The tech is actually incredibly good. If you think about it and have an understanding of it.
People harp on how long it takes to send funds through bitcoin. But the confirmation of those funds is instant.
Compare Bitcoin to VISA - the fees are high, the confirmation is insant, but how long does it take for the funds to be transferred from VISA to the retailer who accepts the money. It's not instant. Far from instant.
People harp on how long it takes to send funds through bitcoin. But the confirmation of those funds is instant.
Compare Bitcoin to VISA - the fees are high, the confirmation is insant, but how long does it take for the funds to be transferred from VISA to the retailer who accepts the money. It's not instant. Far from instant.