News for hackers. Stuff that matters.
Re:Bitcoin Blows Past $9,000 by wyager on Monday November 27, 2017 @02:50PM (#15790545)
It takes 90-180 days for a credit card transaction to clear, while it takes a bitcoin transaction ~10 minutes. You’re comparing the wrong thing. Retailers typically just eat the CC chargeback fraud costs, while bitcoin stores don’t (because the transaction clears pretty fast anyway).

There are no comments on this comment yet.