alt Hacker NewsOnly if they're on the receiving end. You need to remember that businesses also buy things, and often by credit card.
Chargebacks exist in the real world because long, long ago people recognized that electronic payment systems are fertile soil for scammers. The "lack of chargeback risk" that cryptobros keep chirping about is nowhere near the flex they think it is.
Replies
KetoManx64 • yesterday at 5:54 PM
It's a flex when you compare it to a government based currency where the bank or government can freeze your bank accounts or just empty it. Plenty of stories from The USA and Canada from the last decade of that very thing being done.
➕ show 2 replies
This! And this is why the “crypto” world is full of scams and heists, in a way that anyone with a brain could have foreseen from the start.