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While there is no guarantee by law, these companies do cover fraud with their vast reserves. Ofcourse an economic downturn could change that.
by tluyben2 8y ago
While there is no guarantee by law, these companies do cover fraud with their vast reserves. Ofcourse an economic downturn could change that.
- gruez 8y agoI'd rather have fraud protection mandated by law, than provided as a good will gesture by the corporation. should there be a disagreement between me and the company, the former provides me with legal recourse, whereas the best I can hope for with the latter is a social media shitstorm.
- tluyben2 8y agoOfcourse, just saying how it is and that it is pretty well accepted by 100s of millions of people.