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Author Topic: bitcoin at shops  (Read 431 times)
penguin_brian
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January 16, 2013, 04:28:11 AM
 #1

Hello,

In theory, Is there any possibility of using bitcoins for transactions, say at the supermarket?

If so, how do you get past the issue that waiting for 6+ confirmations will take too long for the typical customer who is paying in person at a shop?

Apparently not waiting for any confirmations is considered risky.
https://bitcointalk.org/index.php?topic=135985.0

Brian
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21after2
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January 16, 2013, 04:52:23 AM
 #2

I think most people use their phones for transactions at shops. I would assume a shop would set up a QR code for customers to scan and send payments to, with a wallet open on the register computer to show that the payment was sent.

As for the confirmations? Afraid I can't answer that. I feel like I read an answer about that once here on the forums or on the wiki, but I don't remember where.
odolvlobo
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January 16, 2013, 04:55:18 AM
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Not waiting for at least one confirmation has some risk, but that doesn't mean that merchants won't accept that risk. Also, there are ways to mitigate and reduce the risk.

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January 16, 2013, 05:27:49 AM
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Although BTC is a physical currency, and has potential to be implemented in society; it's kind of hard to see it actually being accepted by major businesses in the near future.
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January 16, 2013, 05:40:08 AM
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http://lmgtfy.com/?q=green+address

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