How can bitcoin POSSIBLY survive in the real world if retail is basically put to a halt waiting for confirmation times....or in saying that what about ATM's or buying/selling BTC?
How can the USD possibly survive in the real world if you have to wait an entire week to transfer money from one side of the country to the other side!?
Not to mention the 10%+ transaction fees of fiat. 23 minute confirmation times to send money anywhere in the world? Well.....back to fiat I go!
if wire transfers of fiat take upto 3 business days just to appear in your account. and then upto 3 minutes to be confirmed against chargebacks.
bitcoin instantly appears in your wallet and takes an average of 10 minutes-an hour to b confirmed against chargebacks.