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Yeah, that whole no chargebacks concept as a “feature” of cryptocurrency has always been a head scratcher to me. I mean, yes, businesses may like that, but croo
by Robotbeat 5y ago
Yeah, that whole no chargebacks concept as a “feature” of cryptocurrency has always been a head scratcher to me. I mean, yes, businesses may like that, but crooks like that even more, and it’s almost purely a negative to the vast majority of people, i.e. consumers.
And it’s a core motivation for cryptocurrency, in the original Satoshi paper.
- tim333 5y agoThe idea was it would make transacting cheaper. Not sure that worked in practice.