3 ms·

Or better yet, I just issue a chargeback and get my damned money back. The restaurant is just a terrible retort. I'm physically in a location to receive a serv

by 67726e 12y ago

Or better yet, I just issue a chargeback and get my damned money back. The restaurant is just a terrible retort. I'm physically in a location to receive a service. This has nothing to do with paying for a product and not receiving it. Of course if I'm receiving bad service in a restaurant I will speak with the manager. If he refuses to speak or help I will demand a check and pay without tipping. Simple as that.

baddox 12y ago
> Or better yet, I just issue a chargeback and get my damned money back. Doesn't work with cash, and might not work depending on how the credit card company's arbitration works. > The restaurant is just a terrible retort. I'm physically in a location to receive a service. This has nothing to do with paying for a product and not receiving it. Your physical presence is irrelevant to the analogy. The point is that acting legitimately is in the interest of both the company and the customer. > Of course if I'm receiving bad service in a restaurant I will speak with the manager. If he refuses to speak or help I will demand a check and pay without tipping. Simple as that. Then you're out the cost of your meal. The restaurant gets your 20 bucks, and didn't have to provide good service, which is clearly profitable for them in this isolated case. So why don't all restaurants do that?
- 67726e 12y ago
  No, it's just fucking wrong. My point is that Bitcoin leaves the consumer defenseless. Eating at a restaurant Has nothing to do with that. I could in fact refuse to pay.
  - baddox 12y ago
    My point is that in most everyday transactions, the consumer's defense is not the legal system of the country he or she lives in (because it's too expensive to litigate most everyday transactions), but rather market mechanics like reputation and competition.
Omniusaspirer 12y ago
I've yet to be so scammed by a company I purchased products from since they inherently have MUCH more to lose by being dishonest. Obviously that's anecdotal but I'm still 100% convinced the chances of being scammed by a reputable merchant is absolutely miniscule. Looking at the other side of the equation- I've had TONS of customers attempt to cheat me in one way or another. Buyers have very little to lose and are much more likely to be irrational/outright thieves than someone who took the time to build up a business. As a buyer I'll happily take a discount equal to the cost of CC transaction fees over the "buyer protections" any day of the week.
- baddox 12y ago
  I've also never been scammed. It's worth noting that I have initially had bad experiences with merchants, e.g. incorrect shipments, severely delayed shipments, etc. But the merchants have, so far, always gone to reasonable efforts to make things right.

by 67726e 12y ago

baddox 12y ago

> Or better yet, I just issue a chargeback and get my damned money back. Doesn't work with cash, and might not work depending on how the credit card company's arbitration works. > The restaurant is just a terrible retort. I'm physically in a location to receive a service. This has nothing to do with paying for a product and not receiving it. Your physical presence is irrelevant to the analogy. The point is that acting legitimately is in the interest of both the company and the customer. > Of course if I'm receiving bad service in a restaurant I will speak with the manager. If he refuses to speak or help I will demand a check and pay without tipping. Simple as that. Then you're out the cost of your meal. The restaurant gets your 20 bucks, and didn't have to provide good service, which is clearly profitable for them in this isolated case. So why don't all restaurants do that?

67726e 12y ago
No, it's just fucking wrong. My point is that Bitcoin leaves the consumer defenseless. Eating at a restaurant Has nothing to do with that. I could in fact refuse to pay.
- baddox 12y ago
  My point is that in most everyday transactions, the consumer's defense is not the legal system of the country he or she lives in (because it's too expensive to litigate most everyday transactions), but rather market mechanics like reputation and competition.

Omniusaspirer 12y ago

I've yet to be so scammed by a company I purchased products from since they inherently have MUCH more to lose by being dishonest. Obviously that's anecdotal but I'm still 100% convinced the chances of being scammed by a reputable merchant is absolutely miniscule. Looking at the other side of the equation- I've had TONS of customers attempt to cheat me in one way or another. Buyers have very little to lose and are much more likely to be irrational/outright thieves than someone who took the time to build up a business. As a buyer I'll happily take a discount equal to the cost of CC transaction fees over the "buyer protections" any day of the week.

baddox 12y ago
I've also never been scammed. It's worth noting that I have initially had bad experiences with merchants, e.g. incorrect shipments, severely delayed shipments, etc. But the merchants have, so far, always gone to reasonable efforts to make things right.