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It's obvious, but fraud has definitely been an issue with all the simple Bitcoin donation buttons/GUIs that have popped up in the last year or so.

• IkmoIkmo 12y ago
  No it hasn't. Bitcoin is a push system of payment, creditcards are a pull system of payment. Bitcoin payments use cryptography on a non-proprietary ledger secured by proof of work of hundreds of millions of dollars of computing power (meaning once the payment is done, there is no central party to reverse it like say Paypal could reverse payments on their proprietary Paypal ledger, and unless you have a computer from the 22nd century, you won't be able to reverse the transaction). In other words, it's an entirely different system of payments. No clue what type of fraud you're referring to, but the fraud explained in the post you replied to does not apply to bitcoin. If due to lack of punctuation you mean something different, i.e. that CC fraud is so rampant that everyone is switching to bitcoin donations and that they've been popping up everywhere because of that, I doubt that that's been the key driving factor, although it surely is part of the equation. In any case I don't really know what you meant to say :-/