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You raise some good points but I deeply disagree about payments being immediately released. So if I make a mistake in my purchase and want a refund but the sell
by short_sells_poo 4y ago
You raise some good points but I deeply disagree about payments being immediately released. So if I make a mistake in my purchase and want a refund but the seller is nonresponsive I'm just out of luck?
There's a reason why payment processing is complex and IMO to a large degree it is because it's more than just moving some numbers in a database.
- yieldcrv 4y agowhat you spelled out sounds like the opposite of disagreement, at least regarding the accuracy of the statements, you just don't like a theoretical merchant to consumer relationship, which has nothing to do with a web3 stack or service. My thoughts are that accepting crypto for payments for a SaaS product or tangible good sold online has nothing to do with Web3. To expand on that, a merchant that chooses not to use a payment processor that provides recourse also has nothing to do with whether they let you pay in crypto, and also nothing to do with web3, as there are payment processors that accept crypto and provide the consumer recourse. so don't use those services? you also might find what I consider to be web3 pretty interesting there’s usually a smart contract involved and a website that is just a GUI to interact with that smart contract in a way that makes it nearly impossible to make mistakes, with the service you want access to delivered immediately. Much more like an internet vending machine than anything else. (comes with its own problems though, phishing, backdoors, things to verify)