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When you pay with a credit card the merchant only gets a payment notification, the money is transferred much later. You'll get a notification in seconds with Bi
by lawn 7y ago
When you pay with a credit card the merchant only gets a payment notification, the money is transferred much later. You'll get a notification in seconds with Bitcoin as well.
Of course I have to mention that Bitcoin has unreliable and sometimes very high fees. This is a problem with Bitcoin specifically not with cryptocurrencies in general.
As a practical example I bought computer parts recently and I paid with Bitcoin Cash. When I was prompted to pay I scanned a QR code with my phone and I was done. It was even smoother than having to input my credit card numbers into the site. Of course the experience is the same if you pay in person, which I did at a restaurant when I visited Japan. Extremely easy.