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).
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