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Reversible transactions is a feature for fiat money Reversible transactions would generally be a bug regarding cash & hard assets of which cryptocurrency is tr

• idiotsecant 2y ago
  Crypto has reversible transactions when both parties agree to use that functionality in advance (well, the reasonably programmable ones do, anyway) It's not a bug if both parties give consent, which sounds like a wonderful way to transact, to me!
  • toss1 2y ago
    But, when you REALLY want reversibility is when the transaction is done without your consent — when stuff is stolen and you want it back. Thieves will not tend to consent to reversible transactions.
    • staplers 2y ago
      On the contrary, thieves often use chargebacks to steal from small businesses.
      • toss1 2y ago
        Sure, but they don't want transactions YOU/WE can reverse... We all want: "Reversing for me, but not for thee"
• victorbjorklund 2y ago
  1.5 billion in cash would not disappear this easy. You would need trucks to even transport it.
  • FabHK 2y ago
    Indeed. If you sell a suitcase of cocaine, you need to launder two suitcases of cash.
• paulpauper 2y ago
  it can still be still hard to reverse fiat even if easier than crypto. try disputing a wire. this is why you should always use a credit card, preferably Amex, for purchases-tons of buyer protection.