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User sends crypto to unlock content. Then the site refuses to give the content, or gives significantly different content. With a credit card, you'd do a charge
by edent 8y ago
User sends crypto to unlock content. Then the site refuses to give the content, or gives significantly different content.
With a credit card, you'd do a chargeback. With crypto there no protection from dodgy sites.
So, no, not just for physical goods.
- woah 8y agoThis is the problem with HN’s blind hatred for cryptocurrency. People make weird assumptions, not understanding how it works. There are many different micropayment schemes under development or already operational. With these, you can pay per second of content. See spankchain
- edent 8y agoIt literally says on their front page "No Chargebacks".