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> If anything it would exacerbate the shady behavior because consumers would have no recourse against fraud. Cryptocurrency works quite a bit differently to c
by jstanley 7y ago
> If anything it would exacerbate the shady behavior because consumers would have no recourse against fraud.
Cryptocurrency works quite a bit differently to credit cards. "Fraud" in the usual sense isn't possible: it is not possible for the service provider to take your money merely by falsely claiming that you authorised a payment. Payments can only be initiated by the client.