3 ms·
I don't trust myself to manage a bitcoin wallet. How is this ever going to displace boring centralized banking? If someone uses my credit card without my perm
by recursive 5y ago
I don't trust myself to manage a bitcoin wallet. How is this ever going to displace boring centralized banking? If someone uses my credit card without my permission, that's not my responsibility. That's a big feature.
- pengwing 5y ago"Wallet" is already such a great term for it. Much like a real wallet, just put an amount into it that you are willing to lose. Credit card chargebacks can be a feature and they can be a nightmare + all CC interactions definitely come at a 2%-3% cost to the merchant. Just providing the consumer perspective doesn't help the discussion at all.
- recursive 5y agoCash I don't keep in my wallet I keep in my bank. Where's the bank? Is it insured? In cases of fraud will the transaction be reversed?