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There’s the usability. You loose the key, the coin is gone. You use some un-regulated exchange doing stupid things and your coin is gone. You try to pay somebod
by andreskytt 6y ago
There’s the usability. You loose the key, the coin is gone. You use some un-regulated exchange doing stupid things and your coin is gone. You try to pay somebody and the transaction takes forever.
- chrisco255 6y agoSure, well if you lose cash stored under your mattress in a house fire, or you leave a bag of money unattended on a sidewalk...or you do anything careless with things of value, you can and will lose those things of value. Bitcoin transactions take 10 minutes. That is a fully settled transaction in 10 minutes. When you Venmo somebody, it doesn't get fully settled until they actually withdraw to their account, which is at least a day.