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Sorry for my continued confusion, but can you clarify how any of this stuff helps me have the same protections as when using a credit card? I just want to buy
by alextheparrot 9y ago
Sorry for my continued confusion, but can you clarify how any of this stuff helps me have the same protections as when using a credit card? I just want to buy things safely when I’m not physically present - it seems like with cryto I’d send them the money and then I have to trust they’ll send me the thing, whereas with a credit card if they don’t send me the thing I just ask my issuer to reverse the transaction.
- gt_ 9y agoYou got it right. It’s no good for that. No crypto system can close trust beyond the network and it’s nodes. Some other dependency is required for that. Crypto might be shown to allow for some new kinds of dependency to step in at that point but I don’t know of anything like that myself.
- deleted 9y ago[deleted]