> Bitcoin charges something like $4 per transaction lately, and they take on the order of a day to process. It's unstable, and it's confusing to most people. B

> Bitcoin charges something like $4 per transaction lately, and they take on the order of a day to process. It's unstable, and it's confusing to most people. Bank transactions take that or longer to fully settle. The merchant and bank are just giving you credit to bridge the gap when you use your card at the checkout line. Your bank sends a best guess that you actually have the funds but won't know for sure until the daily batch job is run. If you look at the actual mechanics of bank transactions you'd find it much more confusing than BTC - everyone just papers it over for you in exchange for a fee which you probably don't know your paying. You could do the same thing with BTC, look at the source addresses balance since everything is public and make a short term credit decision.