> The sending costs an unknown amount
Here's you can see historic daily average Bitcoin transaction fees both in dollars per transaction and in satoshis per byte https://bitcoinfees.info/
> takes an unknwon amount of time
Here's the average time for one confirmation: https://coincentral.com/wp-content/uploads/2017/12/Screensho... here
> This is just misleading,
But it's not, there's a time delay between when you initiate exchanging your real money to scam money and the receiver finishes the exchange back and during that time bitcoin can move in any direction.
>But it's not, there's a time delay between when you initiate exchanging your real money to scam money and the receiver finishes the exchange back and during that time bitcoin can move in any direction
Well yes, but this is known beforehand. There are many mechanisms you could use to hedge your risk here.
Do you even hear yourself? We started from very easy to use and now we are at hedging strategies...
I was merely objecting to your false claims. Bitcoin & co. have enough problems as is, there’s no need to invent imaginary ones.
This is a downright lie.
>the receiver gets something but none of you can predict how much that is actually worth by the time they receive it
This is just misleading, the recipient gains control of the transmitted bitcoin almost instantly. Confirmation delays are known.