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Comment by Taek

The chargeback returning the money to the rightful owner doesn't help the merchant who shipped $6,000 of hardware to some stranger. Certain types of electronic sales simply can't be done online because of the high rates of fraud. When you add crypto, these sales become possible.

Yes, they become possible at the cost of putting the counterparty risk onto the consumer, but that's better than the sale being entirely non-viable.

parent Taek 5 years ago

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