Post
Topic
Board Beginners & Help
Re: Would you buy dried fruit for bitcoin?
by
crystalharmon13
on 25/04/2013, 16:19:37 UTC
I will not. Because bitcoin transaction takes some time to confirmed and I do not want to spend too much on transaction fees to buy dried food. Maybe something else more in value...


Dumb question...i thought one major advantage of bitcoin is that people could send it from peer to peer virtually free?
(bypassing all conversions, exchanges, transaction fees and taxes)

I think it does take time to actually confirm the bitcoin transaction is indeed valid. A voluntary transaction fee will speed up the process. If BTC gets more in value, a 0.005 transaction fee for dried food may cost a lot?