 minutes.
With the bitcoin transaction getting slower I see the idea of using bitcoin on daily basis is kind of hard, because think of it going to buy coffee like you said and you send the shop keeper the bits and then what you sit like for 20 minutes 30 or 40, bitcoin is still not in that kind of state I think and it seems that the best option for us is just to earn bitcoin and then just exchanges it to fiat when the prices are high and buy stuff with it.

It may not be convenient to pay with bitcoin in places like Starbucks. In such places, payment must be made very quickly and payment must be approved.
But it is possible to pay for evening meal with bitcoin. At the same time we can pay to order the food.
When I enter the appropriate fee values, my transactions are approved within 15-20 minutes.