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Even with cash you had consumer protection laws. So you could get your cash back. With bitcoin it's medieval ages at best.
by dmitriid 6y ago
Even with cash you had consumer protection laws. So you could get your cash back.
With bitcoin it's medieval ages at best.
- hfsp 6y agoGod forbid btc give people the option of freedom and asking them to take responsibility for themselves.
- vinger 6y agoWouldn't the same laws apply regardless of payment? If a store defrauds you or if you know who the other person is in the exchange (regardless if it's cash or bitcoin or gold). If you don't know the other person then cash or bitcoin it wouldn't matter. If you drop your cash it's gone. If you drop your bitcoin wallet and you backed it up you still have your bitcoin..
- dmitriid 6y agoAh. It was late last night when I wrote this, so for some reason I was thinking "drop cash" as in "drop cash on some purchases" :)