>Buys coffee with bitcoin in the morning
>Waits for conformations to complete
>30min later
>Coffee becomes cold
>Line backs up
>50 min later
>Late for shekelsbergs company
>60 min later
>car getting written up because the meter ran out.
>All conformations have completed
Bitcoin is the future guys..
why do nocoiners think you have to wait for confirmations to complete in order to finish a transaction?
the second you send the money, the transaction is finished.
it's going to arrive, there's nothing stopping it from reaching it's destination.
moron
nope, it has to confirm.
But how will the other party be certain that you actually sent the money?
Because of confirmations, retard.
nope, you're a retarded nocoiner
kys
>$2 fee for a $5 coffee
This is why I shill IOTA
because you're doing a fucking face to face transaction? holy shit you're stupid
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So you're going to show them your phone and promise you really paid? No way that could go wrong.
I literally know a guy who did that with online banking payments and scammed restaurants with it.
This. LN soon.
>$100 LN tx fee
Nocoiners plz sudoku
Btc transactions are irreversible that's why you don't need to wait for confirmations - just need to check that the correct address has been used ffs
you obviously have 0 knowledge of computing, let alone blockchain.
>$
Deprecated.
>ever doubting the Yellencoin
then explain why you have to wait for 6 fucking confims everywhere
> Hey sir, it has been over an hour and it appears that no one wants to trade their btc for ltc via lightning network. Sorry for our inconvenience.
You only need 1 to trade on more legit exchanges. more for withdrawal
To protect from doublespending.
6 confirmations meaning 6 blocks deep in the chain hence on theory one attacker won't have pooled more than 10% of hashrate. You can also accept btc without any confirmation but then you would risk losing them
When you pay with your debit card you don't wait your payment confirmation.
But bitcoin remain shit nevertheless.
This. It might take a few days, or even weeks, if you use a super low fee (or even no fee at all), but eventually it will be confirmed.
Confirmations play a more important role when you're transacting with big amounts of money. No one is gonna try to bamboozle you for a fucking coffee.
Bitcoin fucking sucks. It only sticks around because it was the first, but in reality, it really sucks. Admit it.
>buy coffee with DGB
>burn face because the transaction went so fast the employee threw it in your face
With Bitcoin Cash you don't have to wait for confirmations.
Confirmations are a must when blocks are full, because you can never be sure if it's going to confirm at all.
Btw, bch only needs satoshi/byte tx fee. That's 0.1 CENT for tx currently.
>Yes sir, one large pepperoni pizza in 30 minutes sir! That'll be 20 Dollar Moneys, plus tip.
You haven't met the crypto niggers yet
>buy coffee with bitcoin in the morning
>use TenX card
>payment transacts instantly
>sit and drink my coffee for 30 minutes while laughing at OP sitting in the nocarder waiting area
>buys coffee with gold bar in the morning
>wait for casher to gather supplies
>10 minutes later
>cashier is checking the price of gold and shaving off the exact amount on to his scale
>someone opens the door and a gust of wind blows the gold shavings off the scale. money just lost like that.
>50 minutes later
>get cold coffee. shove giant gold bar into my fanny pack and walk away
wow...
lul
When you pay with a debit card the funds aren't actually transferred until sometime later.
Correct but it's still clears and I get my coffee instantly
>go to the coffee shop
>order a latte
>"that'll be 5 coffeebucks"
>realize that I'm only hodling cafetokens
>"j-just a second"
>pull out my phone and frantically look up an exchange
>the only site that still deals with cafetoken is c-cex
>exchange rate is 800 cafetokens per coffeebuck
>I paid 50 cents each for these during the ICO...
>3 hours later I finally manage to transfer the coins to and off c-cex with a minor 15% fee
>effectively pay $2300 for my drink and leave
>"ahem"
>oh yeah, the tip
>the only general purpose currency I have is BTC
>smallest unit I can tip is 1 satoshi which is currently valued at over $40,000
>don't want to hold up the line anymore so I just send her the damn satoshi and wait 90 minutes for confirmations
>decide to call it a day after all that stress
>hail a taxi
>the sign says that they only accept cabcash
>remember that Veeky Forums tricked me into investing in taxipay
>decide to walk home
Crypto probably has some future.
But,
Bitcoin is not the future. It's prehistoric, outdated, shit ware from 2009.
this would be akin to buying coffee with gold bars, of course you convert to something else for day to day spending money
lol I like this new meme..
made me kek
any transaction you make with your cute apple or android pay, visa, master card and so on so on, are never ever real time.
first you get a virtual number just to comfort you that the other part received the money, after minutes or hours in the shadows of technology, the money arrives.
you will never complain because you will never really know, same goes for bitcoin.
once the coin is sent from a to b you cannot change it, even if it was not fully approved by the blockchain, b already owns the coin from the moment you send it.
got it?
nice thread!