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If a highstreet store accepted bitcoin, would I need to wait 10 min for my payment to clear?

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Posted by17 hours ago

If a transaction takes approx 10 min and 20 people were in a queue, does this mean that the 20th person would be waiting 200 minutes before he clears the check out ?

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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

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