Shark Tank’s Kevin O’Leary: Uneducated investors will create a cocktail for disaster. Nevertheless, bitcoin is an asset, if not a viable currency.
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Bitcoin Transaction Costs are ‘So Much Cheaper’ than Credit Cards, Says Canadian Mayor
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How Many Confirmations Secure a Bitcoin Transaction?
A bitcoin transaction is typically considered secure after 6 confirmations. Each confirmation, added roughly every 10 minutes, decreases the risk of double-spending, ensuring the transaction is irreversible and trustworthy.
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