3 ms·
It solves the kind of fraud where a customer receives irretrievable goods or services in exchange for a bounced check or credit from a stolen credit card.
by coryfklein 9y ago
It solves the kind of fraud where a customer receives irretrievable goods or services in exchange for a bounced check or credit from a stolen credit card.
- euyyn 9y agoYeah that would be consumer fraud against merchants. No?
- zaarn 9y agoBut what about the fraud where a merchant screw over the customer? That will easily affect more people.
- coryfklein 9y agoYes. Bitcoin certainly shifts the risk from the receiver of money to the payer of money.
- zaarn 9y agoWhich is in my opinion dangerous, the payer of the money is your average consumer who are regularly falling for spam mail from nigerian royalty.