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I would like to see Bitcoin in real world use, even if just as an experiment, but part of the issue with that is that you can't just accept a payment and everyt
by sli 14y ago
I would like to see Bitcoin in real world use, even if just as an experiment, but part of the issue with that is that you can't just accept a payment and everything is done like you would with a credit card or cash. The network has to verify it, which could take anywhere from an hour to days. That's not exactly attractive to businesses.
However, that sort of thing is probably why Bitcoins have started to (slowly) gain wider acceptance from internet retailers. They can simply wait for the payment to be verified before processing and shipping the order, or enabling the account, or whatever it is that they sell.