bitcoin at shops

[penguin_brian]

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

[1715688685]

1715688685

[1715688685]

1715688685

[21after2]

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]

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.

[SingularPixel]

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.

[epbaha]

http://lmgtfy.com/?q=green+address