3 ms·
That's a lie. How can you even make a fraudulent bitcoin transaction?
by udev4096 1y ago
That's a lie. How can you even make a fraudulent bitcoin transaction?
- victorbjorklund 1y agoFraudlent is accoriding to the law. If I steal your bitcoin I spend them on Steam it is fraudlent. I know cryptobros think stealing bitcoins are OK and shouldnt count as fraud but law isnt written by cryptobros.
- gruez 1y agohow were they able to conclude the coins were stolen?
- pests 1y agoIt’s not this. Steam accepted 0confirmations to ease the payment flow. Before the transaction would be mined into a block, the fraudster would submit a new higher priority transaction sending the payment to themselves.
- deleted 1y ago[deleted]
- buzer 1y agoBy spending your coins twice. https://news.ycombinator.com/item?id=30478262 https://news.ycombinator.com/item?id=30478262
- udev4096 1y agoWho in their right mind would not wait for at least 2-3 confirmations before approving the transaction? It sounds like a skill issue
- deleted 1y ago[deleted]
- warkdarrior 1y agoI, as Steam user, want to pay for and play my game right now, not in 30-60 minutes.
- lossolo 1y agoThat's a solved problem in 2025. There are chains with confirmation times of around 1 second now.
- JCharante 1y agowell don't pay with bitcoin that has a 10 minute block time, use something near the top of this https://www.cryptosettlementtime.com https://www.cryptosettlementtime.com
- immibis 1y agoWell, then pay with credit card. I think it's reasonable to make you wait for a bitcoin transaction. That's just how bitcoin is. A mandatory waiting period for your horny impulse purchase doesn't necessarily seem like a bad thing, anyway.
- habinero 1y agoMoney laundering, for one. You release some dumb asset flip and then "buy" it with your dirty crypto and Valve turns it into nice clean fiat money. And yes, that is on Valve to prevent.