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Chargebacks are a safety-net on top of payment systems. It gives peace of minds to users. I don't think they will launch a full-fledged cryptobacked anything,
by totony 6y ago
Chargebacks are a safety-net on top of payment systems. It gives peace of minds to users.
I don't think they will launch a full-fledged cryptobacked anything, but if they do, chargebacks are a nice thing to support to boost adoption.
- StavrosK 6y agoI don't disagree, but consider how much more useful is the ability to chargeback in a pull-based system where anyone with a semi-public piece of data (your credit card number) can take money from you, versus a push-based system where every single transaction must be initiated by you.