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In this case, it's still private self interest in the exact same way. If a stolen credit card is used to buy Bitcoin, then Bitcoin is used in Steam, who eats t

• gruez 5y ago
  > If a stolen credit card is used to buy Bitcoin, then Bitcoin is used in Steam, who eats the fraud The credit card company and/or cryptocurrency exchange would eat the fraud. >and why would they not push against the others for restitution if it's all trackable? This is moving the goalposts. We're not discussing whether such a scheme would benefit banks/credit card companies/crypto exchanges, we're discussing whether valve implemented such a scheme for steam. I'm sure the aforementioned parties appreciate such a scheme, just as banks would appreciate a scheme where stores were checking the bills they accept were stolen or not. However, that says nothing about whether such a scheme exists, or whether steam was voluntarily doing so with no apparent benefit to itself. Nor does it change the fact that such a push was non-existent (or at least non-visible) in 2017.
  • jayd16 5y ago
    You're right that its just conjecture of whats possible. It didn't have to exist in 2017 to know today what was fraud today. It also doesn't need to exist at scale, you could simple use a sample. To me it seems feasible and within the means, and incentives of the parties involved, but again, just conjecture.