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Not technically related, but wouldn't any bitcoin transaction be covered by consumer protection rules anyway? Like if I had paid cash in a shop? I pay a certai
by sfjailbird 13y ago
Not technically related, but wouldn't any bitcoin transaction be covered by consumer protection rules anyway? Like if I had paid cash in a shop?
I pay a certain amount into a seller's publicized bitcoin wallet and I have a receipt from the seller explaining what I bought, the agreed amount, terms, etc. Same as a cash transaction?
- pbreit 13y agoYes, but on far worse terms than when using a credit card which also entail Visa/MC rules which are specifically designed for transacting parties.
- aestra 13y agoYes. Or same if you agreed to pay in diamonds or gold or jewelry. If the original item can't be recovered (it was sold) I am guessing the worth in USD would be substituted.