3 ms·
Perhaps baddox meant Fraud protection for the vendor - chargebacks are impossible with Bitcoin, so once the vendor has the money/bitcoin, it's theirs. As a con
by SyneRyder 13y ago
Perhaps baddox meant Fraud protection for the vendor - chargebacks are impossible with Bitcoin, so once the vendor has the money/bitcoin, it's theirs.
As a consumer though, I much prefer the fraud protection that the credit card companies provide. And as a vendor, the 1% or less of chargebacks is probably outweighed by the number of customers who do buy because they feel safer using their credit card online.