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?
Yes,its a big issue in bitcoin nowadays.It should be solved quickly for the progress of bitcoin.Otherwise,big companies would drop their plans of adopting bitcoin payments.
I'm sure there will be a solution for that issue as more and more companies and merchants are accepting bitcoin, even other countries are now starting to accept bitcoin.
Each and every problem have a solution and same goes with bitcoin transactions too and I am sure that core development team will work on it and will bring solution in quick time as if its not done in right time then many users will drop an idea of using bitcoins
Yeah, as the saying goes (well, in fact whole three), every problem has a name, you cannot solve it by relying on people who create it, and if it can be solved with money, it is actually not a problem but expenses. More specifically, developers have already come up with a bunch of solutions, but they are not the one who have the final say, while those who have don't seem to be very inclined to change anything since changing anything toward the genuine solution of the problem will cause them to lose profits
So we are essentially in a vicious circle of sorts