Transaction time question

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1 BTC = $43774.88 USD  (via Coinbase)
1 ETH = $3057.58 USD  (via Coinbase)
1 LTC = $159.64 USD  (via Coinbase)
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If/when bitcoin gains mainstream adoption, how exactly will transaction confirmations work? I can't imagine buying groceries, paying with bitcoin, and then waiting 10 or so minutes for a confirmation. I'm sure there is a solution out there or something I am missing, but would love some clarification.

submitted by /u/TheRuralJuror69
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $43774.88 USD  (via Coinbase)
1 ETH = $3057.58 USD  (via Coinbase)
1 LTC = $159.64 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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