Hacker News new | ask | show | jobs
by kevinak 1317 days ago
With Bitcoin: Costs $0.4 per transaction. Zero paperwork. Takes several minutes.
2 comments

For our purposes (and most businesses), those are marginal improvements. And there's absolutely no way the very significant risks involved with handling cryptocurrency are worth it to us.
And you lose the right to effect any chargebacks if any errors happen anywhere in the process, including mistyping the receiver address. I would happily pay 0.04% for such a powerful insurance.
Are you sure you can charge back that bank transfer? In theory sure, but in practice?