3 ms·
Bitcoin does have the capability of "2 of 3" authorizations which can mitigate some of the upfront risk. The idea being that a payment only completes after 2 pa
by pbreit 13y ago
Bitcoin does have the capability of "2 of 3" authorizations which can mitigate some of the upfront risk. The idea being that a payment only completes after 2 parties approve it, the 3rd being an independent 3rd party in this case (who could be configured to auto-approve if a complaint isn't filed in x days).
- danielweber 13y agoAnd what stops the customer from filing a bogus complaint, same as they do now if they use a credit card?
- pbreit 13y agoGetting kicked out of the system.