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Credit cards are exactly that, credit. Bitcoin is not a credit system. If you had had a debit card and money was fraudulently spent, good luck getting that ba
by TomGullen 13y ago
Credit cards are exactly that, credit. Bitcoin is not a credit system.
If you had had a debit card and money was fraudulently spent, good luck getting that back from your bank. Debit cards are used to make hundreds of billions $ worth of purchases online each year.
> Those merchants should have had better processes to handle locals using foreign credit cards.
Isn't this victim blame?
- wmf 13y agoMy debit card has similar protections as credit cards. And I'm not sure why the lack of credit in Bitcoin is a feature.
- jusben1369 13y agoYes to be clear, at least in the US, most debit cards have this protection. Although it's not quite as simple as a chargeback.