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You can't use gold online in an trust-minimized way. One counterexample are industries with high chargeback/fraud rates. Bitcoin is perfect for merchants expose
by turkeytotal 8y ago
You can't use gold online in an trust-minimized way. One counterexample are industries with high chargeback/fraud rates. Bitcoin is perfect for merchants exposed to friendly fraud, it completely removes the leverage customers have over them.
- leereeves 8y agoBut accepting only Bitcoin is hardly an option even for those merchants.