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BItcoin "accounts" are not based on identities. Therefore it is very easy to accept and send payments, since there are no identities at all. No possibility for
by jerguismi 14y ago
BItcoin "accounts" are not based on identities. Therefore it is very easy to accept and send payments, since there are no identities at all. No possibility for fraud, because there is only hard cash.
- kiba 14y agoThere can be a possibility of fraud, it's just that bitcoin doesn't care or know if it's fraud. If you want to care about fraud, you could use escrows and additional layers on top of bitcoin.