Post
Topic
Board Bitcoin Discussion
Re: This is why Bitcoin will win ... the speed of credit cards with the cost of cash
by
Remember remember the 5th of November
on 20/01/2014, 00:21:54 UTC
Just one example.  http://shinybars.com/t/paymentoptions

Simplified you have three options:
CC = fast + 3% more expensive
"Bank stuff" = slow + 3% cheaper
Bitcoin = fast + 3% cheaper

Actually on a local supermarket that I frequent to it takes about 30-60 seconds to complete a payment with a CC, really slow and by the time it finishes, a huge line has formed. With Bitcoin, if the supermarket provides their own free Wi-Fi, to which their own bitcoind is connected to, it will make the transaction way faster than a CC and best part, you don't need to wait for change, you pay the exact amount and just leave.