*you can split it in 100 pieces and send to 100 people in different countries in... | Hacker News

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rmc on April 1, 2013 | parent | context | favorite | on: Bitcoin exchange rate reached $100 USD per BTC

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.

oleganza on April 1, 2013 [–]

If they trust you, it's a matter of seconds. And anyway, try to do that in 20 minutes with gold.

paulgb on April 1, 2013 | [–]

If they trust you, they can do it with gold too. "I owe you an ounce of gold."

oleganza on April 1, 2013 | | [–]

They need to trust you for 10-20 minutes before confirmation, not forever like with borrowed piece of gold.

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