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Nope, but it does mean that your insurer will not be covering you for your lost gold bullion because there are limitations in place. The option for the credit
by iaw 9y ago
Nope, but it does mean that your insurer will not be covering you for your lost gold bullion because there are limitations in place.
The option for the credit card issuers is to:
a) stop offering chargebacks for crypto purchases
b) stop allowing crypto purchases
They opted for 'b' because it's easier.
- pjc50 9y agoa) is illegal in most jurisdictions because of the way credit law works; the card companies can't collect on a debt to them for a product or service that wasn't delivered. (I suppose they could eat the cost themselves, but I can't see that happening)