[aianus]

Of course the products are all marked up to cover the fraud, but it's not like you can opt out of that markup so you might as well take advantage of the convenience.

[nostrebored]

Surely you can see that an adoption of this strategy results in an inefficient allocation of resources...

It doesn't truly benefit you, hurts the merchant, increases prices for everyone.

[aianus]

I would prefer a push based system like Bitcoin where I can assume 100% control and liability at near-zero cost but I know I'm in an extreme minority.

People love zero liability so that's where we are and we all have to pay for it.