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That's why the whole credit card system is insane. 1) It's a pull instead of a push. Anybody with your CC details can attempt to charge it. Bitcoin model is mu
by imaginenore 11y ago
That's why the whole credit card system is insane.
1) It's a pull instead of a push. Anybody with your CC details can attempt to charge it. Bitcoin model is much more sane.
2) There's not even a "approve the charge" option.
3) The cartels controlling the credit card systems charge insane amounts of money for transactions, attempted or real.
I really want Bitcoin or some other alternative to succeed.
- ubersync 11y agoExactly. I hope we will see a world soon, where Bitcoin (or another cryptocurrency) is as ubiquitous as credit cards now. Transaction fees for a failed credit card payment? Its more than insane.