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Wouldn’t there only be a tiny chance the guy buying your phone is sophisticated enough to double spend? That’s what I never understood about small bitcoin purc

• LyndsySimon 9y ago
  Yes. I've transacted quite a bit in person for Bitcoin, and I'm fine with an unconfirmed transaction as long as the value is less than $500 or so and I can see it in the transaction pool. The way I see it, an unconfirmed Bitcoin transaction is still more trustworthy than a confirmed debit card transaction. At least with Bitcoin, I'm 100% sure the person has the money in the first place, and that once the transaction clears (in ~10 minutes), they can't reverse it later and stick me with the loss.