So I want to know in such situation, what will you do? I am asking this question because bitcoin is a digital currency for exchange of goods and services. I know that there are some services you pay ahead but what of the ones you are buying instant? You just came to the place and you want to buy from the hawker and zoom off, and you are to pay with bitcoin because there is no physical cash in your wallet/pocket/hands.
Everything in life has got advantages and disadvantages or should I say, limitations. Having yo think of bitcoinbor cryptocurrency as an all perfect system would be wrong because, it’s none the less another creation and has got to have some down sides to it. It’s no wonder that some of its down sides plays out in terms of instant payment where you don’t get your coins confirmed when you want it without paying a high fee, you can’t seem to process a transaction without a device and your always going to need an internet connection. It’s just the way it works and we’ve have to live with that.
It’s a good thing the bitcoin revolution isn’t here to replace local fiat currency because, fiat does help and even still, it’s not suitable for transfers to hawkers on the streets. How many would be willing or even have such payment media readily in place for petty sales.