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by hkjgkjy
3411 days ago
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One of the reasons I prefer paying with Bitcoin over credit card, is that when using cryptocurrency I don't have to give them they key to my account - instead they give me an inbox that I send the value into. Guessing a lot of credit card details are ripe for picking in the data they leaked. |
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Sure, but that's where credit cards shine in comparison to Bitcoin. In the US, you're protected by Federal law in that scenario. A brief pain in the ass - reporting the fraud and getting a new card number - and you're out $0.
Meanwhile, a bit of malware can drain millions of dollars of Bitcoin with zero recourse. It's gone. This isn't theoretical, it has happened. https://www.theguardian.com/technology/2016/aug/03/bitcoin-s...