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Oh no, the most popular product to pay with crypto is gift cards. Which is also popular with fraud. There's literally no sense in buying anything with crypto w

Oh no, the most popular product to pay with crypto is gift cards. Which is also popular with fraud. There's literally no sense in buying anything with crypto when you have to give up the protection that you have as a consumer : chargebacks. You are ignoring why eg. PayPal became popular: 180 days chargeback. It's also the supplier who pays the transaction fee. The regular consumer doesn't care anything about paying anything with crypto.. I can ask 1000 people here that i meet and no one will know about USDC on stellar. That won't change either. You should ask HN if there is any business owner that cares, lol.

rvz 5y ago
> There's literally no sense in buying anything with crypto when you have to give up the protection that you have as a consumer : chargebacks. This is the same 'protection' that is open to abuse by users through chargeback fraud or 'friendly fraud' on both Stripe and PayPal in which the merchants will get chargeback fees and their accounts getting closed with tons of fraudulent chargebacks by users, having to fight fraudulent disputes and waiting months for the money to be unlocked by Stripe or PayPal. > I can ask 1000 people here that i meet and no one will know about USDC on stellar. That won't change either. This is the problem. Here. on HN. Even when they still care to continue to ask more cryptocurrency questions. Like yourself. Were you the same person that asked about whether if users on HN knew about cryptocurrencies in 2011? Or if you were to ask a generation born in 1910 if they know about how to use the world wide web in 1990? This is exactly the same thing here. You and many others have made it clear that you won't use it. The next generation certainly will. Perhaps this is why several HNers are somewhat out of touch of recent trends these days. > You should ask HN if there is any business owner that cares, lol. I don't need to, the interest speaks for itself. For example on the front page of HN 31st of December 2021: Decent (YC W22) Is Hiring a Senior Full Stack Web3 Engineer You are going to see more of this, like it or not. Are you ready to move the goal posts once again? [0] https://www.ycombinator.com/companies/decent/jobs/gtwlg2C-senior-full-stack-engineer https://www.ycombinator.com/companies/decent/jobs/gtwlg2C-se...
- NicoJuicy 5y ago
  Friendly fraud can be faught. Both person's are known to the payment processor. You are still ignoring that it's the customer who decides how to pay. That's why a vendor won't pick crypto when the goal is selling products as in e-commerce. Moving goal posts? And you're talking about jobs in fan/artist investing now? Honestly, i think that could have a chance. Same as Blockchain for voting rights for soccer clubs. I already said that's possible and it's not related to the topic at hand: > You're examples are similar to crypto investments, which is almost the only thing people would spend their crypto on. But if you think any of both are even remotely related to the OP's post, than that's just idiotic.
  - rvz 5y ago
    > Friendly fraud can be faught. Both person's are known to the payment processor. You are still ignoring that it's the customer who decides how to pay. The merchant is highly likely going to lose more money towards fighting friendly fraud on top of the chargeback fees regardless if the customer knowingly paid for the service, product or not or if both are known to the payment processor. That is irrelevant since it is the bank who decides who wins the dispute and the payment processor sides with them, even when the bank cannot determine if the chargeback is fraudulent or not. > That's why a vendor won't pick crypto when the goal is selling products as in e-commerce. So you mean 'running an online store, selling something digital or physical' as in e-commerce? Didn't stop 'this vendor' from selling limited edition shoes to its customers. [0] nor did it stop this vendor either [1]. Once again, OpenSea, Rarible, etc selling NFTs like domain names, etc. Nor did it stop merchants using Coinbase commerce. Since you keep forgetting, do I need to repeat the same examples again? > And you're talking about jobs in fan/artist investing now? This is you: >> You should ask HN if there is any business owner that cares, lol. It seems you forgot already? It was only because YOU asked here on HN for 'any' business owner. I didn't need to ask given this one seems to care. > But if you think any of both are even remotely related to the OP's post, than that's just idiotic. So '...running an online store, selling something digital or physical' is not what the OP said? Neither it being related to 'e-commerce' via buying and selling NFTs, domain names, shoes and clothes? That is idiotic because it involves cryptocurrencies, especially those that have low fees? It is clear that you are still having a hard time accepting that a new generation of merchants and customers are accepting and using cryptocurrencies for payments 'globally' rather than you sitting there saying 'Nothing fundamentally has changed since 2017' or 'Many ecoms added support in 2017 and removed that functionality again.' and 'But it's all going away when BTC drops again.'. [0] https://rtfkt.com/home https://rtfkt.com/home [1] https://pacsun.com https://pacsun.com

rvz 5y ago

> There's literally no sense in buying anything with crypto when you have to give up the protection that you have as a consumer : chargebacks. This is the same 'protection' that is open to abuse by users through chargeback fraud or 'friendly fraud' on both Stripe and PayPal in which the merchants will get chargeback fees and their accounts getting closed with tons of fraudulent chargebacks by users, having to fight fraudulent disputes and waiting months for the money to be unlocked by Stripe or PayPal. > I can ask 1000 people here that i meet and no one will know about USDC on stellar. That won't change either. This is the problem. Here. on HN. Even when they still care to continue to ask more cryptocurrency questions. Like yourself. Were you the same person that asked about whether if users on HN knew about cryptocurrencies in 2011? Or if you were to ask a generation born in 1910 if they know about how to use the world wide web in 1990? This is exactly the same thing here. You and many others have made it clear that you won't use it. The next generation certainly will. Perhaps this is why several HNers are somewhat out of touch of recent trends these days. > You should ask HN if there is any business owner that cares, lol. I don't need to, the interest speaks for itself. For example on the front page of HN 31st of December 2021: Decent (YC W22) Is Hiring a Senior Full Stack Web3 Engineer You are going to see more of this, like it or not. Are you ready to move the goal posts once again? [0] https://www.ycombinator.com/companies/decent/jobs/gtwlg2C-senior-full-stack-engineer https://www.ycombinator.com/companies/decent/jobs/gtwlg2C-se...

NicoJuicy 5y ago
Friendly fraud can be faught. Both person's are known to the payment processor. You are still ignoring that it's the customer who decides how to pay. That's why a vendor won't pick crypto when the goal is selling products as in e-commerce. Moving goal posts? And you're talking about jobs in fan/artist investing now? Honestly, i think that could have a chance. Same as Blockchain for voting rights for soccer clubs. I already said that's possible and it's not related to the topic at hand: > You're examples are similar to crypto investments, which is almost the only thing people would spend their crypto on. But if you think any of both are even remotely related to the OP's post, than that's just idiotic.
- rvz 5y ago
  > Friendly fraud can be faught. Both person's are known to the payment processor. You are still ignoring that it's the customer who decides how to pay. The merchant is highly likely going to lose more money towards fighting friendly fraud on top of the chargeback fees regardless if the customer knowingly paid for the service, product or not or if both are known to the payment processor. That is irrelevant since it is the bank who decides who wins the dispute and the payment processor sides with them, even when the bank cannot determine if the chargeback is fraudulent or not. > That's why a vendor won't pick crypto when the goal is selling products as in e-commerce. So you mean 'running an online store, selling something digital or physical' as in e-commerce? Didn't stop 'this vendor' from selling limited edition shoes to its customers. [0] nor did it stop this vendor either [1]. Once again, OpenSea, Rarible, etc selling NFTs like domain names, etc. Nor did it stop merchants using Coinbase commerce. Since you keep forgetting, do I need to repeat the same examples again? > And you're talking about jobs in fan/artist investing now? This is you: >> You should ask HN if there is any business owner that cares, lol. It seems you forgot already? It was only because YOU asked here on HN for 'any' business owner. I didn't need to ask given this one seems to care. > But if you think any of both are even remotely related to the OP's post, than that's just idiotic. So '...running an online store, selling something digital or physical' is not what the OP said? Neither it being related to 'e-commerce' via buying and selling NFTs, domain names, shoes and clothes? That is idiotic because it involves cryptocurrencies, especially those that have low fees? It is clear that you are still having a hard time accepting that a new generation of merchants and customers are accepting and using cryptocurrencies for payments 'globally' rather than you sitting there saying 'Nothing fundamentally has changed since 2017' or 'Many ecoms added support in 2017 and removed that functionality again.' and 'But it's all going away when BTC drops again.'. [0] https://rtfkt.com/home https://rtfkt.com/home [1] https://pacsun.com https://pacsun.com