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A comment on Bitcoin exchange rate reached $100 USD per BTC. Parent comment

Re:Bitcoin exchange rate reached $100 USD per BTC by rmc on Monday April 01, 2013 @10:57AM (#5473410)
you can split it in 100 pieces and send to 100 people in different countries in a matter of seconds.

No, a transaction can take from 10 minutes to an hour to complete. You may have to pay a percentage to do that aswell.

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Re:Bitcoin exchange rate reached $100 USD per BTC by oleganza on Monday April 01, 2013 @11:04AM (#5473464)
If they trust you, it's a matter of seconds. And anyway, try to do that in 20 minutes with gold.
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Re:Bitcoin exchange rate reached $100 USD per BTC by paulgb on Monday April 01, 2013 @01:34PM (#5474549)
If they trust you, they can do it with gold too. "I owe you an ounce of gold."
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Re:Bitcoin exchange rate reached $100 USD per BTC by oleganza on Monday April 01, 2013 @05:32PM (#5476070)
They need to trust you for 10-20 minutes before confirmation, not forever like with borrowed piece of gold.
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