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what do you do if you're a real retailer and someone says : "Hey one of your customers last week paid you with cash that was stolen from me!" The answer is: "W
by logicallee 13y ago
what do you do if you're a real retailer and someone says : "Hey one of your customers last week paid you with cash that was stolen from me!"
The answer is: "Well go report the stolen cash, we have no idea how to help you."
It's just the nature of cash that it works that way. People need to / will learn the nature of bitcoin, whatever that is exactly.
- dublinben 13y agoThat's a significant reason why many people do not use cash for all their purchases. The consumer protection of credit cards is one of their primary benefits. Bitcoin takes away all of those protections.
- thisosound 13y agoBut the fees are a lot lower and it doesn't mean that those protections can't be added back on on a different layer. You can also do a lot more with Bitcoin than with CCs.