3 ms·

No.

by rosndo 5y ago

No.

NicoJuicy 5y ago
Yes. What do you think a chargeback is?
- rosndo 5y ago
  Literally nobody offers a service to check if specific coins were bought with a stolen credit card. I know what a chargeback is, and those are utterly irrelevant here.
  - squeaky-clean 5y ago
    That's not what they said at all though. Have you never been traveling and had your CC declined and your bank immediately calls you to verify the purchase? Credit cards do have checks in place to immediately flag them as fraudulent. This is not related to bitcoins and they never said it was. On top of that, if you use a stolen credit card to buy a steam game and the original owner files a chargeback, your entire steam account gets banned. So yes it's extremely relevant here. If instead you buy BTC on an exchange and then spend those BTC on steam, it's less likely to be flagged as fraud (at the time) because the BTC is purchased from an American website. Then you spend the BTC on steam. Then once the credit card is reported as stolen and a chargeback filed, it's the crypto exchange who gets hit. The chargeback is never associated with Steam and you can buy Steam games from a lower-priced market without the CC company ever being aware.
  - NicoJuicy 5y ago
    I literally had to approve with my bank to verify payment of a relatively large sum. My credit card got into a locked state for a while every month, when Vulture did a approved monthly charge. There are plenty of systems that verify things out of the ordinary. It's not because you haven't encountered it, that they aren't there. Additionally, stolen credit cards can be marked as stolen. Which would block any future payment with it.
    - stale2002 5y ago
      You don't understand what people are saying. The BTC that someone is sending you, isn't being charged back. You can't chargeback BTC. That doesn't make any sense. > There are plenty of systems that verify things out of the ordinary. There is no system that checks if the BTC is out of the ordinary, no. > It's not because you haven't encountered it Feel free to point to anywhere at all, that is doing a verification on the BTC. Not your credit card. Instead the BTC. > stolen credit cards can be marked as stolen A credit card can. But BTC is not a credit card.
      - deleted 5y ago
        [deleted]

No.

by rosndo 5y ago

No.

NicoJuicy 5y ago

Yes. What do you think a chargeback is?

rosndo 5y ago
Literally nobody offers a service to check if specific coins were bought with a stolen credit card. I know what a chargeback is, and those are utterly irrelevant here.
- squeaky-clean 5y ago
  That's not what they said at all though. Have you never been traveling and had your CC declined and your bank immediately calls you to verify the purchase? Credit cards do have checks in place to immediately flag them as fraudulent. This is not related to bitcoins and they never said it was. On top of that, if you use a stolen credit card to buy a steam game and the original owner files a chargeback, your entire steam account gets banned. So yes it's extremely relevant here. If instead you buy BTC on an exchange and then spend those BTC on steam, it's less likely to be flagged as fraud (at the time) because the BTC is purchased from an American website. Then you spend the BTC on steam. Then once the credit card is reported as stolen and a chargeback filed, it's the crypto exchange who gets hit. The chargeback is never associated with Steam and you can buy Steam games from a lower-priced market without the CC company ever being aware.
- NicoJuicy 5y ago
  I literally had to approve with my bank to verify payment of a relatively large sum. My credit card got into a locked state for a while every month, when Vulture did a approved monthly charge. There are plenty of systems that verify things out of the ordinary. It's not because you haven't encountered it, that they aren't there. Additionally, stolen credit cards can be marked as stolen. Which would block any future payment with it.
  - stale2002 5y ago
    You don't understand what people are saying. The BTC that someone is sending you, isn't being charged back. You can't chargeback BTC. That doesn't make any sense. > There are plenty of systems that verify things out of the ordinary. There is no system that checks if the BTC is out of the ordinary, no. > It's not because you haven't encountered it Feel free to point to anywhere at all, that is doing a verification on the BTC. Not your credit card. Instead the BTC. > stolen credit cards can be marked as stolen A credit card can. But BTC is not a credit card.
    - deleted 5y ago
      [deleted]