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> You're not guaranteed to perform a chargeback successfully. Even in the worst case, because a credit card is an abstraction over my bank account, I have the
by kibwen 4y ago
> You're not guaranteed to perform a chargeback successfully.
Even in the worst case, because a credit card is an abstraction over my bank account, I have the option to refuse to pay and won't lose my shirt or otherwise become despondent. In the meantime, chargebacks are a feature of the system, not a bug. To wit, cryptocurrency advocates are the last people who should go around lecturing others about fraud. :P
- wizeman 4y ago> Even in the worst case, because a credit card is an abstraction over my bank account, I have the option to refuse to pay and won't lose my shirt or otherwise become despondent. That may also have unintended consequences for victims of credit card insecurity. > To wit, cryptocurrency advocates are the last people who should go around lecturing others about fraud. :P Why not? Cryptocurrency advocates know a lot more about it than most people (for good and bad reasons).