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by sgornick
5563 days ago
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Ya, scratch that. Which brings up a good point. With Bitcoin, there is no concept of chargebacks. Once bitcoins are sent, they are gone. When you wish to make a purchase with a trading partner where trust has not yet been established, the http://ClearCoin.appspot.com escrow can be used to protect the buyer. For this transaction escrow would have been free to use, as the amount is under 100 BTC. |
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