3 ms·
This level of fraud is experienced by all sellers of expensive hardware. The high-end audio equipment industry has the same problem that we do - high fraud, and
by Taek 9y ago
This level of fraud is experienced by all sellers of expensive hardware. The high-end audio equipment industry has the same problem that we do - high fraud, and chargebacks can hit as much as 90 days later. If you already shipped a $4,000 pair of speakers across the world, that chargeback has no recourse, and just represents a giant hit on your balance sheet.
It's a problem that Bitcoin readily solves.