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Comment by lawn

You cannot compare the speed of the different services without bringing up settlement time, how long it takes for money to become irreversible.

Yes you can send money very quickly with SEPA, but that's not the settlement time. The money can still be reversed (although with more difficulty than credit card payments). With Bitcoin you also get a notification in seconds, but the payment becomes extremely more difficult to reverse in around 10 minutes.

So they're either equally fast or Bitcoin is faster.

parent lawn 7 years ago

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