[icebraining]

Only a small part of those fees and frictions actually pay for that protection, and in the CC system, a good chunk of that protection is only needed because the system is almost designed to be abused.

But more importantly, that protection money becomes actual protection money, since you can't opt-out. I've bought a lot of used stuff over the years to strangers using cash, deliberately abdicating that protection. Yet if I want to do that online, I can't.