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In terms of fraud protection, the bitcoin network is only responsible for ensuring a double spend will not happen. I don't think it should be the 1st layer prot
by deevolution 7y ago
In terms of fraud protection, the bitcoin network is only responsible for ensuring a double spend will not happen. I don't think it should be the 1st layer protocol's responsibility to also handle chargebacks and fraud claims... these issues need to be settled by intermediaries who are willing and able to deal with these customer issues.